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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
cycle, of several dimensions of economic inequality, including wages, labor earnings, income, consumption, and wealth. After … and the cyclical fluctuations in income inequality. The rise in income inequality was stronger at the bottom of the … distribution. Consumption inequality increased less than disposable income inequality, and tracked the latter much more closely at …
Persistent link: https://www.econbiz.de/10008509469
In this paper we investigate if there was a causal effect of changes in current and 'permanent' income on the health of … income and health, the fixed-effects methodology additionally enables us to control for individual unobservable heterogeneity … the panel if the unhealthy are more likely to drop out of the sample. Using cross-sectional variations in income and …
Persistent link: https://www.econbiz.de/10004971382
Persistent link: https://www.econbiz.de/10004971387
There is some concern that immigration contributes to a larger current account deficit in a net borrowing country like Australia. The reason is believed to be that the immigrants on balance have a lower net saving than those born in the country.
Persistent link: https://www.econbiz.de/10004971416
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Persistent link: https://www.econbiz.de/10004977251
This paper seeks to evaluate the findings of cross-national research on the relationship between income inequality and …
Persistent link: https://www.econbiz.de/10004977275
There are many dimensions along which changing labour market income could be explored. The author chooses to direct …
Persistent link: https://www.econbiz.de/10004977276