Showing 1 - 10 of 69
Tax reforms are crucial to promoting inclusive growth in India. The replacement of a myriad of consumption taxes by a … Goods and Services Tax (GST) will boost India's competitiveness, investment, job creation and tax compliance. The potential … productivity by reducing distortions in the allocation of resources which emanate from the corporate income tax; iv) boost job …
Persistent link: https://www.econbiz.de/10011700368
calls for corrective tax increases for the rich and wealthy. Such calls are often confronted with the claim that higher … taxes on top personal incomes, corporate income and wealth are detrimental to growth and employment and/or will foster tax … taxation. Furthermore, from a Keynesian macroeconomic perspective redistribution may even be systematically conducive to growth …
Persistent link: https://www.econbiz.de/10010519198
The sharp rise in debt experienced by most OECD countries raises questions about the prudent debt level countries should target. It also raises questions about the fiscal frameworks needed to reach them and to accommodate cyclical fluctuations along the path towards a prudent debt target. The...
Persistent link: https://www.econbiz.de/10011399529
We simulate the Euro Area's fiscal consolidation between 2011 and 2013 by employing two DSGE models used by the ECB and the European Commission, respectively. The cumulative multiplier amounts to 0.7 and 1.0 in the baseline, but increases to 1.3 with a reasonably calibrated financial accelerator...
Persistent link: https://www.econbiz.de/10011311671
Fiscal policy is central to not only macroeconomic stability and growth, but also to poverty and inequality reduction. This paper provides the most comprehensive assessment of the distributional incidence of Turkey's fiscal policy to date. It analyzes the combined and individual incidence of...
Persistent link: https://www.econbiz.de/10012257124
This study assesses the redistributive effects of fiscal policy in Mali and Niger. Fiscal policy is poverty increasing in Mali (by 2.4 percentage points) and Niger (2.5 percentage points). This is a result of primarily two factors: indirect taxes (value-added taxes and import duties) and direct...
Persistent link: https://www.econbiz.de/10012051946
a way that minimises deadweight costs and distortions weighing on growth and employment. Reducing further the tax wedge …
Persistent link: https://www.econbiz.de/10011914174
the experience of 34 OECD countries over 1980-2014 to assess the effects of changes in the tax structure on the long … while keeping government size constant typically lift long-term output per capita when they involve cuts in the labour tax …-income effects of revenue-neutral reductions in labour tax wedges are broadly in line with intuition: the relative position of those …
Persistent link: https://www.econbiz.de/10011823664
"An AIDS epidemic threatens Ethiopia with a long wave of premature adult mortality, and thus with an enduring setback … possible in view of Ethiopia's poverty and high background adult mortality, it does cause a permanent, downward displacement of …
Persistent link: https://www.econbiz.de/10003833419
The Broad Economic Policy Guidelines contain the answers of the European Commission and the governments of the EU-member countries to the European growth and employment problems. These guidelines have been the major EU-economic policy concept for around ten years now. They can be seen as a...
Persistent link: https://www.econbiz.de/10003744521