Talk:Tanzi effect
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Untitled
[edit]Being an Spanish speaker, and, therefore, not being capable of editing this article, I must warn you that the description of the Olivera-Tanzi effect is completely wrong. The government suffers a loss in fiscal revenue not because consumers buy less or businesses don't work well, but because there is a delay between tax calculation and tax collection in which the money collected losses value. Even if the government can get an increased revenue based on seigniorage, the money losses value so quickly that it becomes impossible to compensate loss in taxes revenues real value with seigniorage. On the other hand, there's an important problem with the period in which government expenditure takes place and that in which taxes are collected. That is, while government expenditure increases pari passu with inflation, tax collection takes place much later. In fact, the text quoted in the article says, explicitly: "The phenomenon is attributed most usually to lags between the fact that originates the tax and the effective collection of these taxes." Of course, that doesn't mean that the government can't loose tax revenues because of the recession induced by inflation, but that's not what the Olivera-Tanzi effect is about. That said, I apologize for my bad English, and hope you correct the article soon. -- User:Joanot Loblanc
- You are correct. I just fixed the article.--Neo139 (talk) 00:11, 7 May 2017 (UTC)
Research
[edit]The phrase "The effect has been known, informally and without much careful research, since the ending period after WWI, but two researchers Julio Olivera and Vito Tanzi ... were the first ones to put a good deal of research into it and formulate a paper on the subject, later working with the Group of Thirty to refine it" makes it seem as if these two researchers collaborated in order to create this effect. This was not the case. Olivera merely identified the phenomenon in a public article, and didn't make any further conjectures as to why that may be. Vito Tanzi was the one that actually did the research and reached the correct conclusions. -- User:141.133.159.41
When I click “Vito Tanzi” there is no redirect
[edit]It says no page has been created I have previously been able to click this link and taken to a page about him- was it deleted? If so for what reason? 96.255.178.158 (talk) 01:42, 5 February 2024 (UTC)
- @Neo139hello I saw you responded to a past comment so was hoping you could help with my note above^ if not sorry to bother you! 96.255.178.158 (talk) 22:05, 5 February 2024 (UTC)