Tax policy in the Slovak and Czech Economies
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216224%3A14560%2F21%3A00120957" target="_blank" >RIV/00216224:14560/21:00120957 - isvavai.cz</a>
Result on the web
<a href="https://polek.vse.cz/artkey/pol-202106-0004_tax-policy-in-the-slovak-and-czech-economies.php?back=/magno/pol/2021/mn6.php?secid=1" target="_blank" >https://polek.vse.cz/artkey/pol-202106-0004_tax-policy-in-the-slovak-and-czech-economies.php?back=/magno/pol/2021/mn6.php?secid=1</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.18267/j.polek.1336" target="_blank" >10.18267/j.polek.1336</a>
Alternative languages
Result language
angličtina
Original language name
Tax policy in the Slovak and Czech Economies
Original language description
Today, society is struggling with the uncertainty caused by the pandemic of coronavirus disease 2019. Government budgets will face a real challenge in the coming years. This paper provides an overview of current public finances and their condition over the past 20 years in the Slovak and Czech republics. It investigates the possible effects of different tax type changes and also the option to cover budget losses. A simple DSGE model with three sectors was calibrated using data from 2018 and a stochastic analysis was performed. It was shown that the economy was more sensitive to shocks on social security contributions than to those on other taxes. The results support the reform of decreasing labour taxes, for which both Slovakia and Czechia have been waiting for a long time.
Czech name
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Czech description
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Classification
Type
J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database
CEP classification
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OECD FORD branch
50202 - Applied Economics, Econometrics
Result continuities
Project
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Continuities
S - Specificky vyzkum na vysokych skolach
Others
Publication year
2021
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Politická ekonomie
ISSN
0032-3233
e-ISSN
2336-8225
Volume of the periodical
69
Issue of the periodical within the volume
6
Country of publishing house
CZ - CZECH REPUBLIC
Number of pages
19
Pages from-to
689-707
UT code for WoS article
000748999900004
EID of the result in the Scopus database
2-s2.0-85123766299