How do the Tax Burden and the Fiscal Space in Latin America look like? Evidence through Laffer Curves
Author
Abstract
Suggested Citation
DOI: https://doi.org/10.32468/be.1117
Download full text from publisher
References listed on IDEAS
- Raj Chetty & Adam Guren & Day Manoli & Andrea Weber, 2011.
"Are Micro and Macro Labor Supply Elasticities Consistent? A Review of Evidence on the Intensive and Extensive Margins,"
American Economic Review, American Economic Association, vol. 101(3), pages 471-475, May.
- Chetty, Nadarajan & Weber, Andrea & Guren, Adam Michael & Day, Manoli, 2011. "Are Micro and Macro Labor Supply Elasticities Consistent? A Review of Evidence on the Intensive and Extensive Margins," Scholarly Articles 11878970, Harvard University Department of Economics.
- Robert C. Feenstra & Robert Inklaar & Marcel P. Timmer, 2015.
"The Next Generation of the Penn World Table,"
American Economic Review, American Economic Association, vol. 105(10), pages 3150-3182, October.
- Robert C. Feenstra & Robert Inklaar & Marcel Timmer, 2013. "The Next Generation of the Penn World Table," NBER Working Papers 19255, National Bureau of Economic Research, Inc.
- Trabandt, Mathias & Uhlig, Harald, 2011.
"The Laffer curve revisited,"
Journal of Monetary Economics, Elsevier, vol. 58(4), pages 305-327.
- Uhlig, Harald & Trabandt, Mathias, 2006. "How Far Are We From the Slippery Slope? The Laffer Curve Revisited," CEPR Discussion Papers 5657, C.E.P.R. Discussion Papers.
- Mathias Trabandt & Harald Uhlig, 2009. "How Far Are We From The Slippery Slope? The Laffer Curve Revisited," NBER Working Papers 15343, National Bureau of Economic Research, Inc.
- Uhlig, Harald & Trabandt, Mathias, 2010. "How far are we from the slippery slope? The Laffer curve revisited," Working Paper Series 1174, European Central Bank.
- Mathias Trabandt & Harald Uhlig, 2006. "How Far Are We From The Slippery Slope? The Laffer Curve Revisited," SFB 649 Discussion Papers SFB649DP2006-023, Sonderforschungsbereich 649, Humboldt University, Berlin, Germany.
- Mendoza, Enrique G. & Razin, Assaf & Tesar, Linda L., 1994.
"Effective tax rates in macroeconomics: Cross-country estimates of tax rates on factor incomes and consumption,"
Journal of Monetary Economics, Elsevier, vol. 34(3), pages 297-323, December.
- Enrique G. Mendoza & Assaf Razin & Linda L. Tesar, 1994. "Effective Tax Rates in Macroeconomics: Cross-Country Estimates of Tax Rates on Factor Incomes and Consumption," NBER Working Papers 4864, National Bureau of Economic Research, Inc.
- MaCurdy, Thomas E, 1981. "An Empirical Model of Labor Supply in a Life-Cycle Setting," Journal of Political Economy, University of Chicago Press, vol. 89(6), pages 1059-1085, December.
- Jesús Fernández-Villaverde & Pablo Guerrón-Quintana & Keith Kuester & Juan Rubio-Ramírez, 2015.
"Fiscal Volatility Shocks and Economic Activity,"
American Economic Review, American Economic Association, vol. 105(11), pages 3352-3384, November.
- Rubio-RamÃrez, Juan Francisco & Fernández-Villaverde, Jesús & Kuester, Keith & Guerron-Quintana, Pablo A., 2011. "Fiscal Volatility Shocks and Economic Activity," CEPR Discussion Papers 8528, C.E.P.R. Discussion Papers.
- Jesús Fernández-Villaverde & Pablo A. Guerrón-Quintana & Keith Kuester & Juan Rubio-Ramírez, 2011. "Fiscal Volatility Shocks and Economic Activity," NBER Working Papers 17317, National Bureau of Economic Research, Inc.
- Jesus Fernandez-Villaverde & Pablo Guerron-Quintana & Keith Kuester & Juan Rubio-Ramirez, 2011. "Fiscal Volatility Shocks and Economic Activity," PIER Working Paper Archive 11-022, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
- Jesús Fernández-Villaverde & Pablo Guerrón-Quintana & Keith Kuester & Juan F. Rubio-Ramirez, 2011. "Fiscal volatility shocks and economic activity," Working Papers 11-32, Federal Reserve Bank of Philadelphia.
