| Titre | Rigidités nominales et propriété d'équivalence fiscale : un test sur données françaises | |
|---|---|---|
| Auteur | Franck Portier | |
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Revue | Economie et prévision |
| Numéro | no 98, 1991/2 Etudes de la fiscalité | |
| Rubrique / Thématique | Etudes de la fiscalité |
|
| Page | 113-121 | |
| Résumé anglais |
Nominal Rigidity and Fiscal Neutrality Property : A Test using French Data,
by Franck Portier.
This paper presents a theoretical and empirical study of fiscal neutrality property, simulating a monopolistic competition model using the estimation of a semi-reduced form on French data. Fiscal neutrality property is rejected in the short run and accepted in the long run. We then estimate the impulse responses to a permanent shock on the fiscal structure. According to the theoretical simulations, these impulse responses show a greater nominal rigidity in wages than in prices, leading to a significant loss in real wages when the shock consists of a VAT cut set off by a rise in income tax. Source : Éditeur (via Persée) |
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| Article en ligne | http://www.persee.fr/web/revues/home/prescript/article/ecop_0249-4744_1991_num_98_2_5228 |
