Showing 1 - 10 of 19
Gender-Based Taxation (GBT) satisfies Ramsey's rule of optimality because it taxes at a lower rate the more elastic labor supply of women. This holds when different elasticities between men and women are taken as exogenous. We study GBT in a model in which labor supply elasticities emerge...
Persistent link: https://www.econbiz.de/10012465001
A large literature evaluating the welfare effects of taxation has examined the role of the labor supply elasticity, and … effect on each margin is created by a different tax wedge. Finally, ignoring the composition of the labor supply elasticity … the total labor supply elasticity is as important as its size …
Persistent link: https://www.econbiz.de/10012467752
We develop a general method to study the effects of non-linear taxation in dynamic settings using variational arguments. We first derive general theoretical formulas that characterize the welfare effects of local tax reforms and, in particular, the optimal tax system, potentially restricted...
Persistent link: https://www.econbiz.de/10012457886
Persistent link: https://www.econbiz.de/10001717051
This paper calculates the Anderson-Neary (2005) trade restrictiveness index (TRI) for the United States using nearly a century of data. The results show that the standard import-weighted average tariff understates the TRI, defined as the uniform tariff that yields the same welfare loss as the...
Persistent link: https://www.econbiz.de/10012465199
This paper considers the effects of trade policy--tariffs and quotas--when importing is done by competitive traders who … conventional ranking of tariffs and quotas is turned on its head: quotas are not as bad for welfare as previously believed, while … tariffs may restrict trade by more than originally intended. Furthermore, the allocation of property rights (quota licenses …
Persistent link: https://www.econbiz.de/10012465614
We propose and provide evidence for a new source of gains from trade: Firms invest in product differentiation to escape import competition. In the data and in the model, these investments are associated with increases in measured productivity, introduction of new goods, and shifts to...
Persistent link: https://www.econbiz.de/10012453189
In a standard multi-sector, heterogeneous-firm trade model the effect of tariffs on entry, especially in the presence … are a consequence of the reductions in MFN tariffs (the Uruguay Round); and that for some countries, particularly some … would gain from the elimination of tariffs have a strong rank correlation with those that gain from a negative optimal …
Persistent link: https://www.econbiz.de/10012456903
tariffs arise from substituting away from firm creation and towards export capacity. This is in stark contrast to the static … their ability to grow into successful exporters. We calibrate the model and estimate the welfare gains from reducing tariffs …
Persistent link: https://www.econbiz.de/10012458002
) uniform tariff cuts that preserve domestic relative prices among tariff-ridden goods …
Persistent link: https://www.econbiz.de/10012458911