Showing 1 - 10 of 148
We assess the effects of U.S. tax policy reforms on inequality by applying a new decomposition method that allows us to disentangle mechanical effects due to changes in pre-tax incomes from direct effects of policy reforms. While tax reforms implemented under Democrat administrations, in...
Persistent link: https://www.econbiz.de/10009246707
We assess the effects of U.S. tax policy reforms on inequality by applying a new decomposition method that allows us to disentangle the direct policy effect from the effect of changing market incomes. Over the whole period 1979-2007 the cumulative tax policy effect aggravated income inequality...
Persistent link: https://www.econbiz.de/10011085100
This theoretical contribution shows a simple way in which the quantity equation can be derived as a long-term equilibrium solution for the case of a closed economy and an open economy, respectively. It is shown first for the case of a closed economy which parameters stand behind "velocity" and...
Persistent link: https://www.econbiz.de/10010891175
This paper questions unconventional fiscal policy effects when the monetary policy rate is at the zero lower bound. We provide evidence for the US that the spread between the policy rate and the US-LIBOR, which is more relevant for private sector transactions, increases with government...
Persistent link: https://www.econbiz.de/10011265653
In our current challenging budgetary environment, school closures remain a potentially attractive choice. With a large panel of Illinois schools from 1991 to 2005, I investigate which factors contribute to school closures. Among elementary schools, declining enrolments and rural locations...
Persistent link: https://www.econbiz.de/10008480921
A large literature examines the addictive properties of such behaviors as smoking, drinking alcohol and eating. We argue that for some people addictive behavior may apply to a much more central aspect of economic life: working. Workaholism is subject to the same concerns about the individual as...
Persistent link: https://www.econbiz.de/10005566846
Although urban China has experienced spectacular income growth over the last two decades, increases in inequality …
Persistent link: https://www.econbiz.de/10005822037
attainment in China. We find a negative correlation between family size and child outcome, even after we control for the birth … effect of family size on children’s education. We also find that the effect of family size is more evident in rural China …
Persistent link: https://www.econbiz.de/10005822059
While some workers in China attain senior professional level and senior cadre level status (Chuzhang and above), others … and western China for 1995 and 2002. For 2002, persons of high rank make up 3 percent and persons of middle rank make up …
Persistent link: https://www.econbiz.de/10005822171
Poverty among ethnic minorities and the majority in rural China for the years 2000, 2001 and 2002 is investigated … proportion among the ethnic majority was only about half as high. Still, by far most of the poor in rural China belong to the … ethnic majority. The relatively high poverty rates for ethnic minorities in rural China are found to be due to higher rates …
Persistent link: https://www.econbiz.de/10005822199