Narrow search
Showing 1 - 10 of 1,667
Cover Image
Public Finance in a Nutshell : A Cobb Douglas Teaching Tool for General Equilibrium Tax Incidence and Excess Burden
Fullerton, Don - 2017
To help first- or second-year graduate students in economics apply their theoretical training, this paper shows how to solve a simple and intuitive computable general equilibrium (CGE) model using a calculator. Because this simplified Harberger model uses Cobb Douglas functional forms for...
Persistent link: https://www.econbiz.de/10012964062
Cover Image
Reducing the Excess Burden of Subsidizing the Stork : Joint Taxation, Individual Taxation, and Family Tax Splitting
Meier, Volker - 2008
Analyzing a homogenous household setting with endogenous fertility and endogenous labor supply, we demonstrate that moving from joint taxation to individual taxation and adapting child benefits so as to keep fertility constant entails a Pareto improvement. The change is associated with an...
Persistent link: https://www.econbiz.de/10012768348
Cover Image
The Welfare Loss from Differential Taxation of Sectors in Germany
Radulescu, Doina Maria - 2008
In the spirit of Harberger, we apply a dynamic computable general equilibrium (CGE) model and estimate the excess burden stemming from the tax-induced distortion in the allocation of capital across the corporate and the non-corporate sectors in Germany. In doing so, we perform a counterfactual...
Persistent link: https://www.econbiz.de/10012769707
Cover Image
VAT Notches
Liu, Li - 2015
taxable income to an indirect tax setting. We bring the theory to the data, using linked administrative VAT and corporation … tax records in the UK from 2004-2009. Consistently with the theory, voluntary registration is positively related to the … transactions, again consistently with the theory. We provide an estimate of the elasticity of the VAT tax base in the range of 0 …
Persistent link: https://www.econbiz.de/10013021432
Cover Image
The Efficiency Loss of Capital Income Taxation Under Imperfect Loss Offset Provisions
Ahsan, Syed M.; Tsigaris, Panagiotis - 2021
The importance of capital loss offset provisions in a world of risk is well documented in the tax literature. However, the potential deadweight losses owing to imperfect offset has not been fully explored. This paper develops a framework whereby that investigation can be carried out and utilizes...
Persistent link: https://www.econbiz.de/10013316603
Cover Image
Marginal Deadweight Loss When the Income Tax is Nonlinear
Blomquist, Soren - 2010
Almost all theoretical work on how to calculate the marginal deadweight loss has been done for linear taxes and for variations in linear budget constraints. This is quite surprising since most income tax systems are nonlinear, generating nonlinear budget constraints. Instead of developing the...
Persistent link: https://www.econbiz.de/10013143343
Cover Image
Revealed Preferences in a Sequential Prisoners' Dilemma : A Horse-Race between Six Utility Functions
Miettinen, Topi - 2020
We experimentally investigate behavior and beliefs in a sequential prisoner's dilemma. Each subject had to choose an action as first mover and a conditional action as second mover. All subjects also had to state their beliefs about others' second-mover choices. Using these elicited beliefs, we...
Persistent link: https://www.econbiz.de/10012854501
Cover Image
Tipping versus Cooperating to Supply a Public Good
Barrett, Scott - 2015
In some important multi-player situations, such as efforts to supply a global public good, players can choose the game they want to play. In this paper we conduct an experimental test of the decision to choose between a “tipping” game, in which every player wants to contribute to the public...
Persistent link: https://www.econbiz.de/10013024669
Cover Image
Negotiating to Avoid 'Gradual' Versus 'Dangerous' Climate Change : An Experimental Test of Two Prisoners' Dilemmas
Barrett, Scott; Dannenberg, Astrid - 2021
According to the Framework Convention on Climate Change, global collective action is needed to stabilize "greenhouse gas concentrations in the atmosphere at a level that would prevent dangerous [our emphasis] anthropogenic interference with the climate system." The Framework Convention thus...
Persistent link: https://www.econbiz.de/10013315636
Cover Image
Preferences, Rent Destruction and Multilateral Liberalisation : The Building Block Effect of CUSFTA
Ketterer, Tobias - 2012
If a free trade agreement (FTA) is characterized by the exchange of market access with a large and competitive trading partner, the agreement can cause a leakage of protectionist benefits to domestic industry from lobbying against external tariff cuts. This rent destruction effect of an FTA can...
Persistent link: https://www.econbiz.de/10013098332