- Mathias Trabandt & Harald Uhlig, 2012.
"How Do Laffer Curves Differ across Countries?,"
NBER Chapters, in: Fiscal Policy after the Financial Crisis, pages 211-249,
National Bureau of Economic Research, Inc.
- Mathias Trabandt & Harald Uhlig, 2012. "How do Laffer curves differ across countries?," International Finance Discussion Papers 1048, Board of Governors of the Federal Reserve System (U.S.).
- Mathias Trabandt & Harald Uhlig, 2012. "How Do Laffer Curves Differ Across Countries?," NBER Working Papers 17862, National Bureau of Economic Research, Inc.
- Nutahara, Kengo, 2015. "Laffer curves in Japan," Journal of the Japanese and International Economies, Elsevier, vol. 36(C), pages 56-72.
- Edward C. Prescott, 2004.
"Why do Americans work so much more than Europeans?,"
Quarterly Review, Federal Reserve Bank of Minneapolis, vol. 28(Jul), pages 2-13.
- Edward C. Prescott, 2003. "Why do Americans work so much more than Europeans?," Staff Report 321, Federal Reserve Bank of Minneapolis.
- Edward C. Prescott, 2004. "Why do Americans Work so Much More than Europeans?," NBER Working Papers 10316, National Bureau of Economic Research, Inc.
- Edward C. Prescott, 2004. "Why Do Americans Work So Much More Than Europeans?," Levine's Bibliography 122247000000000413, UCLA Department of Economics.
- Mr. Marco Airaudo & Mr. Edward F Buffie & Luis-Felipe Zanna, 2016. "Inflation Targeting and Exchange Rate Management In Less Developed Countries," IMF Working Papers 2016/055, International Monetary Fund.
- Wataru Miyamoto & Thuy Lan Nguyen & Dmitriy Sergeyev, 2018.
"Government Spending Multipliers under the Zero Lower Bound: Evidence from Japan,"
American Economic Journal: Macroeconomics, American Economic Association, vol. 10(3), pages 247-277, July.
- Thuy Lan Nguyen & Dmitriy Sergeyev & Wataru Miyamoto, 2016. "Government Spending Multipliers under the Zero Lower Bound: Evidence from Japan," 2016 Meeting Papers 666, Society for Economic Dynamics.
- Wataru Miyamoto & Thuy Lan Nguyen & Dmitriy Sergeyev, 2017. "Government Spending Multipliers Under the Zero Lower Bound: Evidence from Japan," Staff Working Papers 17-40, Bank of Canada.
- Sergeyev, Dmitriy & Miyamoto, Wataru & Nguyen, Thu-Van, 2016. "Government Spending Multipliers under the Zero Lower Bound: Evidence from Japan," CEPR Discussion Papers 11633, C.E.P.R. Discussion Papers.
- Levine, Ross & Renelt, David, 1992.
"A Sensitivity Analysis of Cross-Country Growth Regressions,"
American Economic Review, American Economic Association, vol. 82(4), pages 942-963, September.
- Levine, Ross & Renelt, David, 1991. "A sensitivity analysis of cross-country growth regressions," Policy Research Working Paper Series 609, The World Bank.
- Lucas, Robert Jr., 1988. "On the mechanics of economic development," Journal of Monetary Economics, Elsevier, vol. 22(1), pages 3-42, July.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Juan C. Méndez-Vizcaíno & Nicolás Moreno-Arias, 2021. "A Global Shock with Idiosyncratic Pains: State-Dependent Debt Limits for LATAM during the COVID-19 pandemic," Borradores de Economia 1175, Banco de la Republica de Colombia.
- Fernando Arias-Rodríguez & Julián A. Parra-Polanía, 2021. "Pensiones y reforma pensional: efectos macroeconómicos del envejecimiento en Colombia," Borradores de Economia 1173, Banco de la Republica de Colombia.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Ignacio Lozano-Espitia & Fernando Arias-Rodríguez, 2018. "Curvas Laffer de la Tributación en Colombia," Borradores de Economia 1045, Banco de la Republica de Colombia.
