Janský, Petr - In: Czech Journal of Economics and Finance (Finance a uver) 64 (2014) 3, pp. 246-273
The value added tax (VAT) rates have recently changed in the Czech Republic, and in this paper I simulate the impact of these reforms. They are an example of changes in indirect taxes that change the prices of goods and services, to which households can respond by adjusting their expenditures. I...