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In the paper an index number measuring inefficiency of taxation is introduced which is based on an economy-wide generalisation of the input distance function. Related concepts are an input based quantity index, the index of real endowment, and a productivity index indicating effectiveness of the...
Persistent link: https://www.econbiz.de/10005545856
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This study analyses possibilities for independent national redistribution and risk sharing policy in EMU by reviewing …
Persistent link: https://www.econbiz.de/10005545989
groups back to levels of inequality or even higher found 40 years ago. The main factor that has driven up the top one per …
Persistent link: https://www.econbiz.de/10005545855
generalisations. These curves are useful devices for examining welfare and inequality. Asymptotical sampling properties of the Lorenz … distribution of disposable income in 1971, 1976, 1981, 1985 and 1990. It is found out that relative inequality has been highest on … 1971, but the changes in relative inequality during period 1976-1990 have been almost negligible. Using a generalised …
Persistent link: https://www.econbiz.de/10005545947
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A large literature demonstrates that congestion tolls can increase aggregate welfare. Nevertheless, congestion tolls are rarely observed. And though road tolls are imposed to raise revenue (as on bridges, tunnels, and some highways), almost always the tolls are imposed on the faster of several...
Persistent link: https://www.econbiz.de/10005545982
Applied general equilibrium models have become a standard tool for the analysis of structural policies in many countries and international research organisations. Their use has been prompted by both developments in economics, but also on the growing need for quantitative policy analysis. The...
Persistent link: https://www.econbiz.de/10011019957
This paper uses a Finnish policy intervention to study tax competition among local governments. Changes in the statutory lower limits to the property tax rates are used as a source of exogenous variation to estimate the responses of municipalities to tax rates in their neighbouring...
Persistent link: https://www.econbiz.de/10009493989
This paper studies the effect of child-care subsidies on maternal labour supply. In the Finnish child-care system, parents taking care of their children at home receive a relatively generous home-care allowance. I use variation arising from changes in the municipality-specific supplement to this...
Persistent link: https://www.econbiz.de/10009493991