全球智库信息集成服务系统(G2TT): 'Fiscal Devaluation' and Fiscal Consolidation: The VAT in Troubled Times

G2TT

来源类型	Working Paper
规范类型	报告
DOI	10.3386/w17913
来源ID	Working Paper 17913
	'Fiscal Devaluation' and Fiscal Consolidation: The VAT in Troubled Times
	Ruud de Mooij; Michael Keen
发表日期	2012-03-15
出版年	2012
语种	英语
摘要	This paper focuses on two core tax design issues that arise in addressing current fiscal challenges It first explores the idea, prominent in troubled Eurozone countries, of a 'fiscal devaluation:' shifting from social contributions to the VAT as a way to mimic a nominal devaluation. Empirical evidence is presented which suggests that in Eurozone countries this may indeed improve the trade balance quite sizably in the short-run, though, as theory predicts, the effects eventually disappear. The paper then assesses the wider scope for VAT reform in meeting fiscal consolidation needs, developing and beginning to apply a methodology for finding additional VAT revenue in ways less distortionary and fairer than further raising the standard rate.
主题	International Economics ; International Finance ; Public Economics ; Taxation
URL	https://www.nber.org/papers/w17913
来源智库	National Bureau of Economic Research (United States)
引用统计
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/575589
推荐引用方式 GB/T 7714	Ruud de Mooij,Michael Keen. 'Fiscal Devaluation' and Fiscal Consolidation: The VAT in Troubled Times. 2012.