Using detailed tax data from the Swiss canton of Bern, I examine how changes in wealth are related to income risk. I … find that only among elderly individuals high kurtosis of income risk may be positively correlated with wealth accumulation …. Additionally, I document that a substantial share of taxpayers have negative net wealth. While wealth and income are positively …

We estimate household equivalence scales using income satisfaction data from the German Socio-Economic Panel. We extend … previous studies applying this approach by taking reference income into account. This allows separating needs-based from … reference effects in the determination of income satisfaction. We show that this adjustment helps to overcome a bias causing an …

The public finance literature has modeled income shifting as a decision along the intensive margin even though it … margin has crucial policy implications: the classical distinction between income creation and income shifting breaks down. We … supply elasticities, and costs of income shifting. In the most empirically plausible scenario when people who shift easily …

The objective of this paper is to examine the impact of crime on FDI inflows in 103 Italian provinces. The incidence of … criminality is measured through the number of complaints for different kinds of crime. The analysis has been conducted using … different estimation methods for panel data. The results show how the correlation between organized crime is both negative and …

often and increase labour supply. We also study the impact of higher female wages, income support to single mothers, and … subsidized childcare when the mother is working. While higher wages reduce women's overall exposure to abuse, both income support … and subsidized childcare fail to do so because they encourage early fertility. Income support also leads to less …

can be tricky, this paper uses the crime strategic model (inspection game) proposed by Tsebelis. This model shows that any … frequency of violation at equilibrium. This result is misleading: payoffs are not independent and the crime game can not be … crime of tax evasion, where the dishonest taxpayers are rational agents, motivated by the comparison of payoffs, considering …

adult crime: outcomes that carry significant negative externalities. This paper uses particularly rich datasets from Denmark …

this policy change on crime trends in seven states using data from FBI's National Incident-Based Reporting System (NIBRS …