Hidden Economies and the Socially Optimal Fiscal-Tax to Liquidity-Tax Ratio

Differential tax analysis is used to show how the socially optimal fiscal-tax to liquidity-tax ratio changes with the relative size of the tax-evading hidden economy. The smaller the relative size of the hidden economy, the larger the optimal fiscal-tax to liquidity-tax ratio. The empirical cross-section and panel evidence supports this theoretical result.

MoreLess

Year of publication:	2007
Authors:	Ercolani, Marco G.
Published in:	Economics: The Open-Access, Open-Assessment E-Journal. - Kiel : Kiel Institute for the World Economy (IfW), ISSN 1864-6042. - Vol. 1.2007, 2007-6, p. 1-32
Publisher:	Kiel : Kiel Institute for the World Economy (IfW)
Subject:	Schattenwirtschaft \| Inflationssteuer \| Steuervermeidung \| Münzgewinn \| Optimale Besteuerung \| inflation tax \| hidden/shadow/underground economy \| seigniorage

freely available

Full text |

More access options

doi.org

Check Google Scholar

In libraries world-wide (WorldCat)

In German libraries (KVK)

subito order

I need help

More details

Type of publication:	Article
Type of publication (narrower categories):	Article
Language:	English
Other identifiers:	10.5018/economics-ejournal.ja.2007-6 [DOI] 534552773 [GVK] hdl:10419/18004 [Handle] RePEc:zbw:ifweej:5741 [RePEc]
Classification:	O17 - Formal and Informal Sectors; Shadow Economy; Institutional Arrangements ; H21 - Efficiency; Optimal Taxation ; E52 - Monetary Policy (Targets, Instruments, and Effects) ; E31 - Price Level; Inflation; Deflation
Source:	EconStor

Persistent link: https://www.econbiz.de/10010295289