Showing 1 - 10 of 25
Commodity taxes have three distinct roles: (1) revenue collection, (2) interpersonal redistribution, and (3) resource … optimum taxes. …
Persistent link: https://www.econbiz.de/10010884666
contrasts it with the effect of excise taxes. Exploiting data on cotinine - a metabolite of nicotine - as well as state and time … particular young children. In contrast, we find that higher taxes are an efficient way to decrease exposure to tobacco smoke …
Persistent link: https://www.econbiz.de/10010746058
Classical labour supply theory is one of the most sophisticated parts of labour economics. Yet, there is no compelling theoretical reason to believe in an outcome on a classical labour supply curve and it is unclear whether it is a good empirical description of the way in which labour markets...
Persistent link: https://www.econbiz.de/10010746659
Persistent link: https://www.econbiz.de/10005475174
The paper studies credible information transmission by governments. A group of heterogenous individuals have to make private investment and labour supply decisions while relying on the government for information about investment returns. The government consists of an elected citizen who chooses...
Persistent link: https://www.econbiz.de/10010928656
In this article I argue that the extent to which fiscal variables are capitalized into house prices has important economic implications. I synthesize an emerging literature that explores the conditions under which public and private investments and intergovernmental transfers are capitalized...
Persistent link: https://www.econbiz.de/10011272169
kind is 'cheap' relative to universal income redistribution, i.e., it can be effectively provided even with low taxes …Public provision of private goods such as education is usually viewed as a form of redistribution in kind. However …, does it arise when income redistribution is feasible as well? In this paper I analyse a two-dimensional model of political …
Persistent link: https://www.econbiz.de/10010744923
rise in inequality will lead to more redistribution. This paper shows that, for the UK in the period 1983-2004, a plausibly … exogenous rise in income inequality has not been associated with increased redistribution. We then explore this further using … attitudinal data. We show that the demand for redistribution, having shown considerable variation over time, is at an all-time low …
Persistent link: https://www.econbiz.de/10010744970
Lack of access to finance is often cited as a key reason why poor people remain poor. This paper uses data on the Indian rural branch expansion program to provide empirial evidence on this issue. Between 1977 and 1990, the Indian Central Bank mandated that a commercial bank can open a branch in...
Persistent link: https://www.econbiz.de/10010745415
; redistribution of resources and nurturing communitarian values. …
Persistent link: https://www.econbiz.de/10010686665