Showing 1 - 10 of 2,411
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
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
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
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
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
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
intergenerational inequality aversion and for risk aversion. If growth increases (reduces) intra-generational inequality, the SDR is …
Persistent link: https://www.econbiz.de/10014082790
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
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
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