Showing 1 - 10 of 262
This paper examines the impact of the introduction of the value-added tax on inequality and government revenues using … indicate that income-based inequality has increased due to the VAT adoption, whereas consumption inequality has remained …
Persistent link: https://www.econbiz.de/10011597787
We study the effects of corporate taxes on income inequality. Using state corporate taxes as a setting, we provide … evidence that corporate tax cuts lead to increases in income inequality. This result is robust across regression, matching, and …, while all earners appear to benefit from a corporate tax cut, the relation between tax cuts and inequality is positive, in …
Persistent link: https://www.econbiz.de/10012064392
coefficient over last four decades. This seems to suggest a robust empirical evidence that the growth or change in inequality … across nations has a negative relation with initial degree of inequality. This would imply that poorer nations starting with … higher degree of inequality experience weaker growth in inequality, exhibiting some sort of convergence in the inequality …
Persistent link: https://www.econbiz.de/10012171788
The COVID-19 crisis poses new policy challenges and has spurred new research agendas in public economics. In this article, we selectively reflect on how the field of public economics has been shaped by the COVID-19 pandemic and discuss several areas where more research is necessary. We highlight...
Persistent link: https://www.econbiz.de/10013413273
"superstars," for whom small differences in talent are magnified into much larger earnings differences, while others may work in …
Persistent link: https://www.econbiz.de/10012064477
Prior studies show that taxes matter for the residential locations of high-income earners. But, states raise a significant share of revenue from nonresidents. Using variation in state tax rates, we provide causal evidence on the effect of the net-of-tax rate on the location of labor supply for...
Persistent link: https://www.econbiz.de/10014250373
This paper surveys the literature on the implications of international capital mobility for national tax policies. Our main issue for consideration in this survey is whether taxation of income, specifically capital income will survive, how border crossing investment is taxed relative to domestic...
Persistent link: https://www.econbiz.de/10011507954
How does economic uncertainty affect the impact of tax policy? We exploit a natural experiment in which two very similar investment subsidies were implemented in the same country, two years apart: once during a period of economic stability, and once during a period of very high uncertainty....
Persistent link: https://www.econbiz.de/10012120240
We show that the presence of a strategic tax policy increases the incentive for a horizontal merger compared to the situation with no tax policy. Thus, we point towards a new factor, viz., strategic tax policy, for increasing the incentive for a horizontal merger that has been ignored in the...
Persistent link: https://www.econbiz.de/10010412755
This paper is concerned with cross-dependencies between endogenous market structure and tax policy. We extend the Mirrlees (1971) model of income taxation with a monopolistic competition framework with general additively separable consumer preferences. We show that price and variety distortions...
Persistent link: https://www.econbiz.de/10012622731