Showing 1 - 10 of 227
We show that the effectiveness of redistribution policy in stimulating the economy and improving welfare is directly … regime counteract the deflationary forces during the recession. Moreover, redistribution produces a Pareto improvement under …
Persistent link: https://www.econbiz.de/10012388237
In this paper, we investigate the effects of housing-related tax policy measures on macroeconomic aggregates using a …-occupied housing. Using our model, we analyze the effects of changes in housing-related tax policy measures on the level of output, tax … revenue and household debt, along with other macroeconomic aggregates. The tax policies we consider are (i) increasing …
Persistent link: https://www.econbiz.de/10009789532
growth enhancing tax and expenditure reform. We quantitatively illustrate that this reform based strategy, by … yet avoids increasing tax rates. With slow consolidation, marginal tax rates are reduced right from the beginning. …
Persistent link: https://www.econbiz.de/10012796971
The present study provides estimates of the Effective Marginal Tax Rates (EMTRs) for a sample of 17 OECD countries and …-country/cross-sector approach allows us comparing the incentives provided by the tax systems and gauging the effects of tax changes taking … explicitly into account the possible substitution between factors as well as their tax incidence. Our results suggest that the …
Persistent link: https://www.econbiz.de/10010418228
This paper investigates the factors that shape governments’ capacity to collect revenue. To do so, it analyses how tax … revenue responds to tax rates using evidence from a panel of 34 OECD countries over 1978-2014. The estimations show that the … response of revenue to rates weakens as rates become higher, confirming the existence of a hump-shaped relationship between tax …
Persistent link: https://www.econbiz.de/10011732704
-level approach. We combine a microsimulation model with labour market transition techniques to simulate the COVID-19 shock on the …
Persistent link: https://www.econbiz.de/10012513311
We present new evidence showing that fiscal austerity strengthens support for redistribution, especially for the … relatively well-off. Our theoretical model proposes two mechanisms to explain this heterogeneity in support for redistribution …
Persistent link: https://www.econbiz.de/10012668262
This paper analyses the importance of fiscal mechanisms for regional risk sharing and redistribution in Switzerland …
Persistent link: https://www.econbiz.de/10011795017
We forecast New York state tax revenues with a mixed-frequency model using a number of machine learning techniques. We …
Persistent link: https://www.econbiz.de/10012649777
the earlier 2005 study using the most recent datasets and tax codes, the coverage being confined in this paper to 35 …, except for the elasticities of corporate income tax revenue which are revised up in most cases. …
Persistent link: https://www.econbiz.de/10011576962