Vasilev, Aleksandar - 2016
evasion channel. In addition, the government is taxing all income at the same rate. The focus of the paper to compare and … policy on the size of VAT evasion. To this end, a Real-Business-Cycle model, calibrated to Bulgarian data (1999-2014), is … as a source of tax revenue, and the prevalence of VAT evasion. The main findings from the computational experiments …