Tax Reform and Debt Sustainability in Germany : An Assessment Using the Global Fiscal Model »
Journal Issue
Volume/Issue: 2007/46
Series: IMF Working Papers
Author(s): Dennis Botman , and Stephan Danninger
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 February 2007
DOI: http://dx.doi.org/10.5089/9781451866100.001
ISBN: 9781451866100
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...