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In addition to providing useful skills, education may also yield valuable information about one's tastes and talents. This paper exploits an exogenous difference in the timing of academic specialization within the British system of higher education to test whether education provides such...
Persistent link: https://www.econbiz.de/10013153976
This working paper presents Chapter 7 of a book to be published for the National Bureau of Economic Research by the University of Chicago Press. The point of the book is to compare taxes on income from capital in four countries,accounting for corporate, personal, and property taxes, and...
Persistent link: https://www.econbiz.de/10013224427
taken into account. Comparisons of Engel curves are also made to households in Great Britain and Germany. Results from …
Persistent link: https://www.econbiz.de/10013309366
This working paper presents Chapter 2 of a book that has been submitted to the University of Chicago Press for publication consideration. The point of the book is to compare taxes on income from capital infour countries,accounting for corporate, personal, and property taxes, and including...
Persistent link: https://www.econbiz.de/10013226949
subsidies on retirement, savings and housing choices in the two countries. Germany faces a particularly pronounced aging process … percent at its peak in 2030. In this respect, changes that are occurring in Germany now may be regarded as indicative for … changes to come in the United States. Retirement, savings and housing behavior differ quite markedly between Germany and the …
Persistent link: https://www.econbiz.de/10013227208
instrument and target variables. The time spans examined are 1962-1998 for the U.S. and U.K., and 1972-1998 for Japan. In …
Persistent link: https://www.econbiz.de/10013216491
empirical characterization of price and wage changes over the last century in the U.S., U.K., and Japan, in order to demonstrate … phenomenon rather than the universal fact implied by Okun. The results for the U.K. and Japan com- pound the conflict with Okun … particularly flexible in the U.S. during World War I and its aftermath, in Japan since 1914, and in the U.K. since the mid-1950s …
Persistent link: https://www.econbiz.de/10013231439
.K. and Japan are between three and 15 times more flexible than in the U.S. during the postwar period. Corresponding to … greater flexibility in wages, these two countries also exhibit more stable employment behavior over the business cycle. In … similar to that in Britain and Japan. The contrast between the prewar data and the postwar data, where the U.S. is a definite …
Persistent link: https://www.econbiz.de/10013239186
This study compares labor and total factor productivity (TFP) in France, Japan, the United Kingdom and the United … extent also to France and Japan, a relative decline that was interrupted by the second world war (WW2); (iii) the remarkable … catching-up to the United States by France and Japan after WW2, that stopped in the case of Japan during the 1990s. Capital …
Persistent link: https://www.econbiz.de/10013149831
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