Taxation and Regulation of the Financial Sector (CESifo Seminar Series) - Tapa dura

Analytical and empirical perspectives on the interplay of taxation and regulation in the financial sector. The global financial crisis has prompted economists to rethink fundamental questions on how governments should intervene in the financial sector. Many countries have already begun to reform the taxation and regulation of the financial sector-in the United States, for example, the Dodd-Frank Act became law in 2010; in Europe, different countries have introduced additional taxes on the sector and made substantial progress toward a banking union for the eurozone. Only recently, however, has a new field in economics emerged to study the interplay between public finance and banking. This book offers the latest thinking on the topic by American and European economists. The contributors first explore new conceptual ground, offering rigorous theoretical analyses that help us better understand how tax policy and regulation can contribute to avoiding another crisis or reducing its impact. Contributors then investigate the behavior of financial institutions in response to various forms of taxation and regulation, offering empirical evidence that is vital for policy design. Contributors Thiess Buettner, Jin Cao, Giuseppina Cannas, Gunther Capelle-Blancard, Jessica Cariboni, Brian Coulter, Ernesto Crivelli, Ruud de Mooij, Michael P. Devereux, Katharina Erbe, Ricardo Fenochietto, Marco Petracco Giudici, Timothy J. Goodspeed, Reint Gropp, Olena Havyrlchyk, Michael Keen, Lawrence L. Kreicher, Julia Lendvai, Ben Lockwood, Massimo Marchesi, Donato Masciandaro, Colin Mayer, Robert N. McCauley, Patrick McGuire, Gaetan Nicodeme, Masanori Orihara, Francesco Passarelli, Carola Pessino, Rafal Raciborski, John Vickers, Lukas Vogel, Stefano Zedda

Ruud de Mooij is Deputy Chief in the Tax Policy Division of the International Monetary Fund's Fiscal Affairs Department. Gaetan Nicodeme is Head of Unit in the Economic Analysis, Evaluation, and Impact Assessment Support unit of the European Commission's General Directorate for Taxation and Customs Union and a Lecturer at the Solvay Brussels School of Economics and Management at the Free University of Brussels. Ruud de Mooij is Deputy Chief in the Tax Policy Division of the International Monetary Fund's Fiscal Affairs Department. Gaetan Nicodeme is Head of Unit in the Economic Analysis, Evaluation, and Impact Assessment Support unit of the European Commission's General Directorate for Taxation and Customs Union and a Lecturer at the Solvay Brussels School of Economics and Management at the Free University of Brussels. Sir John Vickers is Drummond Professor of Political Economy at Oxford University. Thiess Buettner is Professor of Public Finance at the University of Erlangen-Nuremberg. Michael Keen is Head of the Tax Policy Division in the International Monetary Fund's Fiscal Affairs Department in Washington.