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We discover and document errors in public use microdata samples ("PUMS files") of the 2000 Census, the 2003 …-2006 American Community Survey, and the 2004-2009 Current Population Survey. For women and men ages 65 and older, age- and sex …-specific population estimates generated from the PUMS files differ by as much as 15% from counts in published data tables. Moreover, an …
Persistent link: https://www.econbiz.de/10008572501
Eric Jones has found that excessive taxes were detrimental for pre-modern China’s economic growth whereas moderate taxes were conducive for Europe’s economic growth. This paper provides a political-economic answer to the question why these two tax systems came about. Taxation is only...
Persistent link: https://www.econbiz.de/10010888448
acquired by the representative organism in the short term determines the positive or negative population growth. Moving short …-run equilibria constitute the dynamics of the predator-prey relations that are characterized in numerical analysis. The population …
Persistent link: https://www.econbiz.de/10005766294
There has been little empirical work evaluating the sensitivity of fertility to financial incentives at the household level. We put forward an identification strategy that relies on the fact that variation of wages induces variation in benefits and tax credits among "comparable" households. We...
Persistent link: https://www.econbiz.de/10005406074
which population size changes. Drawing on recent work in population ethics I propose an alternative welfare framework with …
Persistent link: https://www.econbiz.de/10010703424
An economy with clean and dirty intermediate inputs may fall into a trap characterized by low environmental quality and low life expectancy, while the others converge to opposite steady states. We propose new strategies towards sustainable growth. They include: (i) taxes (subsidies) imposed on...
Persistent link: https://www.econbiz.de/10010877654
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
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
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
The extent of government deficits and debt has been one of the most debated issues in recent years. However, much less has been contributed about their dynamics. Yet, the issue of entering into and exiting from excessive deficits is critical in the Economic and Monetary Union since the Stability...
Persistent link: https://www.econbiz.de/10005013070