Macroeconomic Effects of Taxes on Banking
José Boscá (),
Javier Ferri () and
Juan F. Rubio-RamÃrez
No 19/05, Working Papers from BBVA Bank, Economic Research Department
This paper evaluates the macroeconomic effects of taxes on banking in a small open economy in a currency union for three tax alternatives: an additional tax on profits, on deposits, and on loans. We propose a DSGE model with a rich detail of taxes and a banking sector and show that these three taxes are equivalent in their effects on macroeconomic variables.
Keywords: Working Paper; Global Economy; Banks; Global (search for similar items in EconPapers)
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Working Paper: Macroeconomic Effects of Taxes on Banking (2019)
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Persistent link: https://EconPapers.repec.org/RePEc:bbv:wpaper:1905
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