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Persistent link: https://www.econbiz.de/10013342520
In 1996 Austria introduced a tax for the layoff of older workers, which was tightened in 2000. The regulation requires employers to pay a tax of up to 170 percent of the gross monthly income when they give notice to employees aged 50 or more. We use data from Austrian social security records to...
Persistent link: https://www.econbiz.de/10010294877
This paper shows that in ation in industrialized countries is largely a global phenomenon. First, the inflation rates of 22 OECD countries have a common factor that alone accounts for nearly 70 percent of their variance. This large variance share that is associated with Global Inflation is not...
Persistent link: https://www.econbiz.de/10010292130
's tax-based social transfers have not harmed either employment or GDP. Even unemployment benefits do not have robustly … employment effects, but through the net human-capital cost of protecting senior male workers at the expense of women and youth …
Persistent link: https://www.econbiz.de/10010266366
shipyard workers and miners. They have higher employment, not higher unemployment, and higher earnings than the comparison …
Persistent link: https://www.econbiz.de/10010321623
explaining the deviations of household inflation and unemployment expectations from the rational expectations benchmark …
Persistent link: https://www.econbiz.de/10010293481
that unemployment, being a homemaker, self-employed, living single, and having a child living close, are associated with an …
Persistent link: https://www.econbiz.de/10010321533
children appear to compare their actual economic status with that of their parents, deriving large satisfaction gains from an …This paper investigates the relationship between income satisfaction of adult children and their relative economic … income rank that is higher than that of their parents. The effect is asymmetric with regard to parents, as these seem not to …
Persistent link: https://www.econbiz.de/10010315482
The United Kingdom employed the McKenna rule to conduct fiscal policy during World War I (WWI) and the interwar period. Named for Reginald McKenna, Chancellor of the Exchequer (1915–16), the McKenna rule committed the United Kingdom to a path of debt retirement, which we show was...
Persistent link: https://www.econbiz.de/10010292227
We use information from the tax returns of U.S. multinational corporations to address three questions related to tax competition. First, does tax competition or company tax planning behavior better explain recent decreases in the local effective tax rates faced by U.S. multinationals investing...
Persistent link: https://www.econbiz.de/10010263226