Showing 1 - 10 of 614
hand, were among the first to be introduced when modern systems of taxation were developed at the end of the nineteenth … determination of the dynamic political equilibrium of the model. Its effect is to compress bequest taxation but also to delay its … the long-term evolution of bequest taxation in modern democracies and with the drastic discrepancies currently observed …
Persistent link: https://www.econbiz.de/10003529728
Based largely on industry-level aggregate statistics, the prevailing view, and one that has strongly influenced macroeconomic thought, is that real wages during the cycle containing the Great Depression are either acyclical or countercyclical. Does this finding hold-up when more micro data are...
Persistent link: https://www.econbiz.de/10003969885
This paper provides estimates of labor productivity for one-third of UK manufacturing during the Great Depression. It covers engineering and allied industries, and metal working industries. A unique data set of actual hours of work is combined with comparable real output and employment...
Persistent link: https://www.econbiz.de/10012019324
We study the effect of state-level estate taxes on the geographical location of the Forbes 400 richest Americans and its implications for tax policy. We use a change in federal tax law to identify the tax sensitivity of the ultra-wealthy's locational choices. Before 2001, some states had an...
Persistent link: https://www.econbiz.de/10012126747
This paper presents a comprehensive analysis of the role of capital taxation in advanced economies with a focus on the … also examines the political feasibility of capital taxation by presenting results from a unique attitude survey targeted to …
Persistent link: https://www.econbiz.de/10011845732
In this essay I review Sylvia Nasar's long awaited new history of economics, Grand Pursuit. I describe how the book is … foibles to show they are human! I contrast the general view of the role of economics in Grand Pursuit with Robert Heilbroner …
Persistent link: https://www.econbiz.de/10009523482
In recent US recessions, employment losses have been much larger for men than for women. Yet, in the current recession …
Persistent link: https://www.econbiz.de/10012258294
We present real time survey evidence from the UK, US and Germany showing that the labor market impacts of COVID-19 differ considerably across countries. Employees in Germany, which has a well-established short-time work scheme, are substantially less likely to be affected by the crisis. Within...
Persistent link: https://www.econbiz.de/10012207117
The analysis provides a new explanation for two widespread problems concerning European unemployment policy: the disappointingly small effect of many past reform measures on unemployment, and the political difficulties in implementing more extensive reform programs. We argue that the heart of...
Persistent link: https://www.econbiz.de/10011295418
We study the effects of information on attitudes towards inheritance taxation using survey experiments fielded in … misinformation may contribute to explaining the paradox of limited demand for inheritance taxation despite growing inequality …
Persistent link: https://www.econbiz.de/10014580153