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Tax Effects on Work Activity, Industry Mix and Shadow Economy Size : Evidence from Rich-Country Comparisons

Davis, Steven J.; Henrekson, Magnus - 2021

Guided by a simple theory of task assignment and time allocation, we investigate the long run response to national differences in tax rates on labor income, payrolls and consumption. The theory implies that higher tax rates reduce work time in the market sector, increase the size of the shadow...

Persistent link: https://www.econbiz.de/10013238958

Institutions vs. Policies : A Tale of Two Islands

Henry, Peter Blair - 2010

Recent work emphasizes the primacy of differences in countries' colonially-bequeathed property rights and legal systems for explaining differences in their subsequent economic development. Barbados and Jamaica provide a striking counter example to this long-run view of income determination. Both...

Persistent link: https://www.econbiz.de/10012758058

Implicit Contracts, the Great Depression, and Institutional Change : A Comparative Analysis of U.S. And Japanese Employment Relations, 1920-1940

Moriguchi, Chiaki - 2021

This paper employs a game-theoretic framework and a comparative historical analysis to study the impact of the Great Depression on corporate welfarism,' i.e., employers' voluntary provisions of non-wage benefits, greater employment security, and employee representation to their blue-collar...

Persistent link: https://www.econbiz.de/10013247185

The Changing Role of Government in Financing Health Care : An International Perspective

Stabile, Mark - 2013

This paper explores the changing role of government involvement in health care financing policy outside the United States. It provides a review of the economics literature in this area to understand the implications of recent policy changes on efficiency, costs and quality. Our review reveals...

Persistent link: https://www.econbiz.de/10013075869

Bond Market Inflation Expectations in Industrial Countries : Historical Comparisons

Bordo, Michael D. - 2003

We define the Fisherian Golden Rule measure of bond market inflation expectations as the difference between bond rates and trend real GDP growth rates. The concept is based on the Fisherian theory that an increase in longer-term inflation expectations would be reflected in longer-term interest...

Persistent link: https://www.econbiz.de/10012786913

A Head-to-Head Comparison of Augmented Wealth in Germany and the United States

Boenke, Timm - 2017

and pension wealth – for two countries: the United States and Germany. Pension wealth makes up a considerable portion of … household wealth: about 48% in the United States and 61% in Germany. The higher share in Germany narrows the wealth gap between … Germany, augmented wealth (US$651,000) is only 1.4 times higher. Further, the inclusion of pension wealth in household wealth …

Persistent link: https://www.econbiz.de/10012960706

Wage Equalization and Regional Misallocation : Evidence from Italian and German Provinces

Boeri, Tito - 2019

Italy and Germany have similar geographical differences in productivity – North more productive than South in Italy …; West more productive than East in Germany – but have adopted different models of wage bargaining. Italy sets wages based on … nationwide contracts that allow for limited local wage adjustments, while Germany has moved toward a more flexible system that …

Persistent link: https://www.econbiz.de/10012891326

Child Penalties Across Countries : Evidence and Explanations

Kleven, Henrik - 2019

This paper provides evidence on child penalties in female and male earnings in different countries. The estimates are based on event studies around the birth of the first child, using the specification proposed by Kleven et al. (2018). The analysis reveals some striking similarities in the...

Persistent link: https://www.econbiz.de/10012893143

Good Bye Lenin (or Not?) : The Effect of Communism on People's Preferences

Alesina, Alberto F. - 2009

Preferences for redistribution, as well as the generosities of welfare states, differ significantly across countries. In this paper, we test whether there exists a feedback process of the economic regime on individual preferences. We exploit the quot;experimentquot; of German separation and...

Persistent link: https://www.econbiz.de/10012767506

How Information Affects Support for Education Spending : Evidence from Survey Experiments in Germany and the United States

West, Martin R. - 2016

preferences by implementing parallel survey experiments in Germany and the United States. In both countries, support for increased …

Persistent link: https://www.econbiz.de/10012979764