Showing 1 - 10 of 112
We study taxable wealth in unique Swedish administrative data, annually following a large sample of households over a period of almost 40 years. The main data limitation is non-observability of wealth for those below the tax exemption level. This implies that much of the focus of the paper is on...
Persistent link: https://www.econbiz.de/10011605347
We study taxable wealth in unique Swedish administrative data, annually following a large sample of households over a period of almost 40 years. The main data limitation is non-observability of wealth for those below the tax exemption level. This implies that much of the focus of the paper is on...
Persistent link: https://www.econbiz.de/10013130148
We show that unexpected price level movements generate sizable wealth redistribution in the Euro Area (EA), using …
Persistent link: https://www.econbiz.de/10011605898
We measure the heterogeneous welfare effects of the recent inflation surge across households in the Euro Area. A simple framework illustrating the numerous channels of the transmission mechanism of surprise inflation to household welfare guides our empirical exercise. By combining micro data and...
Persistent link: https://www.econbiz.de/10014543620
This paper investigates empirically the effect of personal income tax progressivity on output volatility in a sample of … OECD countries over the period 1982-2009. Our measure of tax progressivity is based on the difference between the marginal … hypothesis that higher personal income tax progressivity leads to lower output volatility. All other factors constant, countries …
Persistent link: https://www.econbiz.de/10011605426
This paper investigates the relationship between government debt and labour taxation for a panel of 18 EU countries over the period 1979-2008. The econometric estimates point to a statistically significant and economically relevant positive response of labour taxation to changes in the general...
Persistent link: https://www.econbiz.de/10011605353
We study the effects on the stock market of a securities transaction tax (STT). In particular, we focus on the recent introduction of a STT in Italy. Indeed, a peculiarity of the Italian STT is that it only concerns stocks of corporations with a market capitalization above 500 million euros. We...
Persistent link: https://www.econbiz.de/10011605994
This paper presents new evidence on the impact of the preferential treatment of owner-occupied housing in Europe. We find that tax benefits to homeowners reduce the user cost of housing capital by almost 40 percent compared to the efficient level under neutral taxation. On average, the tax...
Persistent link: https://www.econbiz.de/10011804402
This paper presents new evidence on the impact of the preferential treatment of owner-occupied housing in Europe. We find that tax benefits to homeowners reduce the user cost of housing capital by almost 40 percent compared to the efficient level under neutral taxation. On average, the tax...
Persistent link: https://www.econbiz.de/10012952182
We study the effects on the stock market of a securities transaction tax (STT). In particular, we focus on the recent introduction of a STT in Italy. Indeed, a peculiarity of the Italian STT is that it only concerns stocks of corporations with a market capitalization above 500 million euros. We...
Persistent link: https://www.econbiz.de/10012984218