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Constructing BEA highways and streets net wealth stocks with detailed types of investment and engineering-based estimates of depreciation

Fraumeni, Barbara M.; Kornfeld, Robert - 2024

produce updated estimates of net wealth stocks and depreciation. Major components of highways and streets other than pavement … engineering-based depreciation patterns are very dissimilar to the BEA patterns. The engineering-based net wealth pavement stock … depreciation patterns fall from an efficiency level of about 0.055 to zero after 20 years of life; the BEA Hulten-Wykoff-based net …

Persistent link: https://www.econbiz.de/10014584337

Fiscal competition for imperfectly-mobile labor and capital : a comparative dynamic analysis

Wildasin, David E. - 2009

Interjurisdictional flows of imperfectly-mobile migrants, investment, and other productive resources result in the costly dynamic adjustment of resource stocks. This paper investigates the comparative dynamics of adjustment to changes in local fiscal policy with two imperfectly mobile productive...

Persistent link: https://www.econbiz.de/10003901986

Electoral rules, political competition and fiscal expenditures : regression discontinuity evidence from Brazilian municipalities

Chamon, Marcos; Mello, Joao M. P. de; Firpo, Sérgio … - 2009

We exploit a discontinuity in Brazilian municipal election rules to investigate whether political competition has a causal impact on policy choices. In municipalities with less than 200,000 voters mayors are elected with a plurality of the vote. In municipalities with more than 200,000 voters a...

Persistent link: https://www.econbiz.de/10003931974

Fiscal zoning, sales taxes, and employment : do higher sales taxes lead to more jobs in retailing and fewer jobs in manufacturing?

Burnes, Daria; Neumark, David; White, Michelle J. - 2012

We test the hypothesis that local government officials in jurisdictions that have higher local sales taxes are more likely to use fiscal zoning to attract retailing. We find that total retail employment is not significantly affected by local sales tax rates, but employment in big box and anchor...

Persistent link: https://www.econbiz.de/10009533477

Fiscal competition and the composition of public spending : theory and evidence

Borck, Rainald (contributor); Caliendo, Marco (contributor); … - 2006

In this paper, we consider fiscal competition between jurisdictions. Capital taxes are used to finance a public input and two public goods, one which benefits mobile skilled workers and one which benefits immobile unskilled workers. We derive the jurisdictions' reaction functions for different...

Persistent link: https://www.econbiz.de/10003497954

Intergenerational social mobility and assortative mating in Britain

Ermisch, John; Francesconi, Marco - 2002

This paper investigates the links between the socio-economic position of parents and the socio-economic position of their offspring and, through the marriage market, the socioeconomic position of their offspring's parents-in-law. Using the Goldthorpe-Hope score of occupational prestige as a...

Persistent link: https://www.econbiz.de/10011410687

Eine fiskalische Gesamtbilanz der Zuwanderung nach Deutschland

Bonin, Holger - 2002

Dieser Beitrag analysiert die fiskalischen Gesamtwirkungen der Zuwanderung nach Deutschland mit Hilfe der demographisch basierten langfristigen Budgetmethode der Generationenbilanzierung. Für den Bestand der Einheimischen und Zuwanderer wird der Gegenwartswert der individuell über den...

Persistent link: https://www.econbiz.de/10011411849

Human capital formation, life expectancy and the process of economic development

Cervellati, Matteo; Sunde, Uwe - 2003 - (Updated May 2003)

This paper presents a non-Malthusian theory of long-term development We model the interplay between the process of human capital formation, technological progress, and the biological constraint of finite lifetime expectancy. All these processes are interdependent and determined endogenously. The...

Persistent link: https://www.econbiz.de/10011413569

From parent to child : early labor market experiences of second-generation immigrants in the Netherlands

Ours, Jan C. van; Veenman, Justus - 2002

This paper is on the early labor market experiences of second-generation immigrants in the Netherlands. We find that only for employment rates there are some differences a cross ethnic groups. Conditional on having a job there is hardly any difference in wages and other job characteristics...

Persistent link: https://www.econbiz.de/10011415182

How do parents raise the educational attainment of future generations

Plug, Erik J. S. - 2002

The problem with most intergenerational mobility estimates is that unmeasured and inherited abilities prevent us from drawing inferences. In this paper we estimate the intergenerational mobility of schooling and exploit differences between adopted and own birth children to obtain genetically...

Persistent link: https://www.econbiz.de/10011415222

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