By how much will faster economic growth boost government revenue? This paper estimates short- and long-run tax buoyancy … in OECD countries between 1965 and 2012. We find that, for aggregate tax revenues, short-run tax buoyancy does not … significantly differ from one in the majority of countries; yet, it has increased since the late 1980s so that tax systems have …

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 …

This paper assesses the macroeconomic and distributional impact of personal income tax (PIT) reforms in the U … marginal tax rates; (ii) PIT cuts do 'trickle-down' the income distribution: tax cuts stimulate demand for non …-tradable services which raise the wages and employment prospects of low-skilled workers even if the tax cut is not directly incident on …

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 …

, particularly as regards sales and the value-added tax (VAT) payable on sales. The introduction of EFDs typically requires … measures to mitigate these risks. EFDs should not be construed as the “silver bullet” for improving tax compliance: as with any …

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 …

In this paper we provide short- and long-run tax buoyancy estimates for 107 countries (distributed between advanced … that: i) for advanced economies both long-run and short-run buoyancies are not different from one; ii) long run tax …

-up scenarios, analyzing how improving the efficiency of capital spending and of tax revenue collection affect growth and debt …

inflation levels exhibited during 2003-08, with focused attention to increasing efficiency and compliance in tax revenue … collection. Higher tax revenues can facilitate increases in public investment, which then crowd in private investment. The task …

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. …