Showing 1 - 10 of 8,164
This paper sets out a framework for analyzing optimal interventions by a tax administration, one that parallels and can be closely integrated with established frameworks for thinking about optimal tax policy. At its heart is a summary measure of the impact of administrative interventions—the...
Persistent link: https://www.econbiz.de/10012986699
Many developing countries have suffered under the personal rule of kleptocrats', who implement highly inefficient economic policies, expropriate the wealth of their citizens, and use the proceeds for their own glorification or consumption. We argue that the success of kleptocrats rests, in part,...
Persistent link: https://www.econbiz.de/10013240570
The outreach of macroprudential policies is likely limited in practice by imperfect regulation enforcement, whether due to shadow banking, regulatory arbitrage, or other regulation circumvention schemes. We study how such concerns affect the design of optimal regulatory policy in a workhorse...
Persistent link: https://www.econbiz.de/10013224121
A general equilibrium model featuring multiple realistic sources of financial frictions is developed to study how different constraints interact in equilibrium. We highlight, distinguish, and evaluate their differential impacts and rich interactions. The economic impact of financial inclusion...
Persistent link: https://www.econbiz.de/10013030631
valued? We provide a general theory of optimal technology regulation in a second best world, with rich heterogeneity across …
Persistent link: https://www.econbiz.de/10012910297
For most parameter values, increased randomness about how much taxable income an auditor would assess leads to higher reported income and more revenue, When reducing randomness is costly, optimality requires some randomness in assessed taxable Income. Even if reducing randomness g costless,...
Persistent link: https://www.econbiz.de/10013228039
standard economic incentive theory, but also that effects of anti-corruption policies often attenuate as officials find …Recent years have seen a remarkable expansion in economists' ability to measure corruption. This, in turn, has led to a … new generation of well-identified, microeconomic studies. We review the evidence on corruption in developing countries in …
Persistent link: https://www.econbiz.de/10013120310
administrative costs and local corruption. Administrative reforms by the center can have perverse effects. Policy implications are …
Persistent link: https://www.econbiz.de/10012889960
Political corruption is considered a major impediment to economic development, and yet it remains pervasive throughout … the world. This paper examines the extent to which government audits of public resources can reduce corruption by … enhancing political and judiciary accountability. We do so in the context of Brazil's anti-corruption program, which randomly …
Persistent link: https://www.econbiz.de/10012986289
Performance pay for tax collectors has the potential to raise revenues, but might come at a cost if taxpayers face undue pressure from collectors. We report the first large-scale field experiment on these issues, where we experimentally allocated 482 property tax units in Punjab, Pakistan into...
Persistent link: https://www.econbiz.de/10013044974