WorldCat Identities

Keen, Michael

Works: 91 works in 367 publications in 2 languages and 4,769 library holdings
Genres: Conference proceedings 
Roles: Author, Editor, Honoree
Classifications: HJ5711, 336.2714
Publication Timeline
Most widely held works by Michael Keen
Labor market institutions and public regulation( Book )

9 editions published in 2004 in English and held by 223 WorldCat member libraries worldwide

"The six studies collected in this CESifo volume analyze the sometimes unpredictable effects of public regulation on the labor market. Examining a wide range of policy interventions - from subsidized employment to an increased tax on capital - and using a variety of methodologies to analyze them, these contributions by leading scholars of the European labor market will advance the policy debate over regulation at a time of serious labor market problems in Europe and elsewhere."--Jacket
Changing customs : challenges and strategies for the reform of customs administration by International Monetary Fund( Book )

7 editions published in 2003 in English and held by 132 WorldCat member libraries worldwide

This book, based on the practical experience of the IMF's Fiscal Affairs Department, sets out a strategy for successfully modernizing customs administration. The essence is to establish transparent and simple rules and procedures, and to foster voluntary compliance by building a system of self-assessment supported by well designed audit policies. Having set out this strategy--and its benefits--the book discusses in depth what is required in terms of trade policy, valuation procedures, dealing with duty reliefs and exemptions, controlling transit movements, organizational reform, use of new technologies, private sector involvement, and designing incentive systems into an effective customs administration.--Publisher's description
Factors determining the performance of indexing systems by C. W Cleverdon( Book )

15 editions published in 1966 in English and Undetermined and held by 124 WorldCat member libraries worldwide

The taxation of petroleum and minerals : principles, problems and practice by Philip Daniel( Book )

9 editions published in 2010 in English and held by 113 WorldCat member libraries worldwide

Oil, gas, and mineral deposits are a substantial part of the wealth of many countries, not least in developing and emerging market economies. Harnessing some part of that wealth for fiscal purposes is critical for economic development: in few areas of economic life are the returns to good policy so large, or mistakes so costly
Fiscal policy to mitigate climate change : a guide for policymakers by Ruud A. de Mooij( Book )

11 editions published between 2011 and 2012 in English and held by 93 WorldCat member libraries worldwide

Efforts to control atmospheric accumulations of greenhouse gases that threaten to heat up the planet are in their infancy. Although the IMF is not an environmental organization, environmental issues matter for the organization's mission when they have major implications for macroeconomic performance and fiscal policy. Climate change clearly passes both these tests. This volume provides practical guidelines for the design of fiscal policies (carbon taxes and emissions trading systems with allowance auctions) to reduce greenhouse gases. Not only are these instruments potentially the most effecti
Optimal nonlinear income taxation for the alleviation of poverty by S. M. Ravi Kanbur( Book )

15 editions published between 1990 and 1991 in English and held by 44 WorldCat member libraries worldwide

Vertical tax externalities in the theory of fiscal federalism by Michael Keen( Book )

8 editions published in 1997 in English and held by 27 WorldCat member libraries worldwide

It is indeed possible that a tax might be laid on a particular article by a State which might render it inexpedient that..a further laid on the same article by the Union
Coordinating tariff reduction and domestic tax reform by Michael Keen( Book )

7 editions published in 1999 in English and held by 24 WorldCat member libraries worldwide

Pareto efficiency in international taxation by Michael Keen( Book )

4 editions published in 2000 in English and held by 19 WorldCat member libraries worldwide

The "flat tax(es)" : principles and evidence by Michael Keen( Book )

16 editions published in 2006 in English and held by 15 WorldCat member libraries worldwide

