A partly heuristic attempt at exploring long-run policies aimed at a second-best compromis between ex ante risk-sharing efficiency and ex post productive efficiency. Wage subsidies for low-skilled workers financed vy taxes on high wages are advocated, together with imposed risk sharing between...

The present study uses a computable general equilibrium model to analyse and compare the impact of the fiscal reform proposed in the central African customs and economic union, within the framework of trade liberalization, on the economic performances and welfare of the population of Cameroon...

In this paper, we analyze government budget balance within a simple model of endogenous growth. For the AK model, simple analytical conditions for a tax cut to be self-financing can be derived. The critical variable is not the tax rate per se, but the transfer-adjusted tax rate. We discuss some...

Many analysts expect the aging population to lead to a reduction in the growth of living standards. Income inequality – a problem that has been accentuated by the payroll tax hikes that were necessary to fund the public pension as the population ages – is becoming an increasing challenge at...

AGEFIS (Applied General Equilibrium model for FIScal Policy Analysis) is a Computable General Equilibrium (CGE) model designed specifically, but not limited, to analyze various aspects of fiscal policies in Indonesia. It is yet, the first Indonesian fully-SAM-based CGE model solved by Gempack....