Several European countries have recently envisaged to implement fiscal policies that constitute alternatives to monetary devaluation in the context of a monetary union. Social value-added tax is one of these alternatives: it consists to shift fiscal revenue from payroll tax to value-added tax, with the objective to address simultaneously competitiveness and employment problems. We analyze the consequence of such a policy in a model of international trade with heterogeneous firm à la Melitz. We depart from the CES case for taking account of the way changes in the tax rates may mo dify competition between producers, their margins, and the way these changes are refefected in prices. We first show that social VAT is neutral for zero tr...
This paper studies the effect of switching from the destination to the origin principle of taxation ...
In light of the existence of an informal sector in most developing countries, economists are beginni...
This paper analyzes the choice of commodity tax base when countries set their taxes non-cooperativel...
Several European countries have recently envisaged to implement fiscal policies thatconstitute alter...
International audienceWe study fiscal devaluation (i.e., revenue‐neutral shift from payroll to consu...
Abstract: Large trade imbalances have emerged as major policy challenges for the euro area within th...
The theoretical literature has long recognized that a fiscal devaluation, brought about by a budget-...
There is a well-understood economists ’ case for a value-added tax (VAT). As a consumption tax, a VA...
This paper examines the effects of a unilateral reform of the redistribution policy in an economy op...
(Work in progress- please do not quote) We examine the interaction between parallel trade and commod...
We examine the welfare and other consequences of tax policy in a third market export model where duo...
The present paper analyzes the consequences of a consumption tax reform for the export sector. In pa...
The EU policy against harmful tax competition aims at eliminating tax policies targeted at attractin...
This paper uses a numerical general equilibrium model to examine the quantitative importance of pre-...
Two countries are populated by workers and capitalists. Their governments collect taxes to finance p...
This paper studies the effect of switching from the destination to the origin principle of taxation ...
In light of the existence of an informal sector in most developing countries, economists are beginni...
This paper analyzes the choice of commodity tax base when countries set their taxes non-cooperativel...
Several European countries have recently envisaged to implement fiscal policies thatconstitute alter...
International audienceWe study fiscal devaluation (i.e., revenue‐neutral shift from payroll to consu...
Abstract: Large trade imbalances have emerged as major policy challenges for the euro area within th...
The theoretical literature has long recognized that a fiscal devaluation, brought about by a budget-...
There is a well-understood economists ’ case for a value-added tax (VAT). As a consumption tax, a VA...
This paper examines the effects of a unilateral reform of the redistribution policy in an economy op...
(Work in progress- please do not quote) We examine the interaction between parallel trade and commod...
We examine the welfare and other consequences of tax policy in a third market export model where duo...
The present paper analyzes the consequences of a consumption tax reform for the export sector. In pa...
The EU policy against harmful tax competition aims at eliminating tax policies targeted at attractin...
This paper uses a numerical general equilibrium model to examine the quantitative importance of pre-...
Two countries are populated by workers and capitalists. Their governments collect taxes to finance p...
This paper studies the effect of switching from the destination to the origin principle of taxation ...
In light of the existence of an informal sector in most developing countries, economists are beginni...
This paper analyzes the choice of commodity tax base when countries set their taxes non-cooperativel...