Showing 1 - 10 of 303
We revisit the classical result that financing a pure public good through taxation of private consumption is …
Persistent link: https://www.econbiz.de/10010312844
The 'starving the beast' hypothesis claims that tax cuts lead to lower public spending, rather than higher debt levels and higher taxes in the future. This paper uses the institutional setting of German fiscal federalism to its advantage in order to explore how fiscal policy reacts to exogenous...
Persistent link: https://www.econbiz.de/10012179808
This paper studies public goods provision in an experiment in which contributors repeatedly interact with rent-extracting administrators. Our main result is that the presence of an administrator reduces contributions but only because rent extraction lowers the MPCR. Analysing the dynamic...
Persistent link: https://www.econbiz.de/10011794140
We perform a Meta-Regression Analysis (MRA) of the literature on government size and corruption, examining 450 …-sectional data. Moreover, the type of indicator used to measure corruption has a significant impact on the sign of the relationship … significant results, whereas we find a positive relationship between the countries' corruption index and the effect size. …
Persistent link: https://www.econbiz.de/10014534462
This paper presents a tractable dynamic general equilibrium model that can explain cross-country empirical regularities in geographical mobility, unemployment and labor market institutions. Rational agents vote over unemployment insurance (UI), taking the dynamic distortionary e.ects of...
Persistent link: https://www.econbiz.de/10010315332
The expansion of welfare-state arrangements is seen as the result of dynamic interaction between market behaviour and political behaviour, often with considerable time lags, sometimes generating either virtuous or vicious circles. Such interaction may also involve induced (endogenous) changes in...
Persistent link: https://www.econbiz.de/10010315673
Keynes' General Theory (1936) is arguably one of the most important books of the twentieth century. His ideas for stabilizing the aggregate economy have profoundly influenced economic theory as well as popular opinion about what governments can and should do with respect to the business cycle....
Persistent link: https://www.econbiz.de/10010316008
In this chapter I provide an overview of the political economy of taxation in democratic states by considering the …
Persistent link: https://www.econbiz.de/10011584951
We document contemporaneous differences in the aggregate labor supply of married couples across 17 European countries and the US. Based on a model of joint household decision making, we quantify the contribution of international differences in non-linear labor income taxes and consumption taxes...
Persistent link: https://www.econbiz.de/10011615880
We challenge the “OECD view” (Arnold et al. 2011) according to which a shift from direct to indirect taxation is … composition (in particular direct vs. indirect taxation). We can replicate the findings in Arnold et al. when focusing on the same …
Persistent link: https://www.econbiz.de/10011615898