دانلود مقاله ISI انگلیسی شماره 96799
ترجمه فارسی عنوان مقاله

باز کردن دروازه های بهشت: اثرات تعادل عمومی تبادل اطلاعات

عنوان انگلیسی
Unlocking the gates of paradise: General equilibrium effects of information exchange
کد مقاله سال انتشار تعداد صفحات مقاله انگلیسی
96799 2018 21 صفحه PDF
منبع

Publisher : Elsevier - Science Direct (الزویر - ساینس دایرکت)

Journal : Journal of Economic Dynamics and Control, Volume 87, February 2018, Pages 152-172

پیش نمایش مقاله
پیش نمایش مقاله  باز کردن دروازه های بهشت: اثرات تعادل عمومی تبادل اطلاعات

In a move to reduce bank secrecy and fight international tax evasion, about 100 tax jurisdictions have so far committed to implement a new standard on the Automatic Exchange of Information (AEoI). This paper examines the quantitative consequences of the AEoI for an onshore country, using a neoclassical model with an offshore financial center. Our main findings are (i) the AEoI increases government revenues but reduces welfare; (ii) welfare improves when using the AEoI revenues to reduce tax pressure or when including household wealth inequality; (iii) government revenues increase further when accounting for a disclosure penalty cost. These results depend on the general equilibrium effects, absent from earlier papers on offshore financial centers.