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The optimal mix of growth policies is derived within a comprehensive endogenous growth model. The analysis captures important elements of the tax-transfer system and takes into account transitional dynamics. Currently, for calculating corporate taxable income US firms are allowed to deduct...
Persistent link: https://www.econbiz.de/10003976826
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
We provide new results regarding the identification of peer effects. We consider an extended version of the linear-in-means model where each individual has his own specific reference group. Interactions are thus structured through a social network. We assume that correlated unobservables are...
Persistent link: https://www.econbiz.de/10003538925
We examine the determinants of low income transitions using first-order Markov models that control for initial conditions effects (those found to be poor in the base year may be a nonrandom sample) and for attrition (panel retention may also be non-random). Our econometric model is a form of...
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With the year 2015 - the MDG finishing line - approaching, post-2015 goals as they impact Africa need to be firmed. The … promote shared prosperity in every society. We examine feasibility of these objectives for Sub-Saharan Africa, the world … rate, especially if in part achieved by lowering inequality, the Africa region would meaningfully contribute to the global …
Persistent link: https://www.econbiz.de/10010345542