Modeling Fiscal Policy in the European Union

Modeling Fiscal Policy in the European Union

The book discusses optimal fiscal policy for an internationally integrating economy when public borrowing is constrained. Various innovations have been introduced: the agglomeration effect, the fiscal solvency concept, the harmonization of capital income tax base with formula apportionment and transaction tax on financial transactions. Tax structure consists of taxes on labor, capital and consumption, and bonds – the study looks at equilibrium tax rates under international… (more)

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Book Details  


Publisher: Peter Lang GmbH, Internationaler Verlag der Wissenschaften (April 13, 2015)

Collection: Polish Studies in Economics

Parent ISBN: 9783631658307

Page count: 139 pages

Language: English


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