Tax Policy for a New Era: Promoting Economic Growth and Fairness

Tax Policy and Economic Growth in the Developing and Developed Nations

Fiscal policy is a policy that tries to achieve certain economic goals through instruments such as changes in government expenditure and taxation. The financial policy uses two instruments of government revenue (tax) and government spending (spending) to influence the economy. And in the economic literature, they consider economic growth to be equal to GDP. The impact of financial policies on e...

Economic Freedom, Economic Growth And Governments Tax Revenue In (MENA)

Tax Evasion and Economic Growth∗

In this paper we analyze how the tax compliance policy affects the rate of economic growth. We consider a model of overlapping generations in which the paths of all the macroeconomic variables are endogenously determined and we perform the comparative statics analysis of changes in both the probability of inspection and the penalty fee imposed on tax evaders. We also show the nonoptimality from...

Economic Growth in Europe: Entering a New Era?

The meeting was co-organised by the Centre d'Etudes Prospectives et d'Informations Internationales (CEPII) and the Zentrum für Europäische Integrationsforschung (ZEI), and hosted by the latter. Two papers were presented. The first one was written by Jürgen von Hagen (ZEI) on " The European Central Bank: 1 st Birthday ". The second one was written by Dominique Guellec (OECD) on " Economic Growth...

A Re-examination of Economic Growth, Tax Policy, and Distributive Politics∗

We examine the relationship between economic growth, tax policy, and the distribution of capital and labor ownership in a one-sector political-economy model of endogenous growth with productive government spending Þnanced by a proportional tax on capital income. Our analysis shows that inequality in wealth and income can be positively or negatively related to the optimal tax rate. In either env...