One of the most striking tax developments in recent years, and one that continues to attract considerable attention, is the adoption by several countries of a form of "flat tax." Discussion of these quite radical reforms has been marked, however, more by assertion and rhetoric than by analysis and evidence. This paper reviews experience with the flat tax, seeking to redress the balance. It stresses that the flat taxes that have been adopted differ fundamentally, and that empirical evidence on their effects is very limited. This precludes simple generalization, but several lessons emerge: there is no sign of Laffer-type behavioral responses generating revenue increases from the tax cut elements of these reforms; their impact on compliance is theoretically ambiguous, but there is evidence for Russia that compliance did improve; the distributional effects of the flat taxes are not unambiguously regressive, and in some cases they may have increased progressivity, including through the impact on compliance; adoption of the flat tax has not resolved common challenges in taxing capital income; and it may have strengthened, not weakened, the automatic stabilizers. Looking forward, the question is not so much whether more countries will adopt a flat tax as whether those that have will move away from it
VAT, tariffs, and withholding : border taxes and informality in developing countries by Michael Keen( Book )

10 editions published in 2007 in English and held by 14 WorldCat member libraries worldwide

This paper explores the implications of a distinctive feature of the value added tax (VAT) that is stressed by practitioners but essentially ignored by theorists: that it functions, in part, as a tax on the purchases of informal operators from formal sector businesses and, not least, on their imports. It stresses too the potential importance of the creditable withholding taxes that are levied by many developing countries-which have also been ignored. If both of these instruments are optimally deployed, it is shown, then the usual prescription that a small economy should not deploy tariffs remains valid even in the presence of an informal sector; and indeed a simple strategy is established-generalizing the standard prescription developed in models without informality-for deploying these instruments so as to preserve government revenue and increase welfare in the face of efficiency-improving tariff cuts. Conditions are established under which a VAT alone is fully optimal, precisely because it is in part a tax on informal sector production. But they are restrictive: more generally, an efficient tax structure requires deploying both a VAT and withholding taxes
The modern VAT by Liam P Ebrill( Book )

4 editions published between 2001 and 2003 in English and Russian and held by 13 WorldCat member libraries worldwide

Indirect taxes on international aviation by Michael Keen( Book )

9 editions published in 2006 in English and held by 10 WorldCat member libraries worldwide

This paper examines the case for internationally coordinated indirect taxes on aviation (as a source of general revenue-not (necessarily) as a source of development finance). The case for such taxes is strong: the tax burden on international aviation is currently limited, yet it contributes significantly to border-crossing environmental damage. A tax on aviation fuel would address the key border-crossing externalities most directly; a ticket tax could raise more revenue; departure taxes face the least legal obstacles. Optimal policy requires deploying both fuel and ticket taxes. A fuel tax of 20 U.S. cents per gallon (10 percent, at today's fuel prices, corresponding to assessed environmental damage), or alternatively ticket taxes of 2.5 percent, would raise about US$10 billion if imposed worldwide, and US$3 billion if applied only in Europe
The taxation and regulation of banks by Michael Keen( )

4 editions published in 2011 in English and held by 1 WorldCat member library worldwide

The financial crisis has prompted a reconsideration of the taxation of financial institutions, with practice outstripping principle: France, Germany, the United Kingdom and several other European countries have now introduced some form of bank tax, and the U.S. administration has revived its own proposal for such a charge. This paper considers the structure, appropriate rate, and revenue yield of corrective taxation of financial institutions addressed to two externalities, consequent on excessive risk-taking, prominent in the crisis: those that arise when such institutions are simply allowed t
The anatomy of the VAT by Michael Keen( Book )

3 editions published in 2013 in English and held by 1 WorldCat member library worldwide

"This paper sets out some tools for understanding the performance of the value added tax (VAT). Applying a decomposition of VAT revenues (as a share of GDP) to the universe of VATs over the last twenty years, it emerges that developments have been driven much less by changes in standard rates than by changes in 'C-efficiency' (an indicator of the departure of the VAT from a perfectly enforced tax levied at a uniform rate on all consumption). Decomposing C-efficiency into a 'policy gap' (in turn divided into effects of rate differentiation and exemption) and a 'compliance' gap (reflecting imperfect implementation), results pieced together for EU members suggest that the former are in almost all cases far larger than the latter, with rate differentiation and exemptions playing roles that differ quite widely across countries"--Abstract
Taxation, bank leverage, and financial crises by Ruud A. de Mooij( Book )

