Narrow search
Showing 1 - 10 of 333
Cover Image
The Vanishing Bequest Tax:The Comparative Evolution of Bequest Taxationin Historical Perspective
Bertocchi, Graziella - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2007
hand, were among the first to be introduced when modernsystems of taxation were developed at the end of the nineteenth …
Persistent link: https://www.econbiz.de/10005863262
Cover Image
Fiscal Multipliers and the Labour Market in the Open Economy
Faia, Ester - 2010
Several contributions have recently assessed the size of fiscal multipliers both in RBC models and New Keynesian models. None of the studies considers a model with frictional labour markets which is a crucial element, particularly at times in which much of the fiscal stimulus has been directed...
Persistent link: https://www.econbiz.de/10013146168
Cover Image
The Vanishing Bequest Tax : The Comparative Evolution of Bequest Taxation in Historical Perspective
Bertocchi, Graziella - 2007
hand, were among the first to be introduced when modern systems of taxation were developed at the end of the nineteenth … determination of the dynamic political equilibrium of the model. Its effect is to compress bequest taxation but also to delay its … the long-term evolution of bequest taxation in modern democracies and with the drastic discrepancies currently observed …
Persistent link: https://www.econbiz.de/10012777737
Cover Image
Public Education for the Children Left Behind
Camacho, Carmen - 2010
This paper examines the role of public education in the context of parental migration, and it studies the effects of an expansive income tax policy that is adopted to increase public education expenditure per pupil. It is shown that such a policy may exacerbate income inequality in the long run...
Persistent link: https://www.econbiz.de/10013146464
Cover Image
Quantifying Optimal Growth Policy
Grossmann, Volker - 2010
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
Cover Image
Does Public Education Expansion Lead to Trickle-Down Growth?
Böhm, Sebastian - 2014
The paper revisits the debate on trickle-down growth in view of the widely discussed evolution of the earnings and income distribution that followed a massive expansion of higher education. We propose a dynamic general equilibrium model to dynamically evaluate whether economic growth triggered...
Persistent link: https://www.econbiz.de/10013045008
Cover Image
Military Draft and Economic Growth in OECD Countries
Keller, Katarina R. I. - 2013
Economic theory predicts that military conscription is associated with static inefficiencies as well as with dynamic distortions of the accumulation of human and physical capital. Relative to an economy with an all-volunteer force, output levels and growth rates should be lower in countries that...
Persistent link: https://www.econbiz.de/10012754360
Cover Image
Are Microloans Bad for Growth?
Emerson, Patrick M. - 2010
This paper constructs a two-period overlapping generations model of human capital investment decisions where a microloan program designed to finance entrepreneurial activities is active. It is shown that, in the presence of human capital externalities (social returns to education) there exists a...
Persistent link: https://www.econbiz.de/10013136775
Cover Image
Changes in China's Wage Structure
Ge, Suqin - 2012
Using a national sample of Urban Household Surveys, we document several profound changes in China's wage structure during a period of rapid economic growth. Between 1992 and 2007, the average real wage increased by 202 percent, accompanied by a sharp rise in wage inequality. Decomposition...
Persistent link: https://www.econbiz.de/10013107207
Cover Image
The Economic and Demographic Transition, Mortality, and Comparative Development
Cervellati, Matteo - 2013
We propose a unified growth theory to investigate the mechanics generating the economic and demographic transition, and the role of mortality differences for comparative development. The framework can replicate the quantitative patterns in historical time series data and in contemporaneous...
Persistent link: https://www.econbiz.de/10013086663