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discuss one such application in detail: the introduction of the Earned Income Tax Credit (EITC) in the US. We find that the … EITC can be viewed as a response to an in-efficiency in the tax and transfer system prevailing at the time. This adds a new … perspective to the literature on why the EITC is a good idea, emphasizing Pareto improvements rather than equity-efficiency trade-offs …
Persistent link: https://www.econbiz.de/10012830994
demand and reduced working hours so as to stabilize workers’ income. In a matching framework such an arrangement increases …
Persistent link: https://www.econbiz.de/10012892292
We use (donut) regression discontinuity design and difference-in-differences estimators to estimate the impact of a one-shot hiring subsidy targeted at low-educated unemployed youths during the Great Recession recovery in Belgium. The subsidy increases job-finding in the private sector by 10...
Persistent link: https://www.econbiz.de/10014244086
We estimate the causal effects of a pandemic-era wage subsidy program in Canada on job losses and business closures. Our estimates use administrative microdata and a regression discontinuity strategy to estimate the effects of marginal changes in the wage subsidy rate. The estimated net wage...
Persistent link: https://www.econbiz.de/10014262746
Hiring subsidies are widely used to create (stable) employment for the long-term unemployed. This paper exploits the abolition of a hiring subsidy targeted at long-term unemployed jobseekers over 45 years of age in Belgium to evaluate its effectiveness in the short and medium run. Based on a...
Persistent link: https://www.econbiz.de/10013211014
, effort) and extensive (participation) margins. It shows that an Earned Income Tax Credit (EITC) with negative marginal taxes …This paper studies optimal non-linear income taxation in a model with labor supply responses at the intensive (hours … along the income distribution and, second, social concerns for redistribution from the poor to the very poor are …
Persistent link: https://www.econbiz.de/10013250261
elderly care). Pareto efficiency dictates a tight rule for how the rate of deductibility should vary with income and … services can be marginally deducted from taxable income yields a Pareto improvement if combined with a slight increase in …
Persistent link: https://www.econbiz.de/10012866074
marginal deductions along the income distribution. An immediate implication is a recipe for designing Pareto-improving reforms …
Persistent link: https://www.econbiz.de/10012861395
marginal deductions along the income distribution. An immediate implication is a recipe for designing Pareto-improving reforms …
Persistent link: https://www.econbiz.de/10012828804
This paper analyzes the effects of an income tax credit for hard-to-tax consumer services on evasion of the value … revenue losses in the income tax are recovered by an increase in VAT revenues, up to half of the revenue gain is associated …
Persistent link: https://www.econbiz.de/10014242786