- Ignacio Lozano-Espitia & Fernando Arias-Rodríguez & Jesus Bejarano & Andres Gonzalez & Clark Granger-Castaño & Franz Hamann & Yurany Hernández-Turca & Juan Manuel Julio-Román & Martha López & Juan C. , 2019.
"La política fiscal y la estabilización macroeconómica en Colombia,"
Revista ESPE - Ensayos sobre Política Económica, Banco de la Republica de Colombia, issue 90, pages 1-60, April.
- Ignacio Lozano-Espitia & Fernando Arias-Rodríguez, Jesus Bejarano & Andres Gonzalez, Clark Granger-Castaño & Franz Hamann, Yurany Hernández-Turca & Juan Manuel Julio-Román, Martha López & Juan C. Mend, 2019. "La política fiscal y la estabilización macroeconómica en Colombia," Revista ESPE - Ensayos Sobre Política Económica, Banco de la República, issue 90, pages 1-60, April.
- Enrique G. Mendoza & Linda L. Tesar & Jing Zhang, 2014.
"Saving Europe?: The Unpleasant Arithmetic of Fiscal Austerity in Integrated Economies,"
Working Paper Series
WP-2014-13, Federal Reserve Bank of Chicago.
- Enrique G. Mendoza & Linda L. Tesar & Jing Zhang, 2014. "Saving Europe?: The Unpleasant Arithmetic of Fiscal Austerity in Integrated Economies," NBER Working Papers 20200, National Bureau of Economic Research, Inc.
- Enrique G. Mendoza & Linda L. Tesar & Jing Zhang, 2014. "Saving Europe?: The Unpleasant Arithmetic of Fiscal Austerity in Integrated Economies," Working Papers 644, Research Seminar in International Economics, University of Michigan.
- Mendoza, Enrique G. & Tesar, Linda L. & Zhang, Jing, 2014. "Saving Europe? The unpleasant arithmetic of fiscal austerity in integrated economies," SAFE Working Paper Series 80, Leibniz Institute for Financial Research SAFE.
- Mathias Trabandt & Harald Uhlig, 2012.
"How Do Laffer Curves Differ across Countries?,"
NBER Chapters, in: Fiscal Policy after the Financial Crisis, pages 211-249,
National Bureau of Economic Research, Inc.
- Mathias Trabandt & Harald Uhlig, 2012. "How do Laffer curves differ across countries?," International Finance Discussion Papers 1048, Board of Governors of the Federal Reserve System (U.S.).
- Mathias Trabandt & Harald Uhlig, 2012. "How Do Laffer Curves Differ Across Countries?," NBER Working Papers 17862, National Bureau of Economic Research, Inc.
- Kotamäki Mauri, 2017. "Laffer Curves and Home Production," Nordic Tax Journal, Sciendo, vol. 2017(1), pages 59-69, January.
- Jing Zhang, 2015. "Saving Europe?," 2015 Meeting Papers 599, Society for Economic Dynamics.
- Mathias Trabandt & Harald Uhlig, 2012.
"How Do Laffer Curves Differ across Countries?,"
NBER Chapters, in: Fiscal Policy after the Financial Crisis, pages 211-249,
National Bureau of Economic Research, Inc.
- Harald F. Uhlig & Mathias Trabandt, 2012. "How do Laffer curves differ across countries?," International Finance Discussion Papers 1048, Board of Governors of the Federal Reserve System (U.S.), revised 2012.
- Mathias Trabandt & Harald Uhlig, 2012. "How Do Laffer Curves Differ Across Countries?," Working Papers 2012-001, Becker Friedman Institute for Research In Economics.
- Mathias Trabandt & Harald Uhlig, 2012. "How Do Laffer Curves Differ Across Countries?," NBER Working Papers 17862, National Bureau of Economic Research, Inc.
- D’Erasmo, P. & Mendoza, E.G. & Zhang, J., 2016.
"What is a Sustainable Public Debt?,"
Handbook of Macroeconomics, in: J. B. Taylor & Harald Uhlig (ed.), Handbook of Macroeconomics, edition 1, volume 2, chapter 0, pages 2493-2597,
Elsevier.
- Pablo D'Erasmo & Enrique Mendoza & Jing Zhang, 2015. "What is a Sustainable Public Debt?," PIER Working Paper Archive 15-033, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 16 Apr 2015.
- Pablo D'Erasmo & Enrique G. Mendoza & Jing Zhang, 2015. "What is a Sustainable Public Debt?," NBER Working Papers 21574, National Bureau of Economic Research, Inc.
