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Tax Rates and Tax Evasion: Evidence from 'Missing Imports' in China
Fisman, Raymond; Wei, Shang-Jin - C.E.P.R. Discussion Papers - 2001
Tax evasion, by its very nature, is difficult to observe. In this Paper, we present a case study of tax evasion in China. The novel feature of our approach is that at a very disaggregated level of individual products, we can measure evasion relatively precisely, by comparing the values that...
Persistent link: https://www.econbiz.de/10005667095
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How Does Tax Progressivity and Household Heterogeneity Affect Laffer Curves?
Holter, Hans A.; Krueger, Dirk; Stepanchuk, Serhiy - C.E.P.R. Discussion Papers - 2014
How much additional tax revenue can the government generate by increasing labor income taxes? In this paper we provide a quantitative answer to this question, and study the importance of the progressivity of the tax schedule for the ability of the government to generate tax revenues. We develop...
Persistent link: https://www.econbiz.de/10011084559
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Can Public Spending Cuts be Inflationary?
Buiter, Willem H. - C.E.P.R. Discussion Papers - 1988
The paper uses a 'demand for seigniorage revenue' and 'supply of seigniorage revenue' approach to determine the consequences of cuts in public spending for the rate of inflation. Monetary financing is viewed as the residual financing mode, with tax rates and public debt/GDP ratios held constant....
Persistent link: https://www.econbiz.de/10005791419
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How Far Are We From the Slippery Slope? The Laffer Curve Revisited
Trabandt, Mathias; Uhlig, Harald - C.E.P.R. Discussion Papers - 2006
The goal of this paper is to examine the shape of the Laffer curve quantitatively in a simple neoclassical growth model calibrated to the US as well as to the EU-15 economy. We show that the US and the EU-15 area are located on the left side of their labor and capital tax Laffer curves, but the...
Persistent link: https://www.econbiz.de/10005791423
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Political Connections and Firm Value: Evidence from the Regression Discontinuity Design of Close Gubernatorial Elections
Do, Quoc-Anh; Lee, Yen-Teik; Nguyen, Bang Dang - C.E.P.R. Discussion Papers - 2015
Using the regression discontinuity design of close gubernatorial elections in the U.S., we identify a significant and positive impact of the social networks of corporate directors and politicians on firm value. Firms connected to elected governors increase their value by 3.89%. Political...
Persistent link: https://www.econbiz.de/10011249372
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Do Oil Windfalls Improve Living Standards? Evidence from Brazil
Caselli, Francesco; Michaels, Guy - C.E.P.R. Discussion Papers - 2009
We use variation in oil output among Brazilian municipalities to investigate the effects of resource windfalls. We find muted effects of oil through market channels: offshore oil has no effect on municipal non-oil GDP or its composition, while onshore oil has only modest effects on non-oil GDP...
Persistent link: https://www.econbiz.de/10008509470
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The Political Resource Curse
Brollo, Fernanda; Nannicini, Tommaso; Perotti, Roberto; … - C.E.P.R. Discussion Papers - 2010
implications of the theory and identify the causal effect of larger federal transfers on political corruption and the observed …The paper studies the effect of additional government revenues on political corruption and on the quality of … politicians, both with theory and data. The theory is based on a version of the career concerns model of political agency with …
Persistent link: https://www.econbiz.de/10008468543
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Fiscal Centralization and the Political Process
Albornoz-Crespo, Facundo; Cabrales, Antonio - C.E.P.R. Discussion Papers - 2010
. We show that corruption opportunities are lower under centralization at each period of time. However, centralization … makes more difficult for citizens to detect corrupt incumbents. Thus, corruption is easier under centralization for low …
Persistent link: https://www.econbiz.de/10008468714
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Parochial Politics: Ethnic Preferences and Politician Corruption
Banerjee, Abhijit; Pande, Rohini - C.E.P.R. Discussion Papers - 2007
politician corruption that we conducted in North India is remarkably consistent with our theoretical predictions. …
Persistent link: https://www.econbiz.de/10005123795
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Red Tape and Corruption
Guriev, Sergei - C.E.P.R. Discussion Papers - 2003
We study the emergence and interaction of red tape and corruption in a principal-bureaucrat-agent hierarchy. The … the social optimum if the bureaucrat in charge of red tape is corrupt. We consider two types of corruption. First, the … bribes to conceal the information produced through red tape. The former kind of corruption tends to reduce red tape, while …
Persistent link: https://www.econbiz.de/10005123811