The extent of tax compliance has important implications for revenue yield, efficiency and the fairness of any tax system. Tax evasion undermines revenue collection, distorts competition, and undermines a country's development prospects. In this paper, we investigate whether higher productivity...

This paper considers the implications of complementarity in private production and constraints on government for optimal fiscal policy. Using an endogenous growth model with public finance, it derives three central results which modify findings in the literature under standard assumptions....

This paper reviews the existing evidence on the effects of tax reforms on output levels and growth over the short and long run from different strands of the literature. It develops and applies criteria to evaluate the usefulness of ex-post estimates to predict the effects of tax reforms ex-ante....

This paper evaluates the trade-off between growth and welfare maximization from two perspectives. Firstly, it synthesizes and extends endogenous growth models with public finance to compare growth and welfare maximizing tax rates. Secondly, it examines the distinct model outcomes in terms of...

Während Befürworter argumentieren, dass Steuersenkungen zu mehr Wachstum und Beschäftigung und somit - trotz niedrigerer Steuersätze - zu höheren Steuereinnahmen führen, verweisen Gegner auf die angespannte Haushaltssituation. Um verschiedene Pläne für Steuerreformen besser evaluieren zu...

Seit der globalen Finanz- und Wirtschaftskrise wird die Frage, ob Regierungen antizyklische Fiskalpolitik betreiben sollten, in akademischen Kreisen wieder vermehrt diskutiert. Eine vielfach benutzte Maßnahme sind temporäre schuldenfinanzierte Konsumsteuersenkungen.

The paper investigates the effects of temporary consumption tax cuts using firm-level data. As part of its countercyclical measures implemented during the recent global economic crisis, Tur-key temporarily lowered consumption taxes on selected durables. Our empirical strategy ex-ploits variation...

This paper considers the implications of complementarity in private production and constraints on government for optimal fiscal policy. Using an endogenous growth model with public finance, it derives three central results which modify findings in the literature under standard assumptions....

This paper considers the effects of inaccurate real-time output data on fiscal policy, both with respect to budgetary planning and fiscal surveillance. As newer and better information becomes available, output data available in real time get revised and are likely to conflict with final figures...