- Üngör, Murat, 2014.
"Some thought experiments on the changes in labor supply in Turkey,"
Economic Modelling, Elsevier, vol. 39(C), pages 265-272.
- Murat Ungor, 2013. "Some Thought Experiments on the Changes in Labor Supply in Turkey," Working Papers 1314, Research and Monetary Policy Department, Central Bank of the Republic of Turkey.
- Üngör, Murat, 2013. "Some Thought Experiments on the Changes in Labor Supply in Turkey," EY International Congress on Economics I (EYC2013), October 24-25, 2013, Ankara, Turkey 219, Ekonomik Yaklasim Association.
- Raj Chetty & Adam Guren & Day Manoli & Andrea Weber, 2013.
"Does Indivisible Labor Explain the Difference between Micro and Macro Elasticities? A Meta-Analysis of Extensive Margin Elasticities,"
NBER Macroeconomics Annual, University of Chicago Press, vol. 27(1), pages 1-56.
- Raj Chetty & Adam Guren & Day Manoli & Andrea Weber, 2012. "Does Indivisible Labor Explain the Difference between Micro and Macro Elasticities? A Meta-Analysis of Extensive Margin Elasticities," NBER Chapters, in: NBER Macroeconomics Annual 2012, Volume 27, pages 1-56, National Bureau of Economic Research, Inc.
- Day Manoli & Andrea Weber & Adam Guren & Raj Chetty, 2011. "Does Indivisible Labor Explain the Difference between Micro and Macro Elasticities? A Meta-Analysis of Extensive Margin Elasticities," 2011 Meeting Papers 73, Society for Economic Dynamics.
- Chetty, Nadarajan & Guren, Adam & Manoli, Day & Weber, Andrea, 2013. "Does Indivisible Labor Explain the Difference between Micro and Macro Elasticities? A Meta-Analysis of Extensive Margin Elasticities," Scholarly Articles 27304826, Harvard University Department of Economics.
- Raj Chetty & Adam Guren & Dayanand S. Manoli & Andrea Weber, 2011. "Does Indivisible Labor Explain the Difference Between Micro and Macro Elasticities? A Meta-Analysis of Extensive Margin Elasticities," NBER Working Papers 16729, National Bureau of Economic Research, Inc.
- Alba, Carlos & McKnight, Stephen, 2022. "Laffer curves in emerging market economies: The role of informality," Journal of Macroeconomics, Elsevier, vol. 72(C).
- Daniel, Betty C. & Gao, Si, 2015. "Implications of productive government spending for fiscal policy," Journal of Economic Dynamics and Control, Elsevier, vol. 55(C), pages 148-175.
- Janusz Jabłonowski, 2018. "Implications of Transitory and Permanent Changes in Tax Rates for Poland," Gospodarka Narodowa. The Polish Journal of Economics, Warsaw School of Economics, issue 2, pages 73-97.
- Zouhair Ait Benhamou, 2018.
"A Steeper slope: the Laffer Tax Curve in Developing and Emerging Economies,"
Post-Print
hal-02977714, HAL.
- Zouhair Aït Benhamou, 2018. "A Steeper slope: the Laffer Tax Curve in Developing and Emerging Economies," EconomiX Working Papers 2018-44, University of Paris Nanterre, EconomiX.
- Schwarzmüller, Tim & Wolters, Maik H., 2014.
"The macroeconomic effects of fiscal consolidation in dynamic general equilibrium,"
Kiel Working Papers
1963, Kiel Institute for the World Economy (IfW Kiel).
- Schwarzmüller, Tim & Wolters, Maik H., 2015. "The Macroeconomic Effects of Fiscal Consolidation in Dynamic General Equilibrium," Dynare Working Papers 43, CEPREMAP.
- Trabandt, Mathias & Uhlig, Harald, 2011.
"The Laffer curve revisited,"
Journal of Monetary Economics, Elsevier, vol. 58(4), pages 305-327.
- Mathias Trabandt & Harald Uhlig, 2006. "How Far Are We From The Slippery Slope? The Laffer Curve Revisited," SFB 649 Discussion Papers SFB649DP2006-023, Sonderforschungsbereich 649, Humboldt University, Berlin, Germany.
- Janiak, Alexandre & Santos Monteiro, Paulo, 2016.
