Fève, P.; Matheron, J.; Sahuc, J-G. - Banque de France - 2009
The quantitative and dynamic consequence of a social VAT reform, i.e. a fiscal reform consisting in substituting VAT … implementing the social VAT. In all cases, the fiscal reform turns out to generate a small, positive long--run effect on aggregate … reform is pre--announced six quarters prior to implementation. The effect of such a pre-announced reform are smaller when …