Showing 1 - 10 of 232
Much of the literature on the effects of estate taxation on charitable bequests has relied on cross sectional data, reflecting the uniqueness of death. Few have explored longitudinal data to exploit exogenous variations in tax regimes. The latter, however, continue to be susceptible to omitted...
Persistent link: https://www.econbiz.de/10005556975
In an endogenous-growth model, we consider alternative ways of providing public capital using distortionary taxes. We …
Persistent link: https://www.econbiz.de/10005076791
. Using different definitions of ‘net taxes’, the tax base and the unit of analysis I present a range of measures showing the …
Persistent link: https://www.econbiz.de/10005556960
Through an investigation of parental motives, this paper examines how parents decide on the allocation of their resources within the family when there are several offspring. From a theoretical viewpoint, inter vivos transfers may be explained either by altruism or by an exchange motive. Though...
Persistent link: https://www.econbiz.de/10005413268
This note is motivated by recent arguments made by Martin Feldstein in which the relevance of inequality is dismissed (if everybody's income goes up, who cares if inequality is up too?), and the argument is made that only poverty alleviation should matter. This note shows that we all do care...
Persistent link: https://www.econbiz.de/10005076936
Persistent link: https://www.econbiz.de/10005076598
focus on the influence exerted in Poland by standard labor market institutions, like social security system, taxes, minumum …
Persistent link: https://www.econbiz.de/10005556757
This paper reconsiders the case for the use of fiscal policy based on a "functional finance" approach that advocates the use of fiscal policy to secure high levels of demand in the context of private aggregate demand, which would otherwise be too low. This "functional finance" view means that...
Persistent link: https://www.econbiz.de/10005408077
Recent developments in macroeconomic policy, in terms of both theory and practice, have elevated monetary policy while downgrading fiscal policy. Monetary policy has focused on the setting of interest rates as the key policy instrument, along with the adoption of inflation targets and the use of...
Persistent link: https://www.econbiz.de/10005408097
taxes when financed either raising capital taxation or reducing unemployment subsidies. We find two main results: (i) with … lump-sum transfers, reducing labor taxes and unemployment subsidies is beneficial to both employment and growth, while … cutting capital taxes is less beneficial; (ii) without transfers, cutting labor taxes is more effective when financed by a …
Persistent link: https://www.econbiz.de/10005412655