This article is a first attempt to provide a quantitative evaluation of the welfare gains resulting
from the introduction of flat income taxation in Bulgaria in 2008. Using a calibrated …

This paper provides a general equilibrium model of income tax evasion. As functions of the
share of income reported, the paper contributes an analytic derivation of the tax elasticity of …

This paper provides a quantitative evaluation of the welfare effect of the introduction of
proportional taxation in Bulgaria in 2008, an effect that operates through the grey economy …

This paper investigates the consequences of the corporate tax reform in Estonia in 2000.
This unique reform nullified the taxation of retained earnings and maintained corporate …

This article uncovers the pre-1991 origins of Baltic neoliberal regimes. It highlights the role
of the communication networks between reformist economists in the Baltic National Fronts …

The analysis of dynamic economic models routinely leads to the mathematical problem of
determining an unknown function for which no closed-form solution exists. Economists must …

We show that in an endogenous growth model with human accumulation calibrated to
Bulgarian data under the progressive taxation regime (1993-2007), the artificial economy …

The Ramsey dynamic general equilibrium (RDGE) model has been applied broadly within
mainstream macroeconomic analysis. While the labor market of the RDGE model has long …

Abstract Systems of profit taxation are undergoing continuous change and are subject to
numerous studies. This paper estimates the effect of the corporate tax reform in Estonia in …

International tax competition has led to a lowering of corporate tax rates worldwide. Estonia
was the first country to reduce the tax rate on retained earnings to zero, while distributed …