In this paper, we investigate the effects of housing-related tax policy measures on macroeconomic aggregates using a …-occupied housing. Using our model, we analyze the effects of changes in housing-related tax policy measures on the level of output, tax … revenue and household debt, along with other macroeconomic aggregates. The tax policies we consider are (i) increasing …

discussion of fiscal redistribution within the standard social welfare framework, which lends itself to a transparent and … practical evaluation of the extent and determinants of fiscal redistribution. Differences in fiscal redistribution are … determine the factors explaining differences in their fiscal redistribution and to discuss patterns in fiscal redistribution …

income redistribution objectives. While the benefits of targeting are clear, id est, a larger poverty impact for a given … therefore depend on how countries decide to trade-off these costs and benefits as well as on the potential for redistribution … strengthening fiscal redistribution in advanced and developing countries, including through expanding transfer coverage and …

Tax reform is an urgent priority, as Japan needs as much as 5% to 6% of GDP of additional government revenue just to … stabilise public debt, which has risen to 180% of GDP. In addition to raising revenue, tax reform should promote economic growth …, address the deterioration in income distribution and improve the local tax system. Additional revenue should be obtained …

The paper explores the macroeconomic consequences of fiscal consolidations whose timing and composition - either tax …

lead to higher credit multipliers at all horizons, as the benefits of persistently alleviating firms' borrowing constraint …