The paper explores the differences between IRAP (the Regional Tax on Productive Activities) and CBIT (the Comprehensive Business Income Tax), which approximately corresponds to allow the deduction of labor cost from the taxable base of IRAP. By developing a DSGE model that ncorporates business...

LSD is one of many programming languages designed to develop agent-based models. LSD implements time-driven models expressed in formats equivalent to discrete systems of equations, where each equation computes the value of a generic instance of a variable at a generic time step. LSD models are...