react. Using tax policies as a leading example of foresight, simple theory makes transparent the economic behavior and …

can help address these challenges. On the tax side, the analysis focuses on increasing consumption taxes on goods with … negative consumption externalities. On the spending side, some of the additional revenues from the tax reform are allocated to …

This paper extends the effective average tax rate (EATR) developed in Devereux and Griffith (2003) by relaxing the … small change, it has important implications. First, it allows the EATR to be calculated in the presence of tax holidays …, which are an important part of tax systems, especially in developing countries. Second, it reveals an interesting feature of …

taxation of the international goods trade as well. This paper presents some evidence on the tax rates and tax revenues implicit …

This paper explores how the tax treatment of investment and savings affects international capital flows as well as … internationalization of financial markets calls for a careful study of the international implications of domestic tax policies …

react. Using tax policies as a leading example of foresight, simple theory makes transparent the economic behavior and … tax changes hinge critically on hypothesized information flows. Different methods for extracting or hypothesizing the …

periods. These changes are too large and too sudden to attribute fully to a deterioration in tax administration or to changes … in the traditional determinants of tax levels. The paper argues that they should be attributed mostly to macroeconomic … policies. The paper discusses the connection between tax levels and (a) the real value of the official exchange rate, (b …

to have relatively high effective tax rates on equity-financed investment. The analysis suggests that both countries … would benefit from streamlining capital cost recovery allowances and possibly lowering statutory corporate tax rates …—as permitted by the revenue constraint—rather than providing tax preferences for foreign investors …

relevance of the tax-push hypothesis for wage formation in nine Western European countries. Two factors—the compensation and the … progressivity effects—are shown by the model to account for the effect (if any) of tax rates on wage formation. A wage equation … effects, while in larger economies direct, indirect and social security tax rates are transferred onto the real labor cost …