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Optimal Threshold Taxation : An Empirical Investigation for Developing Economies

Menescal, Lucas; Alves, José - 2022

In this empirical study we assess both linear and nonlinear relationship between total taxation and several tax items with real per capita GDP growth rates for 43 developing countries between 1990 and 2019. We use panel data techniques to evaluate the effects of taxation on economic growth for...

Persistent link: https://www.econbiz.de/10014082240

Population Size and the Size of Government

Krieger, Tim - 2019

We examine the effect of population size on government size for a panel of 130 countries for the period between 1970 and 2014. We show that previous analyses of the nexus between population size and government size are incorrectly specified and fail to consider the influence of cross-sectional...

Persistent link: https://www.econbiz.de/10012889229

The Dynamics of Finance-Growth-Inequality Nexus : Theory and Evidence for India

Das, Pranab Kumar - 2019

The purpose of this research study has been to expand our understanding of the finance-growth ‘nexus’ to finance-growth-inequality ‘nexus’ in the presence of both the formal and the informal sources of borrowing. Using empirical evidence of IHDS Survey data for two rounds the study...

Persistent link: https://www.econbiz.de/10012892155

Forensics, Elasticities and Benford's Law

Demir, Banu - 2019

Estimates of the trade elasticity based on actual trade policy changes are scarce, and the few that exist are all over the place. This paper offers a setting where an exogenous increase in a border tax can be used to estimate the trade elasticity. It shows theoretically and empirically that if...

Persistent link: https://www.econbiz.de/10012892309

Gender Wage and Longevity Gaps and the Design of Retirement Systems

Barigozzi, Francesca; Cremer, Helmuth; Lozachmeur, … - 2021

We study the design of pension benefits for male and female workers. Women live longer than men but have a lower wage. Individuals can be single or live in couples who pool their incomes. Social welfare is utilitarian but an increasing concave transformation of individuals’ lifetime utilities...

Persistent link: https://www.econbiz.de/10013224069

The Variation of Gravity within Countries (or 15 Reasons Why Gravity Should Be Estimated with Domestic Trade Flows)

Yotov, Yoto - 2021

foundations and clear gains from theory-consistent policy analysis, there are still gaps between gravity theory and empirics. This … paper focuses on domestic trade flows, and I argue that there are significant benefits from adhering to theory by estimating … survey of the literature reveals the need for further theory contributions and new data developments, and points to …

Persistent link: https://www.econbiz.de/10013228864

Cross-Country Unemployment Insurance, Transfers, and Trade-Offs in International Risk Sharing

Enders, Zeno; Vespermann, David - 2021

We assess to which degree an international transfer mechanism can enhance consumption risk sharing as well as allocative efficiency and apply our results to the implicit transfers generated by a potential European unemployment benefit scheme (EUBS). Specifically, we first develop a simple model...

Persistent link: https://www.econbiz.de/10013236196

Optimal Carbon Taxation and Horizontal Equity : A Welfare-Theoretic Approach with Application to German Household Data

Hänsel, Martin C.; Franks, Max; Kalkuhl, Matthias; … - 2021

We develop a model of optimal carbon taxation and redistribution taking into account horizontal equity concerns by considering heterogeneous energy efficiencies. By deriving first- and secondbest rules for policy instruments including carbon taxes, transfers and energy subsidies, we then...

Persistent link: https://www.econbiz.de/10013239565

Nonlinearities and Asymmetric Adjustment to PPP in an Exchange Rate Model with Inflation Expectations

Anderl, Christina; Caporale, Guglielmo Maria - 2021

This paper estimates a model of the real exchange rate including standard fundamentals as well as two alternative measures of inflation expectations for five inflation targeting countries (UK, Canada, Australia, New Zealand, Sweden) over the period January 1993-July 2019. Both a benchmark linear...

Persistent link: https://www.econbiz.de/10013243236

Do as Essay, Not as I Do? How Inflated List Prices of Unsold Essayer Homes Affect the Price Discovery Process

Agarwal, Sumit; Seiler, Michael J.; Siebert, Ralph - 2022

In the U.S. real estate market, around 30 percent of listed properties remain unsold. We examine whether unsold property listings exert externalities in the housing market. Our study builds on a comprehensive dataset that encompasses residential property listings in Orange County (California)...

Persistent link: https://www.econbiz.de/10014242006