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La TVA Sociale : Bonne ou Mauvaise Idée ?

Author

Listed:
  • Patrick Fève
  • Julien Matheron
  • Jean-Guillaume Sahuc

    () (EconomiX - UPN - Université Paris Nanterre - CNRS - Centre National de la Recherche Scientifique)

Abstract

The authors use two general-equilibrium models to assess the quantitative and dynamic impact of “social VAT, ” i.e., a tax reform that would substitute a value-added tax for employers’ social contributions. The first model is a Walrasian model with no frictions other than distortionary taxes on labor income, capital income, and consumption. The second model adds labor-market matching frictions. We examine two scenarios for social-VAT implementation. In both scenarios, the tax reform generates a small, long-term effect on levels of aggregate variables and a modest welfare gain. In the no-friction model, the gain is substantially reduced when the reform is pre-announced six quarters prior to enactment. The announcement effect is milder in the model with labor-market frictions.
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Suggested Citation

  • Patrick Fève & Julien Matheron & Jean-Guillaume Sahuc, 2010. "La TVA Sociale : Bonne ou Mauvaise Idée ?," Post-Print hal-01612720, HAL.
  • Handle: RePEc:hal:journl:hal-01612720
    Note: View the original document on HAL open archive server: https://hal.archives-ouvertes.fr/hal-01612720
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    References listed on IDEAS

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    2. Stéphane Gauthier, 2009. "Un exercice de TVA sociale," Économie et Prévision, Programme National Persée, vol. 187(1), pages 65-81.
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    15. repec:adr:anecst:y:1996:i:44:p:02 is not listed on IDEAS
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    Cited by:

    1. Nukic, Senada, 2014. "Fiscal Consolidation and Employment Loss," MPRA Paper 60224, University Library of Munich, Germany.
    2. Fanny Henriet, Nicolas Maggiar, and Katheline Schubert, 2014. "A Stylized Applied Energy-Economy Model for France," The Energy Journal, International Association for Energy Economics, vol. 0(Number 4).
    3. repec:eee:ecmode:v:71:y:2018:i:c:p:279-288 is not listed on IDEAS
    4. Font, Barbara Castelletti & Clerc, Pierrick & Lemoine, Matthieu, 2018. "Should euro area countries cut taxes on labour or capital in order to boost their growth?," Economic Modelling, Elsevier, vol. 71(C), pages 279-288.
    5. Fève, P. & Matheron, J. & Sahuc,J-G., 2013. "Strict Fiscal Rules and Macroeconomic Stability: The Case of Social VAT," Working papers 439, Banque de France.

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    Keywords

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    JEL classification:

    • E10 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - General
    • E20 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - General (includes Measurement and Data)
    • G12 - Financial Economics - - General Financial Markets - - - Asset Pricing; Trading Volume; Bond Interest Rates

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