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Federal Tax-Transfer Policy and Intergovernmental Pre-Commitment

Koethenbuerger, Marko - 2021

Federal and state governments often differ in the capacity to pre-commit to expenditure and tax policy. Whether the implied sequence of public decisions has any efficiency implications is the subject of this paper. We resort to a setting which contrary to most of the literature does not exhibit...

Persistent link: https://www.econbiz.de/10013316943

Fiscal Externalities in Multilevel Tax Structures : Evidence from Concurrent Income Taxation

Revelli, Federico; Tsai, Tsung-Sheng; Zotti, Roberto - 2021

-tier (horizontal) and between-tiers (vertical and diagonal) fiscal externalities. Estimation of an unrestricted income tax reaction …

Persistent link: https://www.econbiz.de/10013213781

Revisiting the 'Decentralization Theorem' - On the Role of Externalities

Koethenbuerger, Marko - 2021

The Decentralization Theorem (Oates, 1972) is central to the discussion of fiscal federalism. We revisit the role of consumption spillovers in evaluating the merits of (de)centralization. Unlike the general prediction, a higher degree of spillovers may reduce the difference in utility of...

Persistent link: https://www.econbiz.de/10013316807

Fiscal Equalization as a Driver of Tax Increases : Empirical Evidence from Germany

Büttner, Thiess - 2018

This paper exploits a recent devolution of tax setting powers in the German federation to study the effects of fiscal equalization on subnational governments’ tax policy. Based on an analysis of the system of fiscal equalization transfers, we argue that the redistribution of revenues provides...

Persistent link: https://www.econbiz.de/10012908652

Kant-Nash Tax Competition

Eichner, Thomas - 2019

In a two-country economy we analyze how tax competition differs from the standard all-Nashian tax competition, if one or both countries are Kantians in Roemer’s sense. Kantians are shown to choose a higher tax rate than Nashians for any given tax rate of the other country, which indicates that...

Persistent link: https://www.econbiz.de/10012889230

Dynamic Fiscal Competition : A Political Economy Theory

Arcalean, Calin - 2019

I develop a political economy theory of dynamic fiscal competition via public spending and debt. With internationally … mobile capital, strategic policies generate two cross-border externalities that voters in each country fail to internalize … crowds out capital. The relative size of these two externalities varies with the number of financially integrated countries …

Persistent link: https://www.econbiz.de/10012891564

The Better Route to Global Tax Coordination : Gradualism or Multilateralism?

Konrad, Kai A. - 2019

In the context of international tax coordination incomplete information is one of the well-known frictions that can lead to bargaining failure and might explain a lack of observed coordination. We consider international negotiations about tax coordination under complete and incomplete...

Persistent link: https://www.econbiz.de/10012892184

Preferential Tax Regimes with Asymmetric Countries

Bucovetsky, Sam - 2006

Current policy initiatives taken by the EU and the OECD aim at abolishing preferential corporate tax regimes. This note extends Keen's (2001) analysis of symmetric capital tax competition under preferential (or discriminatory) and non-discriminatory tax regimes to allow for countries of...

Persistent link: https://www.econbiz.de/10012778991

Royalty Taxation Under Tax Competition and Profit Shifting

Juranek, Steffen - 2018

The increasing use of intellectual property as a means to shift profits to low-tax jurisdictions or jurisdictions with so-called ‘patent boxes’ is a major challenge for the corporate tax base of medium- and high-tax countries. Extending a standard tax competition model for capital-enhancing...

Persistent link: https://www.econbiz.de/10012908675

Tax Competition with Two Tax Instruments - and Tax Evasion

Becker, Johannes; Wilson, John D. - 2021

We consider a world in which countries apply optimal taxes on mobile capital and savings (like in Bucovetsky and Wilson, 1991). Firms and savers may underreport income in order to avoid or evade taxation. We show that, even in the presence of underreporting, the equilibrium under tax competition...

Persistent link: https://www.econbiz.de/10013211117

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