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We explore the far-reaching implications of replacing current unemployment benefit (UB) systems by an unemployment accounts (UA) system. Under the UA system, employed people are required to make ongoing contributions to their UAs and the balances in these accounts are available to them during...
Persistent link: https://www.econbiz.de/10014058461
This paper analyzes savings and asset holdings of immigrants in relation to their return plans. We argue that savings and asset accumulation may be affected by return plans of immigrants. Further, the way savings and assets are held in the home- and host country may also be related to future...
Persistent link: https://www.econbiz.de/10013129924
This paper investigates to what extent the wealth accumulation of immigrants is explained by their degree of assimilation, defined as the immigrants' capacity to become more similar over time to the local people in terms of their norms, values, behaviours, and socioeconomic characteristics. The...
Persistent link: https://www.econbiz.de/10013098452
Studies have found evidence that seemingly irrelevant details of an income component such as its label have an effect on how it is used. Using a data set with more than one million employee-month observations, we investigate the role of functional form assumptions and time aggregation in the...
Persistent link: https://www.econbiz.de/10013087430
In this paper, we investigate the effect of real estate prices on productive investment. We build a simple theoretical framework of firms' investment with credit rationing and real estate collateral. We show that real estate prices affect firms' borrowing capacities through two channels.An...
Persistent link: https://www.econbiz.de/10012906468
study a reform in Germany that abruptly abolished this mandate for certain firms incorporated after August 1994 but locked …
Persistent link: https://www.econbiz.de/10012858488
A provision of the Tax Cuts and Jobs Act of 2017 offered tax incentives for investing in certain low-income areas in the United States called Opportunity Zones (OZs). The goal of this provision was to spur private investment in OZs in order to improve the economic well-being of their residents....
Persistent link: https://www.econbiz.de/10014083726
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/10013141717
indirect effects arising from agglomeration economies. Exploiting a change in tax credit rates by firm size in Germany, I find …
Persistent link: https://www.econbiz.de/10014238698
). First, we find that educational attainment and language proficiency have a higher return in the Netherlands than in Germany …, while for Germany we find a negative relation with tenured employment. The contrasting results on tenured employment may be … explained partly by differences in immigration rules. In Germany economic self-reliance is more important than in the …
Persistent link: https://www.econbiz.de/10014051625