RT Journal Article
T1 A Full-Fledged Analytical Model for the Laffer Curve in Personal Income Taxation
T2 Un modelo analítico completo de la curva de Laffer para el impuesto sobre la renta de las personas físicas
A1 Sanz Sanz, José Félix
AB The standard approach to evaluate the Laffer curve of personal income taxation focuses on the impact on income tax revenue alone. However, this is an incomplete depiction of reality, as income tax rate changes also affect revenue collection from other taxes -i.e. consumption taxes and social security contributions. In addition, to the extent that administration and compliance costs correlate with tax rates, the Laffer curve should also consider this correlation. This paper develops a complete microeconomic model for the Laffer curve of personal income tax, taking into account all these omissions. Results confirm that these omissions generate the false illusion of a Laffer curve with a higher-than-real revenue maximum and a narrower prohibitive zone than exists in reality.
PB Elsevier
SN 0313-5926
YR 2022
FD 2022-01-21
LK https://hdl.handle.net/20.500.14352/71514
UL https://hdl.handle.net/20.500.14352/71514
LA eng
NO Sanz-Sanz J.F. (2022) “A Full-Fledged Analytical Model for the Laffer Curve in Personal Income Taxation”, Economic Analysis and Policy, Vol. 73, 795-811. DOI: https://doi.org/10.1016/j.eap.2022.01.008
NO CRUE-CSIC (Acuerdos Transformativos 2022)Este artículo se publicó en 2022 en la revista Economic Analysis and Policy. En el año de publicación (2022) la revista Economic Analysis and Policy tuvo un Journal Impact Factor (JIF) de 6.5 y un Journal Citation Indicator (JCI) de 1.91. En el JCR está clasificada bajo la categoría Economics-SSCI ocupando el puesto 31 de 380 revistas. Su cuartil es Q1 y su percentil 92.
NO Instituto de Estudios Fiscales del Ministerio de Hacienda
DS Docta Complutense
RD 20 abr 2025