Download or read book En Econometric Method for Estimating the Tax Elasticity and the Imopact on Revenues of Discretionary Tax Measures written by Jaber Ehdaie and published by World Bank Publications. This book was released on 1990 with total page 97 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Built in Tax Elasticity and Revenue Impact of Discretionary Tax Measures written by Jaber Ehdaie and published by . This book was released on 1989 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Elasticity of Taxable Income written by Creedy, John and published by Edward Elgar Publishing. This book was released on 2022-04-21 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: This timely book analyses the elasticity of taxable income, a central concept in public finance with a rapidly growing wealth of literature. Combining original empirical research with rigorous theoretical modelling of tax revenue and optimal tax policy, this innovative study examines the complexities and new methods of estimating the elasticity of taxable income.
Download or read book A Deep Dive Into Tax Buoyancy Comparing Estimation Techniques in a Large Heterogeneous Panel written by Antoine Cornevin and published by International Monetary Fund. This book was released on 2023-03-17 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper provides new empirical evidence on tax buoyancy (tax revenues responsiveness to changes in economic activity) over the period 1990-2020 using a large panel of 185 countries. This study compares short-term and long-term buoyancy coefficients for total tax revenues and different individual taxes by reviewing and contrasting a range of estimators. Our results broadly confirm the main body of the literature on long-term buoyancy hovering around one. We find evidence of lower estimates for short-term buoyancy relative to previous literature, suggesting a limited automatic stabilization power of taxes. As a robustness exercise, in addition to changes in tax rates, we introduce novel control variables for tax exemptions and bases to disentangle discretionary from automatic tax revenue changes. The marginal changes in the results when controlling for policy actions suggest that, on average, the economic cycle does not necessarily influence tax reforms.
Download or read book Discretionary Tax Measures written by Savina Princen and published by . This book was released on 2013 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This paper provides evidence on the size, composition and cyclicality of discretionary tax measures (DTM), using a new database developed by the Output Gap Working Group. While their average magnitude is fairly limited over a long period with discretionary tax cuts being offset by discretionary tax hikes, they can be non-negligible at any given point in time. The cyclical pattern of DTM appears irregular and depends on the policy regime. While small pro-cyclical discretionary tax cuts were seen during the pre-crisis period, larger counter-cyclical tax breaks were adopted at the start of the crisis period, followed by pro-cyclical tax hikes in a context of substantial public finance consolidation. The paper also examines the impact of DTM on tax elasticities in the EU for broad tax categories over the period 2001-12: DTM do not seem to explain the bulk of the large short-term fluctuation in gross elasticities of tax receipts to GDP. The availability of DTM also allows for an analytical illustrative exercise, computing variants of the cyclically adjusted balance (CAB) based on time-varying elasticities (net of discretionary measures) instead of on constant elasticities. However, the indicators turn out to be extremely erratic and plagued by statistical 'noise', which makes them difficult to interpret in practice. The fact that elasticities change sign frequently and that their strong movements offset each other over a number of years also suggests that the short-term variations may largely be driven by time lags between revenue collection and revenue bases. Therefore, the CAB variants cannot be seen as an adequate solution for addressing the issues faced by the CAB."--Document home page.
Download or read book Projecting Mortality for All Countries written by and published by World Bank Publications. This book was released on 1989 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: New procedures for projecting mortality in each country modestly change previous mortality projections.
Download or read book Macroeconomic Adjustment and the Labor Market in Four Latin American Countries written by and published by World Bank Publications. This book was released on with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book An Option pricing Approach to Secondary Market Debt written by Stijn Claessens and published by World Bank Publications. This book was released on 1990 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt: This pricing model for secondary market debt is designed to assess the impact of debt reduction on the value of remaining claims and the market value of different types of guarantees.
Download or read book Financial Programming and Policy written by S. Rajcoomar and published by International Monetary Fund. This book was released on 1996-05-26 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book, by a staff team in the IMF Institute, contains a series of workshops that introduce the process of formulating a hypothetical macroeconomic and structural adjustment program, which is a central element in the financial programming courses offered by the IMF Institute. In addition to elaborating key concepts for the four major sectoral accounts, the workshops are designed to allow the development of a step by step reference scenario for Sri Lanka.
Download or read book Making Noisy Data Sing written by James R. Tybout and published by World Bank Publications. This book was released on with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Prudential Regulation and Banking Supervision written by Vincent P. Polizatto and published by World Bank Publications. This book was released on 1990 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: To establish an effective program of banking supervision and prudential regulation, the public policy role of bank supervision must be clearly defined and understood and actions taken along several parallel tracks to strengthen the bank supervisory process, the legal framework, accounting and auditing, and the institutions themselves.
Download or read book African Journal of Economic Policy written by and published by . This book was released on 2002 with total page 134 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book India written by International Monetary Fund and published by International Monetary Fund. This book was released on 1998-11-04 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Selected Issues paper on India reviews the revenue impact of tax reforms implemented by the central government since 1991. The paper highlights that since 1991, tax reforms have been an integral part of economic reforms in India. Following a blueprint laid out by a Tax Reforms Committee, the system of central government taxation has been streamlined as rates have been reduced and rationalized, while some base-broadening measures were implemented and new tax categories have been introduced. The paper also examines the issues related to foreign exchange markets.
Download or read book Asian Economic Journal written by and published by . This book was released on 1994 with total page 694 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Indian Journal of Economics written by and published by . This book was released on 2013 with total page 780 pages. Available in PDF, EPUB and Kindle. Book excerpt: Vol. 2-33 include Papers read at the annual conference of the Indian Economic Association.
Download or read book Voluntary Export Restraints and Resource Allocation in Exporting Countries written by Jaime De Melo and published by World Bank Publications. This book was released on 1990 with total page 45 pages. Available in PDF, EPUB and Kindle. Book excerpt: By reducing the marginal revenue of the factors of production , a voluntary export restraint (VER) causes an exporting country's industry to contract. Efficiency losses depend on whether sales can be diverted from restricted to unrestricted markets. A VER is likely to produce a welfare loss if demand is relatively elastic and supply is not.
Download or read book World Bank Research Program written by World Bank and published by . This book was released on 1992 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt:
