Omar Chisari, Antonio Estache, Gaetan Nicodeme

Efficiency and Equity Effects of Taxing the Financial Sector: Lessons from a CGE Model for Belgium

Section: Articles
FinanzArchiv (FA)

Volume 72 () / Issue 2, pp. 125-157 (33)

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This paper assesses the effects of applying a VAT or a sales tax on (intermediate or final) sales of the financial sector. It uses a computable general equilibrium (CGE) model calibrated for a small open economy. It highlights the differentiated sectorial and redistribution effects of these taxes and shows the importance of the financial openness of the economy on these results.

Omar Chisari No current data available.

Antonio Estache No current data available.

Gaetan Nicodeme No current data available.