Showing 1 - 10 of 107
We utilise repeated cross sections of micro data from several countries, available from the Luxembourg Income Study, LIS, to estimate labour supply elasticities, both at the intensive and extensive margin. The benefit of the data is that it spans over four decades and includes a large number of...
Persistent link: https://www.econbiz.de/10013045921
In this paper we investigate the effects of tax competition in a simple endogenous growth model with elastic labor supply. Our analysis focuses on two issues. First, we show that all taxes, i.e. on capital, labor, and consumption, are harmful for growth. Second, we derive the optimal tax policy....
Persistent link: https://www.econbiz.de/10013316505
Quantitative results from a large class of international trade models depend critically on the elasticity of trade with … respect to trade frictions. We develop a simulated method of moments estimator to estimate this elasticity from disaggregate …-flow data for 123 countries in the year 2004 yields a trade elasticity of roughly four, nearly fifty percent lower than Eaton …
Persistent link: https://www.econbiz.de/10013129252
This paper points to the important role which the elasticity of aggregate capital supply with respect to the net rate … (zero capital supply elasticity) the decentralized policy choice is optimal. If the capital supply elasticity is strictly …
Persistent link: https://www.econbiz.de/10013136697
elasticity measures are not sufficient statistics and must be adjusted upwards in optimal tax formulas. Finally, we study a …
Persistent link: https://www.econbiz.de/10013015356
This paper investigates how tax revenue elasticities develop with respect to their tax base and analyses the specific impact of the business cycle. The main novelty of the paper is to use revenue data net of discretionary tax measures. Based on an EU country panel for the period 2001-13, we...
Persistent link: https://www.econbiz.de/10013000817
In the aftermath of elections or ballots, the legitimacy of the result is regularly debated if voter turnout was considered to be low. Hence, discussions about legal reforms to increase turnout are common in most democracies. We analyze the impact of a very small change in voting costs on voter...
Persistent link: https://www.econbiz.de/10012970421
This paper investigates the tax responsiveness of multinational firms' investment decisions in foreign countries, distinguishing firms that are able to avoid taxes (avoiders) from those that are not (non-avoiders). From a theoretical point of view, the tax responsiveness of firms crucially...
Persistent link: https://www.econbiz.de/10013048888
our empirical example we find that income-shifting accounts for over two thirds of the overall elasticity of taxable … burden compared to the standard model in which the overall elasticity defines the welfare loss. However, in addition to …
Persistent link: https://www.econbiz.de/10013049207
bracketed in the interval [0.05, 0.80], with the (un-weighted) mean elasticity across the various methods ranging from 0.26 to 0 …
Persistent link: https://www.econbiz.de/10013051276