Showing 1 - 10 of 143
and the data we have, propensity score matching methods are the most robust approach to estimating ethnic parity. We … by matching. In many cases, it turns out not to be possible to calculate satisfactory quantitative estimates even with … matching techniques: the characteristics of Whites and Ethnic Minorities are simply too different before the Jobcentre Plus …
Persistent link: https://www.econbiz.de/10005667048
Low corporate taxes can help attract new firms. This is the main mechanism underpinning the standard 'race-to-the-bottom' view of tax competition. A recent theoretical literature has qualified this view by formalizing the argument that agglomeration forces can reduce firms' sensitivity to tax...
Persistent link: https://www.econbiz.de/10005791554
This paper studies the aggregate economic effects of diversity policies such as affirmative action in college admission. If agents are constrained in the side payments they can make, the free market allocation displays excessive segregation relative to the first-best. Affirmative action policies...
Persistent link: https://www.econbiz.de/10011145471
We study how industry-level agglomeration economies affect government policy. Using administrative data on firm subsidies in economically lagging regions of Great Britain, we test two alternative hypotheses. Economic geography models imply that firms at an industry’s core can sustain higher...
Persistent link: https://www.econbiz.de/10011272712
Tax reform proposals in the spirit of the 'flat tax' model typically aim to reduce three parameters: the average tax burden, the progressivity of the tax schedule, and the complexity of the tax code. We explore the implications of changes in these three parameters on entrepreneurial activity,...
Persistent link: https://www.econbiz.de/10008468564
In this paper we propose estimates of the marginal cost of public funds (MCF) in 38 African countries. We develop a simple general equilibrium mode inspired by the “1-2-3” model of Devarajan et al. (1994) that can handle taxes on the five major tax classes, takes account of the informal...
Persistent link: https://www.econbiz.de/10005124022
Academic and policy debates generally consider levying tax on corporate profit on either a residence basis or on a source basis. We explore two alternatives, based on the location of consumption, rather than production – destination-based, as opposed to source-based or residence-based, taxes....
Persistent link: https://www.econbiz.de/10005124352
We construct a locational model of majority voting when competing parties offer special favours to interest groups. Each group's membership is heterogeneous in its affinities for the two parties. Individuals face a trade-off between party affinity and their own transfer receipts.The model is...
Persistent link: https://www.econbiz.de/10005124442
This paper studies the role of the wealth distribution for the market selection of entrepreneurs when agents differ in talent. It argues that the redistribution of initial endowments can increase an economy's surplus because more talented individuals get credit for their risky investment...
Persistent link: https://www.econbiz.de/10005124458
The standard international tax model is extended to allow for heterogeneous firms when agglomeration forces are important thus allowing us to study the relocation effects of taxes that vary according to firm size. We show that allowing for heterogeneity permits a given tax scheme to have an...
Persistent link: https://www.econbiz.de/10005034761