Efficiency and equity Effects of Taxing the Financial Sector: Lessons from a CGE Model for Belgium

This paper assesses the effects of applying VAT or a sales tax on (intermediate or final) sales of the financial sector. It uses a CGE Model calibrated for a small open economy. It highlights the differentiated sectoral and redistributional effects of these taxes and shows the importance of the fina...

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Detalles Bibliográficos
Autores: Chisari, Omar Osvaldo, Estache, Antonio, Nicodeme, Gaetán
Tipo de recurso: artículo
Estado:Versión publicada
Fecha de publicación:2016
País:Argentina
Institución:Consejo Nacional de Investigaciones Científicas y Técnicas
Repositorio:CONICET Digital (CONICET)
Idioma:inglés
OAI Identifier:oai:ri.conicet.gov.ar:11336/106719
Acceso en línea:http://hdl.handle.net/11336/106719
Access Level:acceso abierto
Palabra clave:iva
cge
Bélgica
finanzas
https://purl.org/becyt/ford/5.2
https://purl.org/becyt/ford/5
Descripción
Sumario:This paper assesses the effects of applying VAT or a sales tax on (intermediate or final) sales of the financial sector. It uses a CGE Model calibrated for a small open economy. It highlights the differentiated sectoral and redistributional effects of these taxes and shows the importance of the financial openness of the economy on these results.