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integrated production and thus leads to more outsourcing. Additionally, we analyse how domestic costs and taxation affect the … and therefore, increase employment. Concerning the impact of taxation, we find that a lower consumption tax on output … but higher fixed costs than the domestic production, we show that the opposite effects concerning competition and taxation …
Persistent link: https://www.econbiz.de/10010303908
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/10011672012
not hold in general. Our results suggest that taxation has a significant and strong impact on consumption choice. Over the … Ricardian proposition. Our results show dynamic effects; taxation inuences consumption beyond the current period. …
Persistent link: https://www.econbiz.de/10010392293
A large literature has documented top income share series based on income tax statistics using the common methodology established by Piketty (2001, 2003). The disappearance of capital income from the income tax base in many countries poses a major challenge to the comparability of these series...
Persistent link: https://www.econbiz.de/10010427147
deferred taxation under different rules of funding the pension contributions. The model provides a systematic general framework … complications such as multiple interest rates and progressive income taxation are also considered. The findings suggest that …
Persistent link: https://www.econbiz.de/10010308313