Showing 1 - 10 of 24
wealth accumulation in these two countries can be enlightening. In this paper we examine wealth inequality and mobility in …. In addition to less inequality and a higher median wealth, we also show that wealth quintile mobility in the 1990’s has … the patterns of wealth mobility as well as the importance of the initial wealth distribution, we utilize a matching …
Persistent link: https://www.econbiz.de/10005642517
Using a large longitudinal data set, we study the effects of increased trade on earnings and mobility in the Swedish …
Persistent link: https://www.econbiz.de/10005419200
I investigate consumption smoothing (sensitivity) under a balanced budget rule in Swedish municipalities. In general, I find Swedish municipalities to be highly consumption sensitive during the time period 2001-2011 when the BBR was in place. A one percentage increase in predicted current...
Persistent link: https://www.econbiz.de/10010818672
In a Regression Kink (RK) design with a finite sample, a confounding smooth nonlinear relationship between an assignment variable and an outcome variable around a threshold can be spuriously picked up as a kink and result in a biased estimate. In order to investigate how well RK designs handle...
Persistent link: https://www.econbiz.de/10010818673
I investigate consumption smoothing (sensitivity) under a balanced budget rule in Swedish municipalities. In general, I find Swedish municipalities to be highly consumption sensitive during the time period 2001-2011 when the BBR was in place. A one percentage increase in predicted current...
Persistent link: https://www.econbiz.de/10010818827
This paper re-examines the question of whether federal ex-post redistribution in terms of public funds leads to under-provision of public goods by adding the assumption that the member states are free to leave the economic federation. We show that federal ex-post redistribution leads to e¢...
Persistent link: https://www.econbiz.de/10010945032
A couple of months before the Swedish election in 1998, the incumbent government distributed 2.3 billion SEK to 42 out of 115 applying municipalities. This was the first wave of a four-year long grant program intended to support local investment programs aimed at an ecological sustainable...
Persistent link: https://www.econbiz.de/10005669619
Are grants to Swedish municipalities tactical? In this essay, I derive testable implications from a theoretical voting model and test these on a panel of 255 Swedish municipalities, 1981 - 1995. In order to decide which regions that are politically powerful, both election results, and survey...
Persistent link: https://www.econbiz.de/10005779785
We analyze a model where the federal government provides risk sharing arrangements to municipalities investing in a local public good. The risk sharing arrangements are an income equalization system and a system allowing for a soft budget constraint, i.e., a bailout. Our main result is that a...
Persistent link: https://www.econbiz.de/10005642479
Recent literature on optimal nonlinear taxation has shown that in models with a single level of government public provision of private goods can help redistribution by mitigating self-selection constraints. The aim of the present paper is to extend the analysis to a fiscal federalism setting...
Persistent link: https://www.econbiz.de/10005642506