The financial crisis that erupted during 2007 and intensified in 2008 and the ensuing economic recession led to a serious deterioration in the public finances of most advanced economies. That resulted in a sharp increase in the fiscal deficit and public debt in those countries, including...

In this paper we set up a two-stage theoretical model of consumers’ demand and municipalities’ pricing policy for residual municipal solid waste collection and processing. Local policy makers set the local residual municipal solid waste price in order to maximize welfare in the municipality...

: H21, H25, H26, H32, F21, H87

In 2013, the total tax burden in the euro area was almost back to the level prevailing at the beginning of the century. The financial and economic crisis had initially led to a reduction in the tax burden, but fiscal consolidation has generated a rise in revenue. However, there is no general...

Approximately 70% of Belgian consumer prices are to be considered as attractive prices, namely psychological prices, fractional prices - i.e. prices which are convenient to pay - and round prices. Conversion to these prices into euro generally leads to prices which are no longer attractive and...

We investigate the long run result of strategic interaction among local jurisdictions using multiple tax instruments. Most studies about local policy interaction only consider a single policy instrument. With multiple tax instruments, however, tax interaction is more complex. We construct a...