Tax: Publications & Documents:Working Papers

Tax

Back to

Fiscal policy responsiveness, persistence, and discretion

23-Dec-2008

António Afonso, Luca Agnello and Davide Furceri

In this working paper, we decompose fiscal policy in three components: i) responsiveness, ii) persistence and iii) discretion. Using a sample of 132 countries, our results point out that fiscal policy tends to be more persistent than responding to output variations.

How do taxes affect investment and productivity? - An industry-level analysis of OECD countries

English | View long abstract

18-Dec-2008

Laura Vartia

This paper analyses how different tax policies can affect investment and productivity. To address this question the paper uses industry-level data from a set of OECD countries and examines whether different industries are affected differently by taxation.

Strategies for countries with favourable fiscal positions

English | View long abstract

18-Dec-2008

Robert Price, Isabelle Joumard, Christophe André and Makoto Minegishi

The financial crisis and economic downturn are going to weigh on fiscal positions in OECD countries over the short to medium-term, both through the operation of automatic stabilisers and the enactment of discretionary fiscal stimulus packages.

Reforming the tax system in Japan to promote fiscal sustainability and economic growth

English | View long abstract

08-Dec-2008

Randall S. Jones and Masahiko Tsutsumi

Tax reform is an urgent priority, as Japan needs as much as 5% to 6% of GDP of additional government revenue just to stabilise public debt, which has risen to 180% of GDP.

Short-term distributional effects of structural reforms: selected simulations in a DGSE framework

English | View long abstract

29-Oct-2008

Annabelle Mourougane and Lukas Vogel

This paper examines the short-term distributional effects of a number of tax and labour market reforms in the euro area, drawing on simulations using a micro-founded dynamic general equilibrium model.

Speed of adjustment to selected labour market and tax reforms

English | View long abstract

29-Oct-2008

Annabelle Mourougane and Lukas Vogel

This paper examines the nature and the length of economic adjustments to selected structural reforms, drawing on a variety of approaches: descriptive analysis and simulations using Dynamic General Equilibrium and macro-economic neo-Keynesian models.

Do tax structures affect aggregate economic growth? Empirical evidence from a panel of OECD countries

English | View long abstract

14-Oct-2008

Jens Arnold

This paper examines the relationship between tax structures and economic growth by entering indicators of the tax structure into a set of panel growth regressions for 21 OECD countries, in which both the accumulation of physical and human capital are taken into account.

Accounting for one-off operations when assessing underlying fiscal positions

English | View long abstract

13-Oct-2008

Isabelle Joumard, Makoto Minegishi, Christophe André, Chantal Nicq and Robert Price

Frequent recourse to large one-off operations in a number of OECD countries has undermined the accuracy of cyclically adjusted fiscal balances as a measure of both the sustainability of public finance and the fiscal stance.

Do corporate taxes reduce productivity and investment at the firm level? Cross-country evidence from the Amadeus dataset

English | View long abstract

03-Oct-2008

Cyrille Schwellnus and Jens Arnold

This paper uses a stratified sample of firms across OECD economies over the period 1996-2004 to analyse the effects of corporate taxes on productivity and investment.

Improving the business and investment climate in Indonesia

English | View long abstract

23-Sep-2008

Diego Moccero

Indonesia’s business environment is discouraging entrepreneurship and holding back private sector growth and development. Weaknesses in the regulatory framework, infrastructure bottlenecks and poor governance continue to weigh down on investment.