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Making the Banking Sector More Resilient and Reducing Household Debt in the Netherlands

Kierzenkowski, Rafał; Havrylchyk, Olena; Beynet, Pierre - Economics Department, Organisation de Coopération et … - 2014

-performing loans across banks. Higher capital buffers would bolster financial stability and help ensure access to market funding while …

Persistent link: https://www.econbiz.de/10011276851

The State of the Banking Sector in Europe

Schoenmaker, Dirk; Peek, Toon - Economics Department, Organisation de Coopération et … - 2014

capital position of the European banking system, using November 2013 stock market data. In the basic scenario to restore … capital to a market based leverage ratio of 3%, EUR 84 billion of extra capital would be needed for the largest 60 banks …

Persistent link: https://www.econbiz.de/10011277028

The Rates and Revenue of Bank Transaction Taxes

Baca-Campodónico, Jorge - 2006

This paper provides cross-country empirical evidence on the productivity of bank transaction taxes (BTTs). Our data set comprises six Latin American countries that have levied BTTs since the late 1980s: Argentina, Brazil, Colombia, Ecuador, Peru and Venezuela. We find that, for a given tax rate,...

Persistent link: https://www.econbiz.de/10012445216

The Tax System in Japan : A Need for Comprehensive Reform

Dalsgaard, Thomas - 2000

The Japanese tax system applies relatively low marginal tax rates on most economic activities which, in combination with moderate tax elasticities of the bases, indicate that the overall distortion from the tax system (the excess burden) is probably modest compared with other OECD countries....

Persistent link: https://www.econbiz.de/10012446303

Making the Tax System Less Distortive in Switzerland

Fuentes, Andrés - Economics Department, Organisation de Coopération et … - 2013

contributions towards the health and pension systems which are managed by private institutions. Taxation of personal income and … labour earnings is relatively high, whereas the taxation of consumption is low. Empirical research on OECD economies and on … Switzerland specifically indicates that shifting taxation away from personal income towards the taxation of consumption would …

Persistent link: https://www.econbiz.de/10011273965

The Efficiency and Equity of the Tax and Transfer System in France

Égert, Balázs - Economics Department, Organisation de Coopération et … - 2013

offers. Greater neutrality both across different capital asset classes but also within specific taxes, and shifting taxes … from labour and capital inputs to environmental and property taxes would improve economic outcomes. Likewise, the system of …

Persistent link: https://www.econbiz.de/10011274980

Non-Keynesian Effects of Fiscal Consolidation: An Analysis with an Estimated DSGE Model for the Hungarian Economy

Benk, Szilárd; Jakab, Zoltán M. - Economics Department, Organisation de Coopération et … - 2012

Using an estimated DSGE model for Hungary, the paper identifies the possible non-Keynesian channels through which a fiscal consolidation may manifest as expansionary. Simulations show that fiscal consolidation policies are typically contractionary. Nevertheless, taking into account some specific...

Persistent link: https://www.econbiz.de/10011276878

Ensuring Debt Sustainability Amid Strong Economic Uncertainty in Hungary

Beynet, Pierre; Kierzenkowski, Rafal - Economics Department, Organisation de Coopération et … - 2012

Despite a deep recession in 2009 and weak growth in subsequent years, Hungary’s fiscal position compares favourably with many other OECD countries. Nonetheless, the underlying fiscal balance started deteriorating in 2010 and 2011. Recognising this, Hungary’s government launched an ambitious...

Persistent link: https://www.econbiz.de/10011276894

Making Economic Growth more Socially Inclusive in Germany

Kappeler, Andreas; Hutfilter, Andrés Fuentes - Economics Department, Organisation de Coopération et … - 2014

While past labour market reforms have been successful in terms of employment, the relative poverty risk and income inequality have remained broadly unchanged in recent years. Some social groups remain particularly vulnerable, including individuals in non-regular employment, the unemployed and...

Persistent link: https://www.econbiz.de/10011276897

Tax Reform in Norway: A Focus on Capital Taxation

Denk, Oliver - Economics Department, Organisation de Coopération et … - 2012

undermining economic performance and while paying attention to environmental externalities. It treats capital and labour income in … different ways: capital income is taxed at a single low rate, while labour income is taxed at progressive rates. However … be broadened. Overall, the reform package recommended in this paper would improve the allocation of capital and increase …

Persistent link: https://www.econbiz.de/10011276913