Since 2002 the German government seeks to stimulate private retirement savings by means of special allowances and tax …

I estimate permanent and transitory tax-price and income elasticity of charitable giving in Germany using a rich panel … data of tax return for the years 2001-2006. Income tax reforms were implemented in 2004 and 2005. The results suggest that … the permanent tax-price elasticity varies significantly by income class, ranging from -0.2 for low incomes to -1.6 for …

This paper investigates the inter-temporal loss usage of tax units in Germany. Tax units that experience a loss in a … year can offset that loss with positive income from adjacent year to receive a tax refund. Similar to companies, tax units … can employ losses as carry-back in the year before the loss or as carry-forward in the year following the loss. The tax …

extent of such behavioral responses for the Earned Income Tax Credit (EITC) in the US. We exploit the fact that US states can … set top-up rates, which means that at a given point in time, workers with the same income receive different tax refunds in … bunching of self-employed tax filers at the first kink point of the tax schedule. While we document a strong relationship up …

Tax expenditures are generally defined as those government expenditures carried out through tax legislation …, regulations, and practices that reduce or defer taxes for some taxpayers. There is a general concern that the tax expenditures … negatively affect the budget and tax policies, which in turn affect the transparency, efficiency, and equality of the fiscal …

This paper studies how investment tax incentives stimulate output in an estimated medium-scale dynamic stochastic … general equilibrium model. We find that the horizon following a positive shock to investment tax incentives is crucial. The …

This paper studies how investment tax incentives stimulate output in a medium-scale DSGE model, which allows for a … variety of fiscal financing mechanisms. We find that the horizon following a positive shock in investment tax incentives is … analysis also contributes to the time-to-build profile of the fiscal multiplier. The results suggest that investment tax …