Inflation Proof Tax System Some Lessons From Israel
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Inflation Proof Tax System Some Lessons From Israel
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Author : International Monetary Fund
language : en
Publisher: International Monetary Fund
Release Date : 1990-05-01
Inflation Proof Tax System Some Lessons From Israel written by International Monetary Fund and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 1990-05-01 with Business & Economics categories.
This paper strengthens the claim made by Vito Tanzi that when the effect of a high inflation on the tax system is taken into account, then the overall revenues from inflationary finance may well be negative. The paper analyzes some genuine and neat measures taken in Israel in an attempt to construct an inflation-proof tax system. Despite these very elegant measures, the paper concludes that the Israeli experience suggests that it is more appropriate to talk about the “inflation subsidy” rather than the “inflation tax.”
Trade And Tax Policy Inflation And Exchange Rates
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Author : Assaf Razin
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06
Trade And Tax Policy Inflation And Exchange Rates written by Assaf Razin and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-06 with Business & Economics categories.
Ass a f R a z i nand Hans-Jiirgen Vosgerau The eight chapters of this volume have been grouped into two parts. Part A of contains chapters which are mainly monetary in character, whereas real aspects international economics are treated in Part B. It goes without saying that this is only a device for structuring the field. In substance most chapters reveal the close connections between real and monetary aspects. Part A on "Inflation, Exchange Rates, and Macro-Economic Adjustment in the Global Economy" consists of four papers. In recent years, an inflation targeting framework for monetary policy has been adopted by New Zealand, Canada, the United Kingdom, Finland, Sweden, Australia, and Spain (in chronological order). The use of inflation targeting can be viewed as a further step in the evolution of monetary policy techniques adopted by central banks. A common feature of the countries that have adopted inflation targets is the relatively poor inflation record over the last 30 years compared with other industrial countries such as Germany, Switzerland, Japan and the United States. Because of their relatively good inflation record, this latter group of countries has not explicitly adopted inflation targeting. With, or without, explicit inflation targeting the monetary policy credibility hinges on the independence of the central bank. Alex Cukierman addresses the issue of central bank independence by surveying alternative ways to characterize independence.
Fiscal Balance During Inflation Disinflation And Immigration
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Author : Efraim Sadka
language : en
Publisher: International Monetary Fund
Release Date : 1996-04-01
Fiscal Balance During Inflation Disinflation And Immigration written by Efraim Sadka and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 1996-04-01 with Business & Economics categories.
The paper provides an overview of the role of the fiscal imbalances and the ensuing public debt in explaining major episodes in Israel’s recent economic developments. The main conclusions from the Israeli budgetary developments may have more general validity: (a) deficits lead to inflation and stopping inflation requires elimination of deficits; (b) a major effect of inflation is a large shift of the tax burden from capital to labor; and (c) shocks to labor supply, such as massive labor inflow through immigration, can be absorbed without worsening government finances, when the labor and the housing markets are sufficiently flexible.
Macroeconomic Dimensions Of Public Finance
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Author : Mario Blejer
language : en
Publisher: Routledge
Release Date : 2002-09-11
Macroeconomic Dimensions Of Public Finance written by Mario Blejer and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002-09-11 with Business & Economics categories.
There is no magic formula for balancing fiscal policy and economic performance. As a scholar and policy advisor, Vito Tanzi has made a major contribution to identifying links between public finance and macro and microeconomic consequences. His findings bear relevance in both developing and industrialized economies. The essays in this volume and its companion, Fiscal Policy and Economic Reform, highlight many of these interconnected issues, for instance: * the interaction between budgetary policy and economic aggregates, such as employment, inflation and growth * the implication of economic linkages for designing fiscal policies * expenditure policies and alternative deficit financing strategies * the trade-offs between macro- and microeconomic objectives The list of contributors includes Max Corden, John Makin, Ronald McKinnon and Richard Musgrave.
International Monetary Fund Staff Papers
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Author :
language : en
Publisher:
Release Date : 1991
International Monetary Fund Staff Papers written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1991 with categories.
Index Of Economic Articles In Journals And Collective Volumes
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Author :
language : en
Publisher:
Release Date : 1995
Index Of Economic Articles In Journals And Collective Volumes written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1995 with Economics categories.
Index Of Economic Articles In Journals And Collective Volumes
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Author : American Economic Association
language : en
Publisher:
Release Date : 1991
Index Of Economic Articles In Journals And Collective Volumes written by American Economic Association and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1991 with Economics categories.
International Bibliography Of Economics
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Author : British Library of Political and Economic Science
language : en
Publisher: Psychology Press
Release Date : 1993
International Bibliography Of Economics written by British Library of Political and Economic Science and has been published by Psychology Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1993 with Economics categories.
IBSS is the essential tool for librarians, university departments, research institutions and any public or private institution whose work requires access to up-to-date and comprehensive knowledge of the social sciences.
Journal Of Economic Literature
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Author :
language : en
Publisher:
Release Date : 1992
Journal Of Economic Literature written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1992 with Economics categories.
Imf Working Paper
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Author :
language : en
Publisher:
Release Date : 1996
Imf Working Paper written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1996 with Finance categories.