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We analyze the short and long-run performance of firms that were differentially affected by a new tax on dividends in the lead-up to the Global Financial Crisis. We use exogenous policy variation for firms with different legal statuses and financial year-end dates to causally identify the...
Persistent link: https://www.econbiz.de/10014263915
tax rates on individual dividend income from zero to 28 percent. We document strong timing effects on dividend payout on a …
Persistent link: https://www.econbiz.de/10010264543
conclusion that the one-month oil supply elasticity is close to zero, which implies that oil demand shocks are the dominant …
Persistent link: https://www.econbiz.de/10012822493
This paper is the first to use information from individual country-by-country (CbC) re-ports to assess the extent of profit shifting by multinational enterprises. Unlike other data often used to evaluate the extent of profit shifting and tax avoidance, CbC reports pro-vide a complete coverage of...
Persistent link: https://www.econbiz.de/10013250044
welfare maximizing tax structure. We calibrate the model to German household data and a 30 percent emission reduction goal … revenue via household-specific transfers is the first-best policy. Equal per-capita transfers do not suffer from informational …
Persistent link: https://www.econbiz.de/10013239565
This paper investigates the impact of public employment on household saving rates in China using representative … household-level data. After controlling for a series of variables such as income, risk attitude, financial literacy, and … to a better understanding of Chinese household saving rates, which is of great importance given their extremely high …
Persistent link: https://www.econbiz.de/10013289689
investigate this, we estimate an EASI demand system from German household data and a labour supply schedule, using wage data, and …
Persistent link: https://www.econbiz.de/10013314691
In this paper we consider an empirical collective household model of time allocation for two-earner households. The … novelty of this paper is that we estimate a version of the collective household model, where the internally produced goods and … are equally weighted in the household utility function; (3) Differences in the ratio of the partners' hourly wages are …
Persistent link: https://www.econbiz.de/10013316615
financial statement income. This paper develops a conceptual framework – based on the literature on the elasticity of taxable … income – for the welfare analysis of such proposals, and discusses the available evidence on the tax elasticity of financial …
Persistent link: https://www.econbiz.de/10012823039
lowering moral ignorance. In this paper, we study the (in)elasticity of moral ignorance, with respect to monetary incentives …
Persistent link: https://www.econbiz.de/10012849807