4 editions published in 2013 in English and held by 1 WorldCat member library worldwide

"That most corporate tax systems favor debt over equity finance is now widely recognized as, potentially, amplifying risks to financial stability. This paper makes a first attempt to explore, empirically, the link between this tax bias and the probability of financial crisis. It finds that greater tax bias is associated with significantly higher aggregate bank leverage, and that this in turn is associated with a significantly greater chance of crisis. The implication is that tax bias makes crises much more likely, and, conversely, that the welfare gains from policies to alleviate it can be substantial - far greater than previous studies, which have ignored financial stability considerations, suggest"--Abstract
Targeting, cascading, and indirect tax design by Michael Keen( Book )

4 editions published in 2013 in English and held by 1 WorldCat member library worldwide

4. Deadweight Loss when Input Distortion Arises at Two StagesIV. Concluding; Appendices; A. Derivation of Equation (1); B. Derivation of the Effective Tax Rate T[sub(e)]; C. Deadweight Loss with Substitution at Two Stages; References
Debt, taxes, and banks by Michael Keen( )

3 editions published in 2012 in English and held by 0 WorldCat member libraries worldwide

Understanding the impact of the asymmetric tax treatment of debt and equity on the capital structures of financial institutions is critical to shaping and assessing responses to the problem of excessive leverage that underlay the 2009 financial crisis - but there is no empirical evidence to draw on. Guided by a simple model of banks' financing decisions in the presence of both regulatory constraints and tax asymmetries, this paper explores the impact of corporate tax bias on bank leverage, the use of hybrid instruments and regulatory capital ratios for a panel of over 14,000 commercial banks in 82 countries over nine years. On average, the sensitivity of banks' debt choices proves very similar to that of non-financial firms, consistent with rough offsetting of two opposing effects suggested by the theory. As the model predicts, somewhat counter-intuitively, the impact of tax on hybrids is generally weak or insignificant. Responsiveness to taxation varies significantly across banks, however: those holding smaller equity buffers, and larger banks, are noticeably less sensitive to tax
Sweden's welfare state : can the bumblebee keep flying? by Subhash Madhav Thakur( )

1 edition published in 2003 in English and held by 0 WorldCat member libraries worldwide

Sweden has long been viewed as epitomizing a particular approach to economic and social policy. To its advocates, the Swedish welfare state builds on a strong social consensus favoring extensive state intervention to ensure a high quality of life for all Swedes. To its critics, the Swedish system is marked by excessive government intervention and attendant inefficiencies. These contrasting views are captured in imagery used by Prime Minister Göran Persson: "Think of a bumblebee. With its overly heavy body and little wings, supposedly it should not be able to fly--but it does." The Swedish welfare state is the bumblebee that has managed to fly. This book draws on many years of IMF surveillance and policy advice to explain how it has done so, to assess the challenges that the Swedish model faces in the new century, to propose a strategy for dealing with those challenges, and to draw lessons for the many other countries that face similar challenges from globalization and demographics
Taxation and development, again by Michael Keen( )

5 editions published in 2012 in English and held by 0 WorldCat member libraries worldwide

Cover; Contents; I. Introduction; II. Developing Countries Differ-Yes, and...?; Table 1. Tax Performance in Sub-Saharan Africa; III. The Checkered History of Big Ideas; IV. Informality is Not the Issue; V. State Building and Taxation-What's New?; VI. Conclusions; References
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Labor market institutions and public regulation
Alternative Names
Keen, M.

Keen, M. 1956-

Keen, M. J.

Keen, M. J. 1956-

Keen, M. J. (Michael James), 1956-

Keen, Michael

Keen, Michael J. 1956-

Keen, Michael James

Keen Michael James 1956-....

English (146)

Russian (1)

Changing customs : challenges and strategies for the reform of customs administrationThe taxation of petroleum and minerals : principles, problems and practiceThe modern VAT