Series: IMF Working Papers
Author(s): Dennis Botman , and Stephan Danninger
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 February 2007
Keywords: VAT, tax reform, spillover effects, global fiscal model, taxation, fiscal adjustment, tax base, Macroeconomic Aspects of International Trade and Finance: Forecasting and Simulation, Subsidies, and Revenue: General
In 2005, the German government announced a far-reaching fiscal adjustment program. This paper uses the IMF’s Global Fiscal Model to study its impact and explores options for addressing long-term pressures fr...