Showing 1 - 10 of 77
of different approaches to fiscal equalization schemes (Boadway and Flatters, 1982, and Weingast, 2006). We show that tax …
Persistent link: https://www.econbiz.de/10005666786
This paper studies optimal dynamic tax policy under the threat of political reform. A policy will be reformed ex post if a large enough political coalition supports reform; thus, sustainable policies are those that will continue to attract enough political support in the future. We find that...
Persistent link: https://www.econbiz.de/10011168909
The provision of subsidized child care may encourage women to participate in the paid labor force. This paper analyzes the effects of the price and availability of subsidized child care on labor force participation, using data from a Swedish household survey for 1984 in combination with data on...
Persistent link: https://www.econbiz.de/10005656121
We use micro data from the U.S. Internal Revenue Service to document how Federal Income tax liabilities vary with income, marital status and the number of dependents. We report facts on the distributions of average taxes, properties of the joint distributions of taxes paid and income, and...
Persistent link: https://www.econbiz.de/10011083516
This essay attempts to use the pure theory of welfare economics to address the ethical issues that underlie the choice of future population size. The essay begins with a summary of welfare economic theory as it pertains to situations where population size is not subject to choice, and notes that...
Persistent link: https://www.econbiz.de/10005666921
This paper provides factual evidence on the extent of public intervention in the Italian economy. It further … explain why, in spite of all the excesses and limits of the policy-making, the performance of the Italian economy is … these goals through the underground economy, by evading taxes and union rules in small private enterprises, but it is …
Persistent link: https://www.econbiz.de/10005498095
This Paper is an empirical study of fiscal policy in countries with extreme monetary regimes. We study members of … boards. We find that belonging to an international common currency area is not associated with fiscal discipline; if anything … unilaterally adopt the currency of another country. Currency boards are associated with fiscal restraint. …
Persistent link: https://www.econbiz.de/10005791738
increase in Ottoman exports, which in turn causes a 10 percent increase in capital inflows from the three source countries. Our …
Persistent link: https://www.econbiz.de/10009283394
We provide evidence on the real effects of credit supply shocks utilizing a new firm-level database from six Latin American countries between 1990 to 2005. Holding creditworthiness constant through foreign currency debt exposure, we compare investment undertaken by domestic exporters to that of...
Persistent link: https://www.econbiz.de/10009275697
This paper analyzes the reaction of exporters to exchange rate changes. We present a model where, in the presence of distribution costs in the export market, high and low productivity firms react differently to a depreciation . Whereas high productivity firms optimally raise their markup rather...
Persistent link: https://www.econbiz.de/10008506840