Zusammenfassung Als mögliche Ausgestaltung einer Steuerautonomie der Länder wird ein Zuschlagsmodell bei der Einkommensteuer diskutiert. Anhand der tatsächlichen Aufkommenszahlen der letzten Jahre berechnete Projektionen zeigen, dass auch bei einer moderaten Reform entweder erhebliche...

When students receive better grades without any corresponding increase in ability, this is called grade inflation. Conventional wisdom says that such grade inflation is unavoidable since it is essentially costless to award good grades. In this article, we point out an effect driving into the...

In principle, the set of attainable payoff vectors is reduced if assets cannot be sold short. However, the authors show that the original space of payoff vectors is spanned despite short sale restrictions if there is one additional asset whose payoff is a positively weighted sum of the payoffs...

This paper explores conditions under which revenue-sharing grants will achieve efficiency. We develop a general formulation of the state's decision problem of implementing a set of local policies. A theoretical analysis shows that if the state government pursues own policies and cannot levy...

Is it possible to replace the income tax by a consumption tax or a wage tax such that (1) a dynamic (intergenerational) Pareto improvement is obtained and (2) only the information available from enforcing the income tax is used? In this article, it is shown that such a transition is feasible if...