JEL classification

Ex ante evaluation of the reform of company car taxation in Belgium [12/10/2022]

In Belgium, the Law on Fiscal and Social Greening of Mobility of 25 November 2021 eliminates corporate tax deductibility for all company cars except those with zero CO2 emissions.  The main effect of the tax reform is an accelerated electrification of the company car fleet and an accelerated decline in CO2 emissions. Compared to the no-reform scenario, the reform leads to an increase in net tax revenues of about 1 billion euro on an annual basis. 

Crise sanitaire et ses séquelles à moyen terme : pourquoi les finances de l’entité II s’en sortent-elles mieux que celles de l’entité I ?
Gezondheidscrisis en de naweeën ervan op middellange termijn: waarom hebben de financiën van Entiteit II die beter doorstaan dan die van Entiteit I? [14/07/2020]

La 6e réforme de l'État : enjeux en termes de soutenabilité budgétaire [10/01/2014]

The state reform was elaborated at a moment when large fiscal consolidation measures were required to restore the long-term sustainability of Belgian public finances. The 2011 institutional agreement provided that the federated entities contribute, through the reform, to the fiscal consolidation. That contribution can be justified by the fact that the reform, by reducing the budgetary size of the federal level, decreases the federal level’s room for manoeuvre and its capacity to resolve on its own the sustainability issue. The magnitude of the contribution necessary to prevent the sustainability challenge from deteriorating is assessed and compared to the redistribution of the public deficit as organized by the reform. The assessment is made in a constant policy scenario and for different assumptions about the reform's life span. This study shows that the transfer of fiscal burden to the federated entities is, a priori, sufficient not to aggravate the sustainability problem considering the reduced size of the federal level’s budget. The federated entities have gained scale and powers but will have to contribute substantially to the efforts to restore fiscal sustainability.

Contribution au 20e Congrès des Economistes belges de langue française - La 6e réforme de l'Etat : enjeux en termes de soutenabilité budgétaire [21/11/2013]

A new version of the HERMES model - HERMES III [08/11/2013]

This Working Paper is aimed at describing the current version of Federal Planning Bureau’s medium-term macrosectoral model, named HERMES. This model is used to produce on a regular basis medium-term outlooks for the Belgian economy. In addition to the main macroeconomic aggregates (GDP, private consumption, external trade, investments,…), those outlooks also concern labour market aggregates, detailed public finances, energy  consumption and greenhouse gas emissions. The HERMES model is also used to compute the impact of policy measures and external shocks on the Belgian economy.

Révision du fédéralisme budgétaire belge : questions de politique de soutenabilité budgétaire et de politique budgétaire dans le cycle
Herziening van het Belgisch budgettair federalisme: vragen omtrent de budgettaire houdbaarheid en omtrent budgettair beleid en economische cyclus [24/11/2010]

Financement public de l’économie belge : mise en perspective générale [15/01/2008]

Modélisation trimestrielle des recettes de TVA dans Modtrim II
Modellering op kwartaalbasis van de BTW-ontvangsten in Modtrim II [01/06/2004]