By N. G. J. Janssen, C. J. M. Kool (auth.), Clemens M. J. Kool Ph.D, Joan Muysken Ph.D, Tom van Veen (eds.)
Essays on cash, Banking and Regulation honors the pursuits and achievements of the Dutch economist Conrad Oort. The publication is split into 4 elements. half 1 - economic and financial coverage - studies quite a few issues starting from the size of cash to the keep an eye on and administration of presidency expenses. half 2 - foreign associations and overseas monetary coverage - seems on the overseas size of economic and financial coverage, with large dialogue of the foreign financial Fund and the eu financial Union. half three - the way forward for overseas banking and the monetary zone within the Netherlands - is an insider's view of the strategic offerings dealing with monetary associations within the close to destiny. ultimately, half four - Taxation and reforms within the Dutch tax method - is closest to Oort's study and perform due to the fact that he has develop into referred to as an architect of the 1990 Dutch tax reform; this half is devoted particularly to the tax reforms prompt through Oort.
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Extra info for Essays on Money, Banking, and Regulation: Essays in Honour of C. J. Oort
From taxes on labour onto consumption (including environmental taxes such as taxation on CO2 or excise duties on energy) are recommended. The nucleus of the alternative scenarios suggested here is that in the period 1996-2000 public spending will be reduced in order to finance a substantial reduction of the European Union's collective burden. Hence, the inverted Haavelmo effect will be reversed which means that as a consequence of a simultaneous decrease in public spending and taxation a positive balanced-budget multiplier will evolve with positive results for the rate of economic growth and employment.
E. the share of tax revenues and social security contributions in national income) reflects the preference of European policy makers and European citizens to maintain a relatively well equipped social welfare Slate in comparison with the rest of the world. However, it is doubtful whether the European Union can maintain such a d is tinct difference in the collective burden with its main competitors on the world market. In the recent past the internationalization of the world economy increased very rapidly.
Including the effects of the government debt ratio on private investments. 44 A. Knoester Table 7 Effects of an annual 1% of GDP decrease in direct taxes and social security contributions and a simultaneous decrease in public spending in the 1996-2000 period as a joint action of Germany, the Netherlands, the United Kingdom and the United States. 8) Unemployment rate (perc. 0) Note: In this scenario the pushes of 1% of GDP are given permanently from 1996 until 2000, and hence after four years they are four times as large as in 1996, totalling to 4 per cent of GDP.
Essays on Money, Banking, and Regulation: Essays in Honour of C. J. Oort by N. G. J. Janssen, C. J. M. Kool (auth.), Clemens M. J. Kool Ph.D, Joan Muysken Ph.D, Tom van Veen (eds.)