Narrow search
Showing 1 - 10 of 740
Cover Image
Income and Health Spending : Evidence from Oil Price Shocks
Acemoglu, Daron - 2009
Health expenditures as a share of GDP have more than tripled over the last half century. A common conjecture is that this is primarily a consequence of rising real per capita income, which more than doubled over the same period. We investigate this hypothesis empirically by instrumenting for...
Persistent link: https://www.econbiz.de/10012764832
Cover Image
The Effect of Marginal Tax Rates on Income : a Panel Study of 'Bracket Creep'
Saez, Emmanuel - 2021
schedule was fixed in nominal terms while inflation was high (around 10%). This produced a real change in tax rate schedules …
Persistent link: https://www.econbiz.de/10013246650
Cover Image
Immigration, Human Capital Formation and Endogenous Economic Growth
Ehrlich, Isaac - 2015
Census data from international sources covering 77% of the world's migrant population indicate that the skill composition of migrants in major destination countries, including the US, has been rising over the last 4 decades. Moreover, the population share of skilled migrants has been approaching...
Persistent link: https://www.econbiz.de/10013012386
Cover Image
Measuring Top Incomes Using Tax Record Data : A Cautionary Tale from Australia
Burkhauser, Richard V. - 2013
Atkinson, Piketty, and Saez (2011) survey an important new literature using income tax-based data to measure the share of income held by top income groups. But changes in tax legislation that expand the tax base to include income sources (e.g. capital gains, dividends, etc.) disproportionately...
Persistent link: https://www.econbiz.de/10013080416
Cover Image
Taxation, Inflation, and Monetary Policy
Sheshinski, Eytan - 2021
provision of only a partial inflation-exclusion to assets for which it is feasible. The problem is examined in this paper by … means of a simple model of anticipated inflation, in which individuals may invest either in assets for which full or partial … inflation-exclusion is provided, or in cash, for which no loss offset is allowed. Among other issues, we shall examine the short …
Persistent link: https://www.econbiz.de/10013218550
Cover Image
Personality Psychology and Economics
Almlund, Mathilde - 2011
This paper explores the power of personality traits both as predictors and as causes of academic and economic success, health, and criminal activity. Measured personality is interpreted as a construct derived from an economic model of preferences, constraints, and information. Evidence is...
Persistent link: https://www.econbiz.de/10013127755
Cover Image
Trends in the Transitory Variance of Male Earnings in the U.S., 1970-2004
Moffitt, Robert A. - 2011
We estimate the trend in the transitory variance of male earnings in the U.S. using the Michigan Panel Study of Income Dynamics from 1970 to 2004. Using both an error components model as well as simpler but only approximate methods, we find that the transitory variance started to increase in the...
Persistent link: https://www.econbiz.de/10013129122
Cover Image
Why is an Elite Undergraduate Education Valuable? Evidence from Israel
Lang, Kevin - 2011
In this paper we compare the labor market performance of Israeli students who graduated from one of the leading universities, Hebrew University (HU), with those who graduated from a professional undergraduate college, College of Management Academic Studies (COMAS). Our results support a model in...
Persistent link: https://www.econbiz.de/10013130976
Cover Image
The War at Home : Effects of Vietnam-Era Military Service on Post-War Household Stability
Conley, Dalton - 2011
Prior researchers have deployed the Vietnam-era draft lottery as an instrument to estimate causal effects of military service on health and income. This research has shown that effects of veteran status on mortality and earnings that appeared shortly after the war seem to have dissipated by...
Persistent link: https://www.econbiz.de/10013131668
Cover Image
Optimal Price Indices for Targeting Inflation Under Incomplete Markets
Anand, Rahul - 2011
In models with complete markets, targeting core inflation enables monetary policy to maximize welfare by replicating … stabilize price movements in the flexible price sector. Also, in the presence of financial frictions, stabilizing core inflation … frictions a welfare-maximizing central bank should adopt flexible headline inflation targeting--a target based on headline …
Persistent link: https://www.econbiz.de/10013133080