Showing 1 - 10 of 46
This paper presents some stylised facts about the book-tax gap, i.e. the difference between book and taxable income, of Italian corporations. This divergence is a reflection of the usage of any tax shields and any applicable credits and rebates which, in turn, implies that the concept of taxable...
Persistent link: https://www.econbiz.de/10005125996
The elasticity of intertemporal substitution (EIS) at the macro level has been estimated mostly based on endowment economy models and these estimates are very sensitive to the choice of interest rates that are used for estimation. Estimates based on production economy models do not need...
Persistent link: https://www.econbiz.de/10005126406
This paper studies implications of centralised wage setting for the level of taxation and public expenditure in an analytical model with unionised labour markets. We extend the previous studies by allowing for both demand and supply effects of labour. Also, in addition to the standard social...
Persistent link: https://www.econbiz.de/10005076525
European countries have progressively integrated from the point of view of trade and investment and have a common currency now. However, labour market and fiscal institutions have largely retained their national status. The aim of this paper is to examine: a) the possibility for trade unions of...
Persistent link: https://www.econbiz.de/10005076748
This paper studies implications of centralised wage setting for the level of taxation and public expenditures in an analytical model with unionised labour markets. We extend the previous studies by allowing both demand and supply effects of labour. Also, in addition to the standard social...
Persistent link: https://www.econbiz.de/10005556854
Contemporary policy debates on the macroeconomics of aid often concentrate on short-run Dutch disease effects, ignoring the possible supply side impact of aid—financed public expenditure. We develop a simple model of aid and public expenditure in which public infrastructure capital generates...
Persistent link: https://www.econbiz.de/10005118784
illustrate the interrelationships between natural resources, corruption and economic growth in Nigeria. We proposed anti-corruption …
Persistent link: https://www.econbiz.de/10005076578
corruption on the one hand, and growth and investment on the other, and it highlights the costs to economies where the state is …
Persistent link: https://www.econbiz.de/10005077053
grounds. The first is that they prevent corruption, the second is that they democratize the financing of campaigns by …
Persistent link: https://www.econbiz.de/10005125869
traditional anticorruption measures such as the increase in corruption costs or the organization of public education campaigns … would not permanently reduce corruption levels if poverty remains diffused. Using an overlapping generation model based on a … mechanism of cultural transmission, we study the evolution both of social attidudes towards bureaucratic corruption and the …
Persistent link: https://www.econbiz.de/10005125941