European Fiscal Harmonization and the French Economy:
This paper examines the implications of European fiscal harmonization for the French economy using a general equilibrium model. The latter extends the overlapping generations simulation model of Auerbach and Kotlikoff in three ways. A well-developed external sector is included. Households face const...
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| Main Author: | |
|---|---|
| Format: | Electronic eBook |
| Language: | English |
| Published: |
Washington, D.C
International Monetary Fund
1990
|
| Series: | IMF Working Papers
Working Paper No. 90/96 |
| Online Access: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
| Summary: | This paper examines the implications of European fiscal harmonization for the French economy using a general equilibrium model. The latter extends the overlapping generations simulation model of Auerbach and Kotlikoff in three ways. A well-developed external sector is included. Households face constraints in their borrowing. The population comprises "rich" and "poor" households with different labor productivities. The harmonization policy that involves cuts in VAT and savings taxes leads to welfare losses for both rich and poor approximately equivalent to one percent of GDP |
| Physical Description: | 1 Online-Ressource (52 p) |
| ISBN: | 1451949936 9781451949933 |
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| index_date | 2024-07-03T20:13:16Z |
| indexdate | 2024-07-10T09:35:23Z |
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| isbn | 1451949936 9781451949933 |
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| spelling | Perraudin, W. R. M. Verfasser aut European Fiscal Harmonization and the French Economy Perraudin, W. R. M Washington, D.C International Monetary Fund 1990 1 Online-Ressource (52 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 90/96 This paper examines the implications of European fiscal harmonization for the French economy using a general equilibrium model. The latter extends the overlapping generations simulation model of Auerbach and Kotlikoff in three ways. A well-developed external sector is included. Households face constraints in their borrowing. The population comprises "rich" and "poor" households with different labor productivities. The harmonization policy that involves cuts in VAT and savings taxes leads to welfare losses for both rich and poor approximately equivalent to one percent of GDP Online-Ausg Pujol, Thierry Sonstige oth http://elibrary.imf.org/view/IMF001/02128-9781451949933/02128-9781451949933/02128-9781451949933.xml Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Perraudin, W. R. M. European Fiscal Harmonization and the French Economy |
| title | European Fiscal Harmonization and the French Economy |
| title_auth | European Fiscal Harmonization and the French Economy |
| title_exact_search | European Fiscal Harmonization and the French Economy |
| title_exact_search_txtP | European Fiscal Harmonization and the French Economy |
| title_full | European Fiscal Harmonization and the French Economy Perraudin, W. R. M |
| title_fullStr | European Fiscal Harmonization and the French Economy Perraudin, W. R. M |
| title_full_unstemmed | European Fiscal Harmonization and the French Economy Perraudin, W. R. M |
| title_short | European Fiscal Harmonization and the French Economy |
| title_sort | european fiscal harmonization and the french economy |
| url | http://elibrary.imf.org/view/IMF001/02128-9781451949933/02128-9781451949933/02128-9781451949933.xml |
| work_keys_str_mv | AT perraudinwrm europeanfiscalharmonizationandthefrencheconomy AT pujolthierry europeanfiscalharmonizationandthefrencheconomy |