It is well known by now that government spending has typically been procyclical in developing economies but a cyclical or countercyclical in industrial countries. Little, if any, is known, however, about the cyclical behavior of tax rates (as opposed to tax revenues, which are endogenous to the business cycle and hence cannot shed light on the cyclicality of tax policy). The authors build a novel dataset on tax rates for 62 countries for the period...
Vea más
INFORMACIÓN
-
2015/08/01
-
Artículo de periódico
-
123180
-
1
-
1
-
2018/02/09
-
Disclosed
-
How is tax policy conducted over the business cycle?
-
tax policy