We develop a behavioural micro simulation model (LuxTaxBen) that contains very precise information on income tax rules … model has been built specifically for analysing the Luxembourgish tax-transfer system whereby one can generate disposable … conditional on labour supply while income tax rules and the various welfare benefit-levels are complicated functions of earned and …

-financed. -- Micro simulation ; tax-benefit system ; in-work tax credit reform …The purpose of SWEtaxben is to evaluate the impact of changes in the tax/benefit systems on households as well as the … central governmental budget. Relating to the micro simulation literature this model can be labeled a static micro simulation …

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 …

expectations, while an increase in personal income tax shocks is inflationary for mediumrun. A surprise increase in gasoline prices …

-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 …