article describes which data sources are used for the simulation, how key features of the German tax and transfer system are …This article describes ZEW-EviSTA®, the microsimulation model developed and used at ZEW - Centre for European Economic … Research in Mannheim. The model simulates the German tax and transfer system using household micro level data. By estimating …

By how much will faster economic growth boost government revenue? This paper estimates short- and long-run tax buoyancy … in OECD countries between 1965 and 2012. We find that, for aggregate tax revenues, short-run tax buoyancy does not … significantly differ from one in the majority of countries; yet, it has increased since the late 1980s so that tax systems have …

This paper assesses the macroeconomic and distributional impact of personal income tax (PIT) reforms in the U … marginal tax rates; (ii) PIT cuts do 'trickle-down' the income distribution: tax cuts stimulate demand for non …-tradable services which raise the wages and employment prospects of low-skilled workers even if the tax cut is not directly incident on …

Using the post-WWII data of U.S. federal corporate income tax changes, within a Smooth Transition VAR, this paper finds … that the output effect of capital income tax cuts is government debt-dependent: it is less expansionary when debt is high … than when it is low. To explore the mechanisms that can drive this fiscal state-dependent tax effect, the paper uses a DSGE …

The paper analyzes the wage-employment effects of replacing unemployment benefits by negative income taxes. It first … surveys the major equity and efficiency effects of unemployment benefits versus negative income taxes, and summarizes the … that focuses on the relative wage-employment effects of unemployment benefits versus negative income taxes. Finally, it …

expectations, while an increase in personal income tax shocks is inflationary for mediumrun. A surprise increase in gasoline prices …

-binding investment credit limit. Permanent dividend tax reforms distort capital investment decisions in the binding long-run equilibrium …, but are neutral otherwise. Temporary unexpected tax cuts stimulate shortterm real activity in the credit … borrowing position before enacting tax reforms. Finally, permanently lower dividend taxes dampen financial business cycles, and …

This paper examines the macroeconomic effects of tax changes during fiscal consolidations. Webuild a new narrative … dataset of tax changes during fiscal consolidation years, containing detailed information on the expected revenue impact …, motivation, and announcement and implementation dates of nearly 2,500 tax measures across 10 OECD countries. We analyze the …

We examine electoral cycles in tax reforms using monthly data over the period of 1990-2018 for 22 advanced economies … and emerging markets. We show that governments tend to avoid announcing tax reforms during the months running up to … in tax base and rate, and for various types of taxes. We also find that the pre-election decrease in the likelihood of …