Dynamic scoring of tax reforms in the European Union


Barrios, Salavdor ; Dolls, Mathias ; Maftei, Anamaria ; Peichl, Andreas ; Riscardo, Sara ; Varga, Janos ; Wittneben, Christian


[img]
Preview
PDF
dp17017.pdf - Published

Download (1MB)

URL: https://ub-madoc.bib.uni-mannheim.de/42569
URN: urn:nbn:de:bsz:180-madoc-425690
Document Type: Working paper
Year of publication: 2017
The title of a journal, publication series: ZEW Discussion Papers
Volume: 17-017
Place of publication: Mannheim
Publication language: English
Institution: Sonstige Einrichtungen > ZEW - Leibniz-Zentrum für Europäische Wirtschaftsforschung
MADOC publication series: Veröffentlichungen des ZEW (Leibniz-Zentrum für Europäische Wirtschaftsforschung) > ZEW Discussion Papers
Subject: 330 Economics
Abstract: In this paper, we present the first dynamic scoring exercise linking a multicountry microsimulation and DSGE models for all countries of the European Union. We illustrate our novel methodology analysing a hypothetical tax reform for Belgium. We then evaluate real tax reforms in Italy and Poland. Our approach takes into account the feedback effects resulting from adjustments in the labor market and the economywide reaction to the tax policy changes. Our results suggest that accounting for the behavioral reaction and macroeconomic feedback to tax policy changes enriches the tax reforms' analysis, by increasing the accuracy of the direct fiscal and distributional impact assessment provided by the microsimulation model for the tax reforms considered. Our results are in line with previous dynamic scoring exercises, showing that most tax reforms entail relatively smaller feedback effects in terms of the labor tax revenues for tax cuts benefiting workers, compared with the ones granted to firms.

Das Dokument wird vom Publikationsserver der Universitätsbibliothek Mannheim bereitgestellt.




+ Citation Example and Export

Barrios, Salavdor ; Dolls, Mathias ; Maftei, Anamaria ; Peichl, Andreas ; Riscardo, Sara ; Varga, Janos ; Wittneben, Christian (2017) Dynamic scoring of tax reforms in the European Union. Open Access ZEW Discussion Papers Mannheim 17-017 [Working paper]
[img]
Preview


+ Search Authors in

+ Download Statistics

Downloads per month over past year

View more statistics



You have found an error? Please let us know about your desired correction here: E-Mail


Actions (login required)

Show item Show item