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three main results. First, the scheme has doubled the number of highly paid foreigners in Denmark relative to slightly less … paid ineligible foreigners, which translates into a very large elasticity of migration with respect to the net-of-tax rate … on foreigners, between 1.5 and 2. Hence, preferential tax schemes for highly paid foreign workers could create severe tax …
Persistent link: https://www.econbiz.de/10012459776
This paper investigates whether and why pensioners move across borders in response to tax rate differentials. In 2013, retirees relocating to Portugal became eligible to a full tax exemption of foreign-source pensions. Contrary to the broadly held belief that seniors "age in place", we find...
Persistent link: https://www.econbiz.de/10015056216
that incorporates unemployment and endogenous wages. This formula nests a broad variety of structures of the labor market …, such as competitive models with fixed or flexible wages and models with matching frictions. Our results show that the …
Persistent link: https://www.econbiz.de/10012456914
In the four decades since 1980, US colleges and universities have seen the number of students from abroad quadruple. This rise in enrollment and degree attainment affects the global supply of highly educated workers, the flow of talent to the US labor market, and the financing of US higher...
Persistent link: https://www.econbiz.de/10012482560
This paper evaluates research examining the effects of tax-based saving incentives on private and national saving. Several" factors make this an unusually difficult problem. First, households that participate in, or are eligible for, saving incentive plans have systematically stronger tastes for...
Persistent link: https://www.econbiz.de/10012473075
This paper reviews recent research regarding high-skilled migration. We adopt a data-driven perspective, bringing together and describing several ongoing research streams that range from the construction of global migration databases, to the legal codification of national policies regarding...
Persistent link: https://www.econbiz.de/10012455754
The global distribution of talent is highly skewed and the resources available to countries to develop and utilize their best and brightest vary substantially. The migration of skilled workers across countries tilts the deck even further. Using newly available data, we first review the landscape...
Persistent link: https://www.econbiz.de/10012455965
workers and firms in Denmark between 1999 and 2009, we use instrumental-variables techniques and a quasi-natural experiment to …
Persistent link: https://www.econbiz.de/10012456360
Using novel data on 50,000 Norwegian men, we study the effect of wealth on the probability of internal or international … do so by exploiting variation in parental wealth and in expected inheritance by birth order, gender composition of … siblings, and region. We find that wealth discouraged migration in this era, suggesting that the poor could be more likely to …
Persistent link: https://www.econbiz.de/10012460363
This paper considers the taxation of top incomes when the following conditions apply: (i) new ideas drive economic growth, (ii) the reward for creating a successful innovation is a top income, and (iii) innovation cannot be perfectly targeted by a separate research subsidy --- think about the...
Persistent link: https://www.econbiz.de/10012479676