Showing 1 - 10 of 42
Persistent link: https://www.econbiz.de/10012153337
choices in explaining the large variation in elasticity size observed across studies. While some recent studies show that …
Persistent link: https://www.econbiz.de/10010194452
There is still considerable dispute about the magnitude of labor supply elasticities. While differences in micro and macro estimates are recently attributed to frictions and adjustment costs, we show that relatively low labor supply elasticities derived from microeconometric models can also be...
Persistent link: https://www.econbiz.de/10010366933
finding is especially strong on the extensive margin where the elasticity for a wage decrease is twice that for a wage …
Persistent link: https://www.econbiz.de/10011418892
Global impact assessment of unilateral climate policies is commonly based on multi‐sector, multi‐region computable general equilibrium (CGE) models that are calibrated to consistent accounts of production, consumption, and bilateral trade flows. However, global economic databases such as...
Persistent link: https://www.econbiz.de/10009661223
(electricity and heating) in Germany. Using official expenditure data from 1993 to 2008, we estimate an expenditure elasticity for … electricity of 0.3988 and of 0.4055 for space heating. The own price elasticity for electricity is -0.4310 and -0.5008 in the case … increases in energy prices show a regressive pattern of incidence, implying that the welfare consequences of direct energy …
Persistent link: https://www.econbiz.de/10011503007
Persistent link: https://www.econbiz.de/10012591300
seminal inverse-elasticity rule. First, we estimate the tax elasticity of the two tax bases using event-study and generalized … business profits. This suggests that municipality-level taxation in Germany is inconsistent with the inverse-elasticity rule …
Persistent link: https://www.econbiz.de/10011900011
Persistent link: https://www.econbiz.de/10014311878
Persistent link: https://www.econbiz.de/10012220854