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Persistent link: https://www.econbiz.de/10004977251
The effects of Regional Trade Agreements (RTAs) are disputed. In this paper, we assess these effects using capital market data and an event-study approach, using a daily data set covering a thousand announcements spanning over eighty economies and a hundred RTAs over twenty recent years. We...
Persistent link: https://www.econbiz.de/10009293663
Given its signiÖcance in practice, piecewise linear taxation has received relatively little attention in the literature. This paper o§ers a simple and transparent analysis of its main characteristics. We fully characterize optimal tax parameters for the cases in which budget sets are convex...
Persistent link: https://www.econbiz.de/10009385840
this is primarily a consequence of rising real per capita income, which more than doubled over the same period. We … investigate this hypothesis empirically by instrumenting for local area income with time-series variation in global oil prices … an increase in income on health expenditures. Our central estimate is an income elasticity of 0.7, with an elasticity of …
Persistent link: https://www.econbiz.de/10005662110
This paper presents series on top shares of income and wealth in Spain over the 20th century using personal income and … wealth tax return statistics. Top income shares are highest in the 1930s, fall sharply during the first two decades of the … Franco dictatorship, and have increased slightly since the 1960s, and especially since the mid-1990s. The top 0.01% income …
Persistent link: https://www.econbiz.de/10005667012
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personal income taxation financed by a board based consumption tax. …
Persistent link: https://www.econbiz.de/10004967984
individual-level data from the ABS Income Distribution Survey. It present measures of changes in earnings inequality for …
Persistent link: https://www.econbiz.de/10004968001