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Empirical welfare analysis in random utility models of labour supply
Decoster, André; Haan, Peter - 2010
The aim of this paper is to apply recently proposed individual welfare measures in the context of random utility models of labour supply. Contrary to the standard practice of using reference preferences and wages, these measures preserve preference heterogeneity in the normative step of the...
Persistent link: https://www.econbiz.de/10010285751
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A switch from joint to individual taxation is welfare improving
Decoster, André; Haan, Peter - 2011
In this paper we empirically derive the welfare effects of a shift from joint taxation with full income splitting to a … revenue neutral system of individual taxation in Germany. For the empirical welfare evaluation we estimate the preference … welfare measure we use, individual taxation would on average increase individual welfare. Moreover, as far as the aggregation …
Persistent link: https://www.econbiz.de/10010287264
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Contribution to Productivity or Pork Barrel? The Two Faces of Infrastructure Investment
Cadot, Olivier; Röller, Lars-Hendrik; Stephan, Andreas - 2004
This paper proposes a simultaneous-equation approach to the estimation of the contribution of transport infrastructure accumulation to regional growth. We model explicitly the political-economy process driving infrastructure investments; in doing so, we eliminate a potential source of bias in...
Persistent link: https://www.econbiz.de/10010265699
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European monetary policy and the ECB rotation model voting power of the core versus the periphery
Belke, Ansgar; von Schnurbein, Barbara - 2010
We analyze the ECB Governing Council's voting procedures. The literature has by now discussed numerous aspects of the rotation model but does not account for many institutional aspects of the voting procedure of the GC. Using the randomization scheme based on the multilinear extension (MLE) of...
Persistent link: https://www.econbiz.de/10010276710
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How do entrepreneurial portfolios respond to income taxation?
Fossen, Frank M.; Rees, Ray; Rostam-Afschar, Davud; … - 2017
We investigate how personal income taxes affect the portfolio share of personal wealth that entrepreneurs invest in their own business. In a reformulation of the standard portfolio choice model that allows for underreporting of private business income to tax authorities, we show that a fall in...
Persistent link: https://www.econbiz.de/10011674103
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Risky earnings, taxation and entrepreneurial choice: a microeconometric model for Germany
Fossen, Frank M. - 2007
Which role do individual income prospects play in the decision to be an entrepreneur rather than an employee? In a model of occupational choice, higher expected after-tax earnings attract people to self-employment, while more risky net earnings deter risk-averse individuals. In this paper I...
Persistent link: https://www.econbiz.de/10010273789
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Drivers of participation elasticities across Europe: Gender or earner role within the household?
Bartels, Charlotte; Shupe, Cortnie - 2021
We compute participation tax rates across the EU and find that work disincentives inherent in tax-benefit systems largely depend on household composition and the individual's earner role within the household. We then estimate participation elasticities using an IV group estimator that enables us...
Persistent link: https://www.econbiz.de/10012643598
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Severance Pay and the Shadow of the Law: Evidence for West Germany
Goerke, Laszlo; Pannenberg, Markus - 2005
incidence and magnitude of severance pay. Moreover, restrictive changes in the taxation of severance pay have a negative causal …
Persistent link: https://www.econbiz.de/10010260929
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Income Taxes and Entrepreneurial Choice: Empirical Evidence from Germany
Fossen, Frank M.; Steiner, Viktor - 2006
Entrepreneurial activity is often regarded as an engine for economic growth and job creation. Through tax policy, governments possess a potential lever to influence the decisions of economic agents to start and close small businesses. In Germany, the top marginal income tax rates were reduced...
Persistent link: https://www.econbiz.de/10010260954
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Preferences for childcare policies: theory and evidence
Borck, Rainald; Wrohlich, Katharina - 2008
We analyse preferences for public, private or mixed provision of childcare theoretically and empirically. We model childcare as a publicly provided private good. Richer households should prefer private provision to either pure public or mixed provision. If public provision redistributes from...
Persistent link: https://www.econbiz.de/10010265034