This paper examines the macroeconomic effects of tax changes during fiscal consolidations. Webuild a new narrative … dataset of tax changes during fiscal consolidation years, containing detailed information on the expected revenue impact …, motivation, and announcement and implementation dates of nearly 2,500 tax measures across 10 OECD countries. We analyze the …

Using the post-WWII data of U.S. federal corporate income tax changes, within a Smooth Transition VAR, this paper finds … that the output effect of capital income tax cuts is government debt-dependent: it is less expansionary when debt is high … than when it is low. To explore the mechanisms that can drive this fiscal state-dependent tax effect, the paper uses a DSGE …

-binding investment credit limit. Permanent dividend tax reforms distort capital investment decisions in the binding long-run equilibrium …, but are neutral otherwise. Temporary unexpected tax cuts stimulate shortterm real activity in the credit … borrowing position before enacting tax reforms. Finally, permanently lower dividend taxes dampen financial business cycles, and …

; wealth distribution ; microsimulation …

Since 2002 the German government seeks to stimulate private retirement savings by means of special allowances and tax …

rates. Our analysis is based on a microsimulation model that accounts for the interactions between wages, the tax … examine this assertion for Germany, a welfare state with a relative generous means-tested social minimum and high marginal tax … a large extent be offset by reductions in means-tested welfare transfers and high marginal tax rates. Taking into …

as well as increasing employment rates of recipients of social assistance. On the basis of a behavioral microsimulation … ; labor supply ; social safety system ; microsimulation …