Arbeitspapier

Implicit tax co-ordination under repeated policy interactions

In the context of a stylised game theoretical framework of capital tax competition, we show that when repeated policy interactions are associated to a systematic punishment of the deviating policymaker, a co-ordinated outcome can be the solution to the non co-operative tax game. This result suggests that explicit forms of policy co-ordination, such as a centralised tax authority, could in fact be largely unnecessary.

Language
Englisch

Bibliographic citation
Series: ECB Working Paper ; No. 259

Classification
Wirtschaft
Policy Objectives; Policy Designs and Consistency; Policy Coordination
International Fiscal Issues; International Public Goods
Subject
International Fiscal Issues
Policy Co-ordination

Event
Geistige Schöpfung
(who)
Catenaro, Marco
Vidal, Jean-Pierre
Event
Veröffentlichung
(who)
European Central Bank (ECB)
(where)
Frankfurt a. M.
(when)
2003

Handle
Last update
10.03.2025, 11:44 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Catenaro, Marco
  • Vidal, Jean-Pierre
  • European Central Bank (ECB)

Time of origin

  • 2003

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