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Recession Depression: Mental Health Effects of the 2008 Stock Market Crash

McInerney, Melissa; Mellor, Jennifer M.; Nicholas, … - CESifo - 2013

-being on health use identification strategies involving income increases; these studies as well as prior research on stock …

Persistent link: https://www.econbiz.de/10010877960

Knowledge is Power - A Theory of Information, Income, and Welfare Spending

Lind, Jo Thori; Rohner, Dominic - CESifo - 2011

. In US election survey data, we find that income is more important in affecting voting behavior for more informed voters … strong correlation between income and political information, Congress representatives vote more conservatively, which is also …

Persistent link: https://www.econbiz.de/10009324089

The Devil is in the Shadow – Do Institutions Affect Income and Productivity or only Official Income and Official Productivity?

Dreher, Axel; Méon, Pierre-Guillaume; Schneider, Friedrich - CESifo - 2007

This paper assesses the relationship between institutions, output, and productivity, when official output is corrected for the size of the shadow economy. Our results confirm the usual positive impact of institutional quality on official output and total factor productivity, and its negative...

Persistent link: https://www.econbiz.de/10005094186

Optimal Piecewise Linear Income Taxation

Apps, Patricia; Long, Ngo Van; Rees, Ray - CESifo - 2009

attention in the literature on optimal income taxation. This paper offers a simple and transparent analysis of its main …

Persistent link: https://www.econbiz.de/10005181304

The Global Joint Distribution of Income and Health

Wu, Ximing; Savvides, Andreas; Stengos, Thanasis - CESifo - 2008

We investigate the evolution of global welfare in two dimensions: income per capita and life expectancy. First, we … estimate the marginal distributions of income and life expectancy separately. More importantly, in contrast to previous … univariate approaches, we consider income and life expectancy jointly and estimate their bivariate global distribution for 137 …

Persistent link: https://www.econbiz.de/10005196304

Estimating the Influence of Life Satisfaction and Positive Affect on Later Income Using Sibling Fixed-Effects

Neve, Jan-Emmanuel De; Oswald, Andrew J. - CESifo - 2012

The question of whether there is a connection between income and psychological well-being is a long-studied issue … higher levels of income later in life. We focus on earnings approximately one decade after the person’s well-being is … happiness. We consider how psychological well-being may influence income. Sobel-Goodman mediation tests reveal direct and …

Persistent link: https://www.econbiz.de/10010595387

On the Fiscal Strategies of Escaping Poverty-Environment Traps (and) Towards Sustainable Growth

Dao, Nguyen Than; Edenhofer, Ottmar - CESifo - 2014

capital income in order to decentralize the transition to the social optimum. …

Persistent link: https://www.econbiz.de/10010877654

Uncertainty and Fiscal Policy in an Asymmetric Monetary Union

Hefeker, Carsten; Zimmer, Blandine - CESifo - 2008

The paper examines the monetary-fiscal interactions in a monetary union model with uncertainty due to imperfect central bank transparency. We first show that monetary uncertainty disciplines fiscal policymakers and thereby reduces taxes, average inflation and output distortions. However, as more...

Persistent link: https://www.econbiz.de/10005013047

Taxation, Corruption and the Exchange Rate Regime

Hefeker, Carsten - CESifo - 2009

The paper analyzes the relation between institutional quality, such as corruption, in a country and its monetary regime. It is shown that a credibly fixed exchange rate to a low inflation country, like a currency board, can reduce corruption and improve the fiscal system. A monetary union,...

Persistent link: https://www.econbiz.de/10005013051

Spend-and-tax: A Panel Data Investigation for the EU

Afonso, António; Rault, Christophe - CESifo - 2009

Using bootstrap panel analysis, allowing for cross-country correlation, without the need of pre-testing for unit roots, we study the causality between government spending and revenue for the EU in the period 1960-2006. We find spend-and-tax causality for Italy, France, Spain, Greece, and...

Persistent link: https://www.econbiz.de/10005013057