| Publikační činnost: 2022 |
| ADC – odborné články v zahraničních impaktovaných časopisech Estimating Policy-corrected Long-term and Short-term Tax Elasticities for the USA, Germany, and the United Kingdom [Odhad dlouhodobé a krátkodobé daňové pružnosti korigované politikou USA, Německa a Spojeného království]. / Umut ÜNAL, Bernd HAYO, Sascha MIERZWA - In: Empirical Economics : Journal of the Institute for Advanced Studies, Vienna, Austria. - ISSN 0377-7332 - (2022), Published online: 05 August 2022.
[
ÜNAL, Umut
- HAYO, Bernd
- MIERZWA, Sascha
] Soubory ke ztažení:
Externí odkaz |
| Anotace v angličtině: |
We estimate the elasticities of the most important tax categories using a new quarterly database of discretionary tax measures for the USA, Germany, and the United Kingdom over the period 1980Q1 to 2018Q2. Employing Romer and Romerĺs (2009) narrative approach, we construct a policy-neutral dataset based on revenue figures from governmental records. Using this quantitative information, we are able to subtract policy-induced changes, which often are not considered in the literature. Furthermore, we estimate state-dependent elasticities. Our conclusions are as follows. (i) In Germany and the UK, long-term tax-to-base elasticities are generally higher than short-term elasticities, whereas results for the USA are mixed. (ii) Short-term base-to-output elasticities tend to be smaller than unity, whereas long-term elasticities are close to unity.
(iii) German and UK tax-to-output elasticities in the short term are lower than long-term elasticities, with mixed results for the USA. (iv) For tax-to-base elasticities, we find business-cycle asymmetries across countries but not within countries. (v) For base-to-output elasticities, our results suggest few asymmetries across countries and more asymmetries across tax types. (vi) Typically, the above conclusions do not hold for corporate income tax.
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Klíčová slova: Mezinárodní;
daňový systém;
daně;
politika daňová
Klíčová slova v angličtině: international; tax system; tax; tax policy |
| Návaznost: IP70203 Aktuální otázky makroekonomického prostředí a trhu práce a jejich dopady na různé společenské skupiny
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| Poznámka: |
https://doi.org/10.1007/s00181-022-02252-2
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| Pracoviště: VUPSVMA |
Typ: Článek z periodika |
