We analyze possible reforms to the Bulgarian VAT system, evaluating revenue-neutral reallocations of goods to tax bands within the existing 2-rate structure. We investigate the sensitivity of the results to behavioural response and imperfect tax recovery. We find only a weak case for the use of...

This paper empirically investigates the labor market effects of China's 2007 VAT reform, which significantly reduced the tax cost of capital investment. Employing city-by-year variation in the reform, we demonstrate that the tax cuts increased the earnings of skilled workers and left the...

With the origin of COVID-19 in December, 2019 from China, the novel corona virus gradually reached all the countries of the world and has caused severe loss of human lives and damage to the economy of the country. The global economy has been shattered during this pandemic time. India is no...