Showing 1 - 10 of 19
Interest paid by U.S. state and local bonds is tax-exempt, making these bonds attractive to investors - though a tax rule limits arbitrage opportunities by restricting associated interest expense deductions. Prior to 1986, U.S. banks were not subject to the interest deduction limitation, making...
Persistent link: https://www.econbiz.de/10014635610
, price supports, monopoly rights, and a variety of other subsidies. Previous work in partial equilibrium shows that subsidies … subsidies in general equilibrium. Since all resources are used, whether or not subsidies increase emissions depends on the … incentives to emit of the industry which would otherwise use the resources. Since subsidies must move resources to a less …
Persistent link: https://www.econbiz.de/10012463650
The Earned Income Tax Credit (EITC) is intended to encourage work. But EITC-induced increases in labor supply may drive wages down, shifting the intended transfer toward employers. I simulate the economic incidence of the EITC under a range of plausible supply and demand elasticities. In all of...
Persistent link: https://www.econbiz.de/10012463683
the U.S. Yet, we already provide over $100 billion per year in tax subsidies to health insurance. This paper provides an …
Persistent link: https://www.econbiz.de/10012470058
This paper investigates the impact of a $1000 refundable tax credit for self-only coverage on net premiums and insurance purchases for a representative sample of potential buyers in the individual insurance market. Two methods are used to estimate the distribution of premiums: predicted premiums...
Persistent link: https://www.econbiz.de/10012470261
years, the impact of subsidies on house prices, housing consumption and tenure, and rationales for preferring one tenure …
Persistent link: https://www.econbiz.de/10012470808
This paper examines the investment effects of tax subsidies for which some assets and not others are eligible …. Distortionary tax subsidies encourage firms to concentrate investments in tax-favored assets profitability of investment and …
Persistent link: https://www.econbiz.de/10012472196
This paper looks at the impact of investment tax subsidies on the labor market for capital goods workers using data … from the 1979-88 Current Population Survey. The results show that investment subsidies drive up the wages of workers who … supply of capital goods identified in previous work and means that much of the benefit of investment subsidies is passed to …
Persistent link: https://www.econbiz.de/10012472281
This paper studies the effects of subsidies on durable goods markets. In particular, we study a recent policy in France …
Persistent link: https://www.econbiz.de/10012472769
Using commodity futures contract and spot prices, we estimate the incidence of the US ethanol subsidy accruing to corn farmers, ethanol producers, gasoline blenders, and gasoline consumers at expiration in 2011. We find compelling evidence that ethanol producers captured two-thirds of the...
Persistent link: https://www.econbiz.de/10012456706