European Fiscal Harmonization and the French Economy /

This paper examines the implications of European fiscal harmonization for the French economy using a general equilibrium model. The latter extends the overlapping generations simulation model of Auerbach and Kotlikoff in three ways. A well-developed external sector is included. Households face const...

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Bibliografiska uppgifter
Huvudupphovsman: Perraudin, W.
Övriga upphovsmän: Pujol, Thierry
Materialtyp: Tidskrift
Språk:English
Publicerad: Washington, D.C. : International Monetary Fund, 1990.
Serie:IMF Working Papers; Working Paper ; No. 1990/096
Länkar:Full text available on IMF
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245 1 0 |a European Fiscal Harmonization and the French Economy /  |c W. Perraudin, Thierry Pujol. 
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300 |a 1 online resource (52 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a This paper examines the implications of European fiscal harmonization for the French economy using a general equilibrium model. The latter extends the overlapping generations simulation model of Auerbach and Kotlikoff in three ways. A well-developed external sector is included. Households face constraints in their borrowing. The population comprises 'rich' and 'poor' households with different labor productivities. The harmonization policy that involves cuts in VAT and savings taxes leads to welfare losses for both rich and poor approximately equivalent to one percent of GDP. 
538 |a Mode of access: Internet 
700 1 |a Pujol, Thierry. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 1990/096 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/1990/096/001.1990.issue-096-en.xml  |z IMF e-Library