Pereira, Manuel Coutinho
Output Effects of a Measure of Tax Shocks Based on Changes in Legislation for Portugal / Manuel Coutinho Pereira, Lara Wemans .-- , 2015
Dispone de versión electrónica. Resumen. Bibliografía. Conclusión.
This paper develops a new measure of quarterly discretionary tax shocks for Portugal resulting from changes in legislation, following the narrative approach. A comprehensive analysis of tax policy mea-sures in the period 1996-2012 was undertaken. The findings point to strongly negative and persistent effects of legislated tax increases on GDP and private consumption, matching the tendency of the narrative approach to yield comparatively high tax multipliers.
PORTUGAL
POLITICA FISCAL
IMPUESTOS
LEGISLACION
ESTABILIZACION ECONOMICA
PRODUCTO INTERIOR BRUTO
CONSUMO
Wemans, Lara
Hacienda Pública Españolan. 215 (4/2015), p. 27-62
Output Effects of a Measure of Tax Shocks Based on Changes in Legislation for Portugal / Manuel Coutinho Pereira, Lara Wemans .-- , 2015
Dispone de versión electrónica. Resumen. Bibliografía. Conclusión.
This paper develops a new measure of quarterly discretionary tax shocks for Portugal resulting from changes in legislation, following the narrative approach. A comprehensive analysis of tax policy mea-sures in the period 1996-2012 was undertaken. The findings point to strongly negative and persistent effects of legislated tax increases on GDP and private consumption, matching the tendency of the narrative approach to yield comparatively high tax multipliers.
PORTUGAL
POLITICA FISCAL
IMPUESTOS
LEGISLACION
ESTABILIZACION ECONOMICA
PRODUCTO INTERIOR BRUTO
CONSUMO
Wemans, Lara
Hacienda Pública Españolan. 215 (4/2015), p. 27-62