Álvarez-Martínez, María T.; Barrios Cobos, Salvador; … - 2016
on firms' investment decisions. Indeed, as a computable general equilibrium model, it simulates all main macroeconomic …The paper presents a new calibration for CORTAX (short for CORporate TAXation), which is a computable general … equilibrium (CGE) model covering all EU member states, the US, Japan and a tax haven. The CORTAX model was originally built by the …