"Towards a quantitative theory of automatic stabilizers: The role of demographics,"
Journal of Monetary Economics, Elsevier, vol. 78(C), pages 35-49.
- Alexandre Janiak & Paulo Santos Monteiro, 2011. "Towards a quantitative theory of automatic stabilizers: the role of demographics," Documentos de Trabajo 284, Centro de Economía Aplicada, Universidad de Chile.
- Alexandre Janiaka & Paulo Santos Monteiro, 2014. "Towards a quantitative theory of automatic stabilizers: the role of demographics," Discussion Papers 14/23, Department of Economics, University of York.
- Takahashi, Shuhei & Yamada, Ken, 2022. "Understanding international differences in the skill premium: The role of capital taxes and transfers," Journal of Economic Dynamics and Control, Elsevier, vol. 143(C).
- Timo Boppart & Per Krusell, 2020.
"Labor Supply in the Past, Present, and Future: A Balanced-Growth Perspective,"
Journal of Political Economy, University of Chicago Press, vol. 128(1), pages 118-157.
- Per Krusell & Timo Boppart, 2016. "Labor supply in the past, present, and future: a balanced-growth perspective," 2016 Meeting Papers 261, Society for Economic Dynamics.
- Timo Boppart & Per Krusell, 2016. "Labor Supply in the Past, Present, and Future: a Balanced-Growth Perspective," NBER Working Papers 22215, National Bureau of Economic Research, Inc.
- Boppart, Timo, 2016. "Labor supply in the past, present, and future: a balanced-growth perspective," CEPR Discussion Papers 11235, C.E.P.R. Discussion Papers.
- Bloom, David E. & Canning, David & Kotschy, Rainer & Prettner, Klaus & Schünemann, Johannes, 2024.
"Health and economic growth: Reconciling the micro and macro evidence,"
World Development, Elsevier, vol. 178(C).
- Bloom, David E. & Canning, David & Kotschy, Rainer & Prettner, Klaus & Schünemann, Johannes, 2018. "Health and Economic Growth: Reconciling the Micro and Macro Evidence," IZA Discussion Papers 11940, Institute of Labor Economics (IZA).
- David E. Bloom & David Canning & Rainer Kotschy & Klaus Prettner & Johannes J. Schünemann, 2019. "Health and Economic Growth: Reconciling the Micro and Macro Evidence," NBER Working Papers 26003, National Bureau of Economic Research, Inc.
- Schünemann, Johannes & Bloom, David E. & Canning, David & Kotschy, Rainer & Prettner, Klaus, 2018. "Health and Economic Growth: Reconciling the Micro and Macro Evidence," VfS Annual Conference 2018 (Freiburg, Breisgau): Digital Economy 181554, Verein für Socialpolitik / German Economic Association.
- Bloom, David & Canning, David & Kotschy, Rainer & Prettner, Klaus & Schünemann, Johannes, 2022. "Health and Economic Growth: Reconciling the Micro and Macro Evidence," CEPR Discussion Papers 17393, C.E.P.R. Discussion Papers.
- David E. Bloom & David Canning & Rainer Kotschy & Klaus Prettner & Johannes Schünemann & Rainer Franz Kotschy, 2022. "Health and Economic Growth: Reconciling the Micro and Macro Evidence," CESifo Working Paper Series 9806, CESifo.
More about this item
Keywords
Laffer curves; fiscal policy; taxes on consumption; taxes on labor and capital incomes.Curvas de Laffer; polÃtica fiscal; impuestos sobre el consumo; las rentas laborales y los rendimientos del capital.;All these keywords.
JEL classification:
- E13 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Neoclassical
- E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory
- H20 - Public Economics - - Taxation, Subsidies, and Revenue - - - General
- H30 - Public Economics - - Fiscal Policies and Behavior of Economic Agents - - - General
- H60 - Public Economics - - National Budget, Deficit, and Debt - - - General
NEP fields
This paper has been announced in the following NEP Reports:- NEP-DGE-2020-06-29 (Dynamic General Equilibrium)
- NEP-MAC-2020-06-29 (Macroeconomics)
- NEP-PBE-2020-06-29 (Public Economics)
- NEP-PUB-2020-06-29 (Public Finance)
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bdr:borrec:1117. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Clorith Angélica Bahos Olivera (email available below). General contact details of provider: https://edirc.repec.org/data/brcgvco.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.