Monetary and fiscal policy aspects of indirect tax changes in a monetary union
von Thadden, Leopold
- Publisher: Frankfurt a. M.: European Central Bank (ECB)
E61 | Currency union | currency union, fiscal regimes, monetary policy | E63 | F42 | Zwei-Länder-Modell | fiscal regimes | monetary policy | Steuerpolitik | Finanzpolitik | Währungsunion | Geldpolitik
In recent years a number of European countries have shifted their tax structure more strongly towards indirect taxes, motivated, inter alia, by the intention to foster competitiveness. Against this background, this paper develops a tractable two-country model of a monet...