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Is the Rent Too High? Land Ownership and Monopoly Power

Watson, C. Luke; Ziv, Oren - 2021

correlated with a 1% increase in rent. Market power is substantial: on average, markups account for nearly a third of rents in …

Persistent link: https://www.econbiz.de/10013249651

Rent Extraction and Prosocial Behavior

Cagala, Tobias - 2019

We present controlled experimental evidence on how rent extraction by an administrator affects giving to non …-profit associations. Holding the price of giving constant, we compare contributions between two conditions: a rent extraction condition …, in which an administrator can expropriate a part of the contributions and a control condition without rent extraction. We …

Persistent link: https://www.econbiz.de/10012861465

Rent Taxation and its Intertemporal Welfare Effects in a Small Open Economy

Köthenbürger, Marko; Poutvaara, Panu - 2021

Previous literature concludes that replacing wage taxation by taxes on a fixed factor or its rents benefits future generations. However, the effects of such steady-state gains on the transition generations have been left open. In this paper, we show that taxation of rents may also increase...

Persistent link: https://www.econbiz.de/10013316664

Micro-Geographic Property Price and Rent Indices

Ahlfeldt, Gabriel M.; Heblich, Stephan; Seidel, Tobias - 2021

the density bias of price-to-rent ratios in levels and trends, within and between cities. Our method lends itself to the … creation of comparable neighborhood-level qualified rent indices (Mietspiegel) across Germany …

Persistent link: https://www.econbiz.de/10013219061

Economic Policy Uncertainty : Persistence and Cross-Country Linkages

Aikins Abakah, Emmanuel Joel - 2020

This paper provides new evidence on the stochastic behaviour of the EPU (Economic Policy Uncertainty (EPU) index constructed by Baker et al. (2016) in six of the biggest economies (Canada, France, Japan, US, Ireland, and Sweden) over the period from January 1985 to October 2019. In particular,...

Persistent link: https://www.econbiz.de/10012833734

Does Tax Competition Really Promote Growth?

Köthenbürger, Marko; Lockwood, Ben - 2021

This paper considers the relationship between tax competition and growth in an endogenous growth model where there are stochastic shocks to productivity, and capital taxes fund a public good which may be for final consumption or an infrastructure input. Absent stochastic shocks, decentralized...

Persistent link: https://www.econbiz.de/10013316823

The Social Cost of Carbon with Intragenerational Inequality Under Economic Uncertainty

Ploeg, Frederick van der; Emmerling, Johannes; Groom, … - 2022

intergenerational inequality aversion and for risk aversion. If growth increases (reduces) intra-generational inequality, the SDR is …

Persistent link: https://www.econbiz.de/10014082790

Measuring Uncertainty of a Combined Forecast and Some Tests for Forecaster Heterogeneity

Lahiri, Kajal; Peng, Huaming; Sheng, Xuguang - 2021

We have argued that from the standpoint of a policy maker who has access to a number of expert forecasts, the uncertainty of a combined forecast should be interpreted as that of a typical forecaster randomly drawn from the pool. With a standard factor decomposition of a panel of forecasts, we...

Persistent link: https://www.econbiz.de/10013251262

Gender Differences in Sabotage : The Role of Uncertainty and Beliefs

Dato, Simon - 2019

We study gender differences in relation to performance and sabotage in competitions. While we find no systematic gender differences in performance in the real effort task, we observe a strong gender gap in sabotage choices in our experiment. This gap is rooted in the uncertainty about the...

Persistent link: https://www.econbiz.de/10012892013

Wealth Management and Uncertain Tipping Points

Strøm, Steinar - 2019

hitting a threshold, as well as a set of risk-modified optimality conditions for overall wealth management, as long as no …

Persistent link: https://www.econbiz.de/10012892098