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How buoyant is the tax system? : new evidence from a large heterogeneous panel

Dudine, Paolo; Jalles, João Tovar - 2017

In this paper we provide short- and long-run tax buoyancy estimates for 107 countries (distributed between advanced, emerging and low-income) for the period 1980-2014. By means of Fully-Modified OLS and (Pooled) Mean Group estimators, we find that: i) for advanced economies both long-run and...

Persistent link: https://www.econbiz.de/10011716400

The long-run decoupling of emissions and output : evidence from the largest emitters

Cohen, Gail; Jalles, João Tovar; Loungani, Prakash; … - 2018

For the world's 20 largest emitters, we use a simple trend/cycle decomposition to provide evidence of decoupling between greenhouse gas emissions and output in richer nations, particularly in European countries, but not yet in emerging markets. If consumption-based emissions-measures that...

Persistent link: https://www.econbiz.de/10011848132

Fiscal stabilization and growth : evidence from industry-level data for advanced and developing economies

Choi, Sangyup; Furceri, Davide; Jalles, João Tovar - 2017

Medium-term growth can be enhanced by fiscal stabilization. However, to date, no systematic effort has been made to … study the specific channels through which fiscal stabilization affects growth. This paper examines the effect of fiscal … stabilization on industrial growth and how this effect depends on different technological characteristics. It does so by applying a …

Persistent link: https://www.econbiz.de/10011799660

Emissions and growth : trends and cycles in a globalized world

Cohen, Gail; Jalles, João Tovar; Loungani, Prakash; … - 2017

Recent discussions of the extent of decoupling between greenhouse gas (GHG) emissions and real gross domestic product (GDP) provide mixed evidence and have generated much debate. We show that to get a clear picture of decoupling it is important to distinguish cycles from trends: there is an...

Persistent link: https://www.econbiz.de/10011799677