Por favor, use este identificador para citar o enlazar a este item:
http://hdl.handle.net/10261/35542
COMPARTIR / EXPORTAR:
SHARE BASE | |
Visualizar otros formatos: MARC | Dublin Core | RDF | ORE | MODS | METS | DIDL | DATACITE | |
Título: | Tax Evasion, Technology Shocks, and the Cyclicality of Government Revenues |
Autor: | Caballé, Jordi CSIC ORCID; Panadés, Judith | Palabras clave: | Tax evasion Technology shocks Growth |
Fecha de publicación: | 6-abr-2011 | Citación: | UFAE and IAE Working Papers ; 870.11. | Resumen: | This paper analyzes the behavior of the tax revenue to output ratio over the busi- ness cycle. In order to replicate the empirical evidence, we develop a simple model combining the standard Ak growth model with the tax evasion phenomenon. When individuals conceal part of their true income from the tax authority, they face the risk of being audited and hence of paying the corresponding fine. Under the empiri- cally plausible assumptions that the intertemporal elasticity of substitution exhibits a sufficiently small value and that productivity shocks are serially correlated, we show that the elasticity of government revenue with respect to output is larger than one, which agrees with the empirical evidence. This result holds even if the tax system displays flat tax rates. We extend the previous setup to generate larger fiscal deficits when the economy experiences a recession. | Descripción: | JEL Classification Number: H23, H26, O41 | Versión del editor: | http://pareto.uab.es/wp/2011/87011.pdf | URI: | http://hdl.handle.net/10261/35542 |
Aparece en las colecciones: | (IAE) Informes y documentos de trabajo |
Ficheros en este ítem:
Fichero | Descripción | Tamaño | Formato | |
---|---|---|---|---|
87011.pdf | 165,78 kB | Adobe PDF | Visualizar/Abrir |
CORE Recommender
Page view(s)
239
checked on 17-abr-2024
Download(s)
111
checked on 17-abr-2024
Google ScholarTM
Check
NOTA: Los ítems de Digital.CSIC están protegidos por copyright, con todos los derechos reservados, a menos que se indique lo contrario.