business profits. This suggests that municipality-level taxation in Germany is inconsistent with the inverse-elasticity rule … seminal inverse-elasticity rule. First, we estimate the tax elasticity of the two tax bases using event-study and generalized …

employees. With panel data from 1996-2002, I analyse the impact of continuing training on wages and productivity in a Cobb … on both wages and productivity. The effect on productivity is about three times higher than the one on wages. High …

This paper considers training, mobility decisions and wages together to test for the specificity of human capital … contained in continuing training courses. We empirically analyse the relationship between training, mobility and wages in two …, we find that wages are lower for job changers for the group of training participants, so wages decrease when trained …

comes from their own actions instead of being determined by luck or destiny, earn higher wages. However, this positive …