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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/10003730258
We reexamine the properties of optimal fiscal policy and their implications for implementable capital accumulation. The setup is a standard endogenous growth model with public production services, augmented by elastic labor supply. We show that, when a benevolent government chooses a distorting...
Persistent link: https://www.econbiz.de/10011409385
using repeated cross-sectional data confirms this trend for Norway – the gross wage elasticity for married women decreased …
Persistent link: https://www.econbiz.de/10014564121
Persistent link: https://www.econbiz.de/10003712510
,638 individuals over 6 years totalling 69,122 observations. The estimated wage elasticity after controlling for individual …
Persistent link: https://www.econbiz.de/10011539026
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/10010412760
. Even at the intensive margin, we find that the elasticity for women exceeds that for men. For men and women in the … Netherlands, we predict an uncompensated labour supply elasticity of 0.1 and 0.5, respectively. These values are robust for …
Persistent link: https://www.econbiz.de/10003299371
the past 20 years. Using a theory-based relationship, we then leverage variation across sectors and over time to show that …
Persistent link: https://www.econbiz.de/10014444069
transactions, again consistently with the theory. We provide an estimate of the elasticity of the VAT tax base in the range of 0 …) develops a formula for estimating the elasticity of value-added with respect to the statutory tax. We show that the marginal … excess burden of the tax on suppliers is measured by this elasticity, extending Feldstein.s analysis of the elasticity of …
Persistent link: https://www.econbiz.de/10010528284
education should be effectively subsidized if, and only if, the elasticity of the earnings function is increasing in education …. The strength of second-best subsidization increases in the elasticity of the elasticity of the earnings function. This … second-order elasticity rule extends the well-known Ramsey-Boiteux Inverse Elasticity Rule. -- endogenous choice of education …
Persistent link: https://www.econbiz.de/10003940093