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, surprisingly hardly any evidence exists on the global impacts of hotter temperature on poverty. Analyzing a new global dataset of … subnational poverty in 166 countries, we find higher temperature to increase poverty. This finding is robust to various model ….1 percent increase in the headcount poverty rate, using the US$ 1.90 daily poverty threshold. Regional heterogeneity exists …
Persistent link: https://www.econbiz.de/10013283993
warming, on poverty and inequality, paying special attention to data sources as well as empirical methods. While studies … consistently find negative impacts of higher temperature on poverty across different geographical regions, with higher … poverty than transient poverty. The results are robust to different model specifications and measures of chronic poverty and …
Persistent link: https://www.econbiz.de/10014433021
Profit taxes are widely acknowledged to influence the location of firms' headquarters. This paper sheds light on the role of aspects of labor taxation for the international location of headquarters. While profit taxes can be avoided in various ways, it is much harder for firms to manipulate the...
Persistent link: https://www.econbiz.de/10013106126
Persistent link: https://www.econbiz.de/10010231029
A large empirical literature has debated the U-shaped happiness-age curve. This paper re-examines the relationship between various measures of well-being and age in one hundred and forty-five countries, including one hundred and nine developing countries, controlling for education, marital and...
Persistent link: https://www.econbiz.de/10012208787
We explore the relationships between subjective well-being and income, as seen across individuals within a given country, between countries in a given year, and as a country grows through time. We show that richer individuals in a given country are more satisfied with their lives than are poorer...
Persistent link: https://www.econbiz.de/10013132796
According to the Globalization Paradox, globalization limits the freedom of choice for national governments. Capital mobility in particular induces tax competition, thus putting downward pressure on capital taxes. However, while capital mobility introduces the inefficiency of tax competition, it...
Persistent link: https://www.econbiz.de/10013050479
The optimal social cost of carbon is in general equilibrium proportional to GDP if utility is logarithmic, production is Cobb-Douglas, depreciation in 100% every period, climate damages as fraction of production decline exponentially with the stock of atmospheric carbon, and fossil fuel...
Persistent link: https://www.econbiz.de/10013033798
The tractable general equilibrium model developed by Golosov et al. (2014), GHKT for short, is modified to allow for stock-dependent fossil fuel extraction costs and partial exhaustion of fossil fuel reserves, a negative impact of global warming on growth, mean reversion in climate damages,...
Persistent link: https://www.econbiz.de/10012996198
This study provides a survey on corporate taxes around the world. Our analysis has three main objectives. First, we collect tax data and calculate (forward-looking) effective tax measures for a large sample of countries and recent years. We particularly describe how these measures vary over time...
Persistent link: https://www.econbiz.de/10012915456