nep-pub New Economics Papers
on Public Finance
Issue of 2013‒06‒16
four papers chosen by
Kwang Soo Cheong
Johns Hopkins University

  1. Taxation trends in the European Union: 2013 edition By European Commission
  2. VAT in the Public Sector and Exemptions in the Public Interest By Copenhagen Economics
  3. Taxation of Cross-Border Dividends Payments Within the EU By Copenhagen Economics
  4. State-Dependent Effects of Fiscal Policy. By Steven Fazzari; James Morley; Irina Panovska

  1. By: European Commission
    Abstract: This is the seventh issue of 'Taxation Trends in the European Union', an expanded and improved version of a previous publication, 'Structures of the taxation systems in the European Union'. The objective of the report remains unchanged: to present a complete view of the structure, level and trends of taxation in the Union over a medium- to long-term period.
    Keywords: European Union, taxation
    JEL: H23 H24 H25 H27 H71
    Date: 2013–05
  2. By: Copenhagen Economics
    Abstract: The study analyses and measures the issues arising from the current VAT treatment of public bodies and activities carried out in the public interest. It also identifies possible options for the future, and measures their impact.
    Keywords: European Union, taxation, VAT, public sector
    JEL: H27
    Date: 2013–01
  3. By: Copenhagen Economics
    Abstract: The study carried out by Copenhagen Economics analyses the impact of several alternative solutions to the taxation problems that arise when dividends are paid across borders to individual and portfolio investors within the EU.
    Keywords: European Union, taxation, Dividends
    JEL: H25 H87
    Date: 2012–09
  4. By: Steven Fazzari (Washington University in St. Louis); James Morley (School of Economics, University of New South Wales); Irina Panovska (Washington University in St. Louis)
    Abstract: We investigate the effects of government spending on U.S. economic activity using a threshold version of a structural vector autoregressive model. Our empirical findings support state-dependent effects of fiscal policy. In particular, the effects of a government spending shock on output are significantly larger and more persistent when the economy has a high degree of underutilized resources than when the economy is close to capacity. This evidence is consistent with an underlying structure of the economy in which insufficient aggregate demand often constrains the level of economic activity.
    Keywords: Government Spending, Threshold Model, Vector Autoregression, Nonlinear Dynamics.
    JEL: C32 E32 E62
    Date: 2013–04

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