Showing 1 - 10 of 10
I study the spill-over effects of legislated discretionary tax changes in the United States, Germany, and the United Kingdom to 11 Eurozone countries for the period 1980Q1-2018Q4 employing Local Projections (Jordà, 2005). In general, I find spillovers from US tax legislation to have the...
Persistent link: https://www.econbiz.de/10012653882
rises (drops) during recessionary (non-recessionary) times. In general, consumption, investment, and employment follow in …
Persistent link: https://www.econbiz.de/10012653883
We study the effect of tax policy on stock market returns in the United States, Germany, and the United Kingdom using GARCH models and a unique daily dataset of legislative tax changes during the period 1 December 1978 to 31 January 2018. We find that days of discretionary tax legislation during...
Persistent link: https://www.econbiz.de/10012543679
Using a narrative account of quarterly discretionary changes in tax liabilities from 1974Q4 to 2018Q2 in a VAR setting, we study whether legislative tax changes affect the trade balance in the United States, Germany, and the United Kingdom. As legislative tax changes we consider (i) all changes,...
Persistent link: https://www.econbiz.de/10012543684
We estimate the elasticities of the most important tax categories using a new quarterly database of discretionary tax measures for the United States, Germany, and the United Kingdom over the period 1980Q1 to 2018Q2. Employing Romer and Romer's (2009) narrative approach, we construct a...
Persistent link: https://www.econbiz.de/10012543693
We utilise repeated cross sections of micro data from several countries, available from the Luxembourg Income Study, LIS, to estimate labour supply elasticities, both at the intensive and extensive margin. The benefit of the data is that it spans over four decades and includes a large number of...
Persistent link: https://www.econbiz.de/10010335461
density, deindustrialization, unemployment, employment levels, and education spending. The main determinants of redistribution … are (in order of magnitude) left government, family structure, welfare state generosity, unemployment, and employment …
Persistent link: https://www.econbiz.de/10010335556
Using LIS data the author explores the possibility that markets, the public sector, or demographic shifts affect the changing distribution of income among families in five industrialized countries in the 1980s.
Persistent link: https://www.econbiz.de/10011652817
Using LIS data, Jäntti examines levels and trends in income inequality among families in five industrialized countries, namely Canada, the Netherlands, Sweden, the United Kingdom, and the United States, exploring the possibility that markets, the public sector or demographic shifts would...
Persistent link: https://www.econbiz.de/10011652872
We analyze the impact of the state on the incidence of poverty in the working-age population of 14 advanced capitalist democracies between 1970 and 1997 using an unbalanced panel design. We utilize poverty measures based on micro-level data from the Luxembourg Income Study in conjunction with...
Persistent link: https://www.econbiz.de/10011653004