Book Received
INDEX
  • Section A) The theory and practise of the federal states and multi-level systems of government
  • Section B) Global governance and international organizations
  • Section C) Regional integration processes
  • Section D) Federalism as a political idea
  • Section C) Regional integration processes
    Subsection 6.The European unification process
    Kudła, Janusz, Walczyk Konrad, Kruszewski Robert, Kopczewska Katarzyna, Kocia Agata
    Modeling Fiscal Policy in the European Union
    Ed. Peter Lang , Bruxelles, Bern, Berlin, Frankfurt am Main, New York, Oxford, Wien , 2015
    Page 139

    ISBN 978-3-631-65830-7
    The book discusses optimal fiscal policy for an internationally integrating economy when public borrowing is constrained. Various innovations have been introduced: the agglomeration effect, the fiscal solvency concept, the harmonization of capital income tax base with formula apportionment and transaction tax on financial transactions. Tax structure consists of taxes on labor, capital and consumption, and bonds – the study looks at equilibrium tax rates under international tax competition pressure, and estimates them econometrically. It also offers policy recommendations as a contribution to the discussion about the desired scope of fiscal integration in the European Union.
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    Table of contents

    Extract
    Series: Polish Studies in Economics - Volume 5
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