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Political institutions, state building, and tax capacity : crossing the tipping point

Gaspar, Vítor; Jaramillo, Laura; Wingender, Philippe - 2016

this paper, we attempt via four case studies-Spain, China, Colombia, and Nigeria-to illustrate that the improvements in tax …

Persistent link: https://www.econbiz.de/10011716283

Tax capacity and growth : is there a tipping point?

Gaspar, Vítor; Jaramillo, Laura; Wingender, Philippe - 2016

Is there a minimum tax to GDP ratio associated with a significant acceleration in the process of growth and development? We give an empirical answer to this question by investigating the existence of a tipping point in tax-to-GDP levels. We use two separate databases: a novel contemporary...

Persistent link: https://www.econbiz.de/10011716284

Revisiting carbon leakage

Misch, Florian; Wingender, Philippe - 2021

This paper estimates the carbon leakage rate across countries, arguably a key parameter in the international climate policy discussion including on border carbon adjustment, but which remains subject to significant uncertainty. We propose innovations along two lines. First, we exploit recently...

Persistent link: https://www.econbiz.de/10012605494

Individual treatment effects of budget balance rules

Caselli, Francesca; Stoehlker, Daniel; Wingender, Philippe - 2020

This paper investigates the heterogenous effects of budget balance rules on fiscal policy in a large sample of countries. To derive country-specific treatment effects of fiscal rules and conduct inference, we use a Synthetic Difference-in-Differences Method. Our results indicate that countries...

Persistent link: https://www.econbiz.de/10012485989

Bunching at 3 percent : the Maastricht fiscal criterion and government deficits

Caselli, Francesca; Wingender, Philippe - 2018

This paper estimates the effects of the Maastricht treaty's fiscal criterion on EU countries' general government deficits. We combine treatment effects methods with bunching estimation, and find that the 3 percent deficit rule acts as a 'magnet', increasing the number of observations around the...

Persistent link: https://www.econbiz.de/10011905895

Are elasticities of taxable income rising?

Klemm, Alexander; Liu, Li; Mylonas, Victor; Wingender, … - 2018

This paper assesses a possible explanation for the global downward trend in top personal income tax rates over the last decades: globalization and the related tax evasion and avoidance opportunities could have raised elasticities of taxable income, which would imply lower optimal tax rates. The...

Persistent link: https://www.econbiz.de/10011878756

Climate mitigation in China : which policies are most effective?

Parry, Ian W. H.; Shang, Baoping; Wingender, Philippe; … - 2016

For the 2015 Paris Agreement on climate change, China pledged to reduce the carbon dioxide (CO2) intensity of GDP by 60 … level fiscal and regulatory policy options for reducing CO2 emissions in China in terms of their impacts on emissions …

Persistent link: https://www.econbiz.de/10011715095

Resolving China's corporate debt problem

Maliszewski, Wojciech; Arslanalp, Serkan; Caparusso, John; … - 2016

Corporate credit growth in China has been excessive in recent years. This credit boom is related to the large increase …

Persistent link: https://www.econbiz.de/10011715497

Inequality in China : trends, drivers and policy remedies

Jain Chandra, Sonali; Khor, Niny; Mano, Rui; Schauer, … - 2018

China has experienced rapid economic growth over the past two decades and is on the brink of eradicating poverty …. However, income inequality increased sharply from the early 1980s and rendered China among the most unequal countries in the … world. This trend has started to reverse as China has experienced a modest decline in inequality since 2008. This paper …

Persistent link: https://www.econbiz.de/10011866405

Intergovernmental fiscal reform in China

Wingender, Philippe - 2018

China is the most decentralized country in the world in terms of expenditures shares, with subnational governments …, but are crucial so that the government can support China's continued development and prosperity …

Persistent link: https://www.econbiz.de/10011848273