Showing 1 - 10 of 8,856
demand by residential households for water. It uses the changes in distributions of water using the census block group levels …
Persistent link: https://www.econbiz.de/10013101832
We develop a theory of career paths and earnings in an economy in which agents organize in production hierarchies … of the theory with U.S. census data for the period 1990 to 2010. The model matches well the Lorenz curve of earnings as …
Persistent link: https://www.econbiz.de/10012994891
restrictions that the theory imposes on the joint behavior of consumption and income growth, and combining realizations and …
Persistent link: https://www.econbiz.de/10013147962
Efforts to reconcile inconsistencies between theory and estimates of the income elasticity of the value of a …
Persistent link: https://www.econbiz.de/10013150841
factor intensities and factor endowments. Here I move away from this structure to focus on demand and preferences. The … of demand for environmental quality. I analyze how per-capita income differences between two countries affect their …
Persistent link: https://www.econbiz.de/10013071509
Since Feldstein (1999), the most widely used method of calculating the excess burden of income taxation is to estimate the effect of tax rates on reported taxable income. This paper reevaluates the taxable income elasticity as a measure of excess burden when individuals can evade or avoid taxes....
Persistent link: https://www.econbiz.de/10012772448
The taxable income elasticity is a key parameter for predicting the effect of tax reform or designing an income tax. Bunching at kinks and notches in a single budget set have been used to estimate the taxable income elasticity. We show that when the heterogeneity distribution is unrestricted the...
Persistent link: https://www.econbiz.de/10012940809
Recent empirical work in public finance uses the housing price response to public investments to assess the efficiency of local durable public good provision. This paper investigates the theoretical foundations for this technique. In the context of a novel theoretical model developed to study...
Persistent link: https://www.econbiz.de/10013036008
This paper examines the stability of import and export demand functions for the United States over the 1975q1-2001q2 … period. Using the Johansen maximum likelihood approach, an export demand function is readily identified. In contrast, there … appears to be a structural break in the import demand function in 1995; specifications incorporating this break pass tests for …
Persistent link: https://www.econbiz.de/10013220385
demand and the dynamic interaction between the two in the context of the U.S. telecommunications industry over an extended … determinants of output demand. The contribution of the quasi-fixed inputs, such as R&D and physical capital, in the evolution of … issues such as the stability of the cost and demand structure over time, the changing characteristics of demand for local and …
Persistent link: https://www.econbiz.de/10013226071