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Australia: Is it time for tax reform?

The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216224%3A14560%2F17%3A00096102" target="_blank" >RIV/00216224:14560/17:00096102 - isvavai.cz</a>

  • Result on the web

    <a href="http://fim2.uhk.cz/hed/images/KOMPLET_en_17.pdf" target="_blank" >http://fim2.uhk.cz/hed/images/KOMPLET_en_17.pdf</a>

  • DOI - Digital Object Identifier

Alternative languages

  • Result language

    angličtina

  • Original language name

    Australia: Is it time for tax reform?

  • Original language description

    This paper investigates the tax reduction effects of the productive sector in Australian economy using a new Keynesian dynamic stochastic general equilibrium model for a small closed economy. The goal is to decide whether currently discussed need of tax reform in Australia is relevant and if the proposed solution can improve the situation. The effects on economy are examined using impulse response functions of shocks in the stochastic components of the taxes on labour and capital income. According to our results we suggest to implement a reform of reducing current direct taxes in favour of indirect taxes.

  • Czech name

  • Czech description

Classification

  • Type

    D - Article in proceedings

  • CEP classification

  • OECD FORD branch

    50200 - Economics and Business

Result continuities

  • Project

  • Continuities

    S - Specificky vyzkum na vysokych skolach

Others

  • Publication year

    2017

  • Confidentiality

    S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Data specific for result type

  • Article name in the collection

    Hradec Economic Days 2017

  • ISBN

    9788074356643

  • ISSN

    2464-6067

  • e-ISSN

  • Number of pages

    7

  • Pages from-to

    407-413

  • Publisher name

    University of Hradec Králové

  • Place of publication

    Hradec Králové

  • Event location

    Hradec Králové

  • Event date

    Jan 1, 2017

  • Type of event by nationality

    WRD - Celosvětová akce

  • UT code for WoS article

    000411661000048