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The analysis provides a new explanation for two widespread problems concerning European unemployment policy: the disappointingly small effect of many past reform measures on unemployment, and the political difficulties in implementing more extensive reform programs. We argue that the heart of...
Persistent link: https://www.econbiz.de/10005419509
The analysis provides a new explanation for two widespread problems concerning European unemployment policy: the Disappointingly small effect of many past reform measures on unemployment, and the political difficulties in implementing more extensive reform programs.
Persistent link: https://www.econbiz.de/10005639330
An "incentive subsidy" policy for subsidizing private R & D is proposed that can be more efficient, from a social point of view, than subsidy policies in common use such as a "normal" subsidy policy (fixed amount granted at project start), and conditional loans (loan is repaid only if project is...
Persistent link: https://www.econbiz.de/10010684462
Government subsidized industrial R & D stands for a large and increasing segment of the total R & D conducted. Yet very little is known about the effectiveness of such subsidies. This paper summarizes the empirical literature concerning direct project subsidies, tax credits, and support for...
Persistent link: https://www.econbiz.de/10010684519
In times of inflation, most existing systems of taxation introduce new distortions into the allocation of resources. In … system of taxation to insulate it from inflationary distortions. …
Persistent link: https://www.econbiz.de/10011019062
the economy, implied by the present double taxation of corporate source income. A common feature of these studies is the …
Persistent link: https://www.econbiz.de/10011019066
Taxation theory rarely takes entrepreneurship into consideration. We discuss how this omission affects conclusions … derived from standard models of capital taxation when applied to entrepreneurial income. Some of the defining features of … entrepreneurship often omitted by standard capital taxation theory are incorporated into the analysis. This includes the lack of a well …
Persistent link: https://www.econbiz.de/10005082489
The elements of corporate and personal taxation are integrated into a corporate growth model describing a value …
Persistent link: https://www.econbiz.de/10010684413
No abstract.
Persistent link: https://www.econbiz.de/10010684488
This paper includes theoretical and empirical analyses of some effects of changes in payroll taxes. First, the implication of the standard partial equilibrium analysis is explored in Section II. In particular, the relationship between statutory and economic incidence are clarified and the...
Persistent link: https://www.econbiz.de/10010684513