Arbeitspapier
Hidden Economies and the Socially Optimal Fiscal-Tax to Liquidity-Tax Ratio
Differential tax analysis is used to show how the socially optimal fiscal-tax to liquidity-tax ratio changes with the relative size of the tax-evading hidden economy. The smaller the relative size of the hidden economy, the larger the optimal fiscal-tax to liquidity-tax ratio. The empirical cross-section and panel evidence supports this theoretical result.
- Language
-
Englisch
- Bibliographic citation
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Series: Economics Discussion Papers ; No. 2007-10
- Classification
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Wirtschaft
Taxation and Subsidies: Efficiency; Optimal Taxation
Monetary Policy
Formal and Informal Sectors; Shadow Economy; Institutional Arrangements
Price Level; Inflation; Deflation
- Subject
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inflation tax
hidden/shadow/underground economy
seigniorage
- Event
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Geistige Schöpfung
- (who)
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Ercolani, Marco G.
- Event
-
Veröffentlichung
- (who)
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Kiel Institute for the World Economy (IfW)
- (where)
-
Kiel
- (when)
-
2007
- Handle
- Last update
-
10.03.2025, 11:44 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Ercolani, Marco G.
- Kiel Institute for the World Economy (IfW)
Time of origin
- 2007
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