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On 23 June 2016, the United Kingdom voted to leave the European Union (so-called 'Brexit'). This paper uses newly … against Brexit. Two key findings emerge. First, unhappy feelings contributed to Brexit. However, contrary to commonly heard … feelings about his or her own financial situation. Second, despite some commentators' guesses, Brexit was not caused by old …
Persistent link: https://www.econbiz.de/10011744771
We examine the extent to which taxes on corporate income are directly shifted onto the workforce. We use data on 55,082 companies located in nine European countries over the period 1996-2003. We identify this direct shifting through cross-company variation in tax liabilities, conditional on...
Persistent link: https://www.econbiz.de/10010278421
Empirical evidence on the degree of business-tax shifting to employees via the wage level is highly controversial and rare. It remains open to which extent the tax burden is shifted, whether there are differences for tax increases and decreases, or whether there exists some treatment...
Persistent link: https://www.econbiz.de/10010283978
wellbeing around the time of the June 2016 EU membership Referendum in the UK (Brexit). We find that those reporting a …. The initial positive subjective wellbeing effect of the Brexit vote was particularly pronounced for male and older … respondents who reported a preference for leaving the EU. However, adaptation to the Brexit result appears to be complete three …
Persistent link: https://www.econbiz.de/10011816478
(henceforth, Brexit) has impacted international student applications in the United Kingdom. Using administrative data spanning … from 2013 through 2019, along with a quasi-experimental approach, we find evidence of Brexit curtailing the growth rate of … student exchanges to research, development and growth, further research on the implications of Brexit for UK universities and …
Persistent link: https://www.econbiz.de/10012597393
In Europe, the competence for social security and the right to levy income tax lie with the country of employment in cross-border matters. This has two disadvantages. First, the Employment Principle distorts active persons' choice of place of work. Second, the employment-based regulation of...
Persistent link: https://www.econbiz.de/10010262749
This paper substantially extends the limited available evidence on existence and extent of downward nominal wage rigidity in the European Union and the Euro Area. For this purpose we develop an econometric multi-country model based on Kahn?s (1997) histogram-location approach and apply it to...
Persistent link: https://www.econbiz.de/10010262208
Social transfers vary enormously across the EU, as has been demonstrated in earlier research. This paper analyses the comparative effects of cash transfers on inequality and poverty, using consistent household data. The analysis shows that the distributional impact of these transfers is greater...
Persistent link: https://www.econbiz.de/10010262565
In recent years in the public discourse of many European countries there has been a shift in emphasis from ?poverty? to ?social exclusion?. Broadly interpreted, ?social exclusion? implies the ?inability of an individual to participate in the basic political, economic and social functionings of...
Persistent link: https://www.econbiz.de/10010262596
The systems of direct taxes and cash benefits in the Member States of the European Union vary considerably in size and structure. We explore their direct impacts on cross-sectional income inequality (termed redistributive effect for the purpose of this paper) using EUROMOD, a tax-benefit...
Persistent link: https://www.econbiz.de/10010267678