Aizenman, Joshua; Jinjarak, Yothin; Hien Nguyen; Park, … - 2021
increase in direct taxes (especially corporate taxes) and a decline in social contributions, and preceded a decline in other … direct taxes and an increase in wage bills. (iv) Fiscal adjustments followed a decline in other direct taxes and social … these findings, domestic resource mobilization should consider the time paths of the taxes and expenditure components to …