The quantitative HANK model, incorporating the coordination of hours worked in production, yields an improved empirical fit along two dimensions: a more concentrated steady-state distribution of hours worked and lower marginal propensities to earn (MPEs) with positive but moderate fiscal...

We consider corporate tax evasion as a decision affecting business partners. There are costs of uncoordinated tax reports, both in terms of catching inspectors' attention and running accounts. If these costs are small, there exist a unique Nash equilibrium of the game between the tax authority...

The Local Labour systems are a territorial subdivision useful for the local development. In this Research Report we deal with the theoretical, statistical and methodological aspects in order to collect all those elements that are useful to understand the potentiality represented by the local...

Economists agree that accounting specialists are helpful in avoiding taxes. We argue that such help can often be called sophisticated evasion. We analyze it in a game of incomplete information played by tax authority, corporate taxpayers and accounting specialist. When sophisticated evasion is...

Se propone que el Banco Central de la República Argentina (BCRA), usando al Banco Nación como agente, provea una herramienta financiera a los productores agrícolas en la cual les ofrezca una tasa de interés comprensibles en términos físicos y relativos al valor de la producción...

We consider corporate tax evasion when business partners have different attitudes towards aggressive tax accounting. There are costs of uncoordinated tax reports, both in terms of catching inspectors´ attention and running accounts. If these costs are small, there exist a unique stable Nash...

The combination of emissions trading and emissions taxes is usually rejected as redundant or inefficient. This conclusion is based on the restrictive assumption that both policies are exclusively meant to control pollution. However, particularly taxes may pursue a variety of other policy...

Se propone que el Banco Central de la República Argentina (BCRA), usando al Banco Nación como agente, provea una herramienta financiera a los productores agrícolas en la cual les ofrezca una tasa de interés comprensibles en términos físicos y relativos al valor de la producción...

This paper finds that the proliferation of fiscal incentives in the form of tax exemptions in Nicaragua since 1990 represents the indiscriminate allocation of monopoly rents to interest groups. While theory suggests some rents can encourage productive investments, Nicaragua’s tax incentives...

In this paper we propose a leader – follower dynamic model of taxation with the government imposing a tax to internalize externalities caused by polluting firms. As expected the Stackelberg games with the government acting as leader yield time inconsistent outcomes. We first show how time...