Showing 1 - 10 of 312
This paper analyzes the economic effects of different income splitting rules for closely held corporations and sole proprietorships/partnerships in a tax system with a dual income tax. We conclude that the tax rules for closed corporations offer roughly the same cost of capital as for widely...
Persistent link: https://www.econbiz.de/10010321596
This paper presents a model yielding testable implications concerning the long-run co-movements of real exchange rates, relative productivity, the trade balance and terms of trade. Countries with higher productivity, trade deficits or improved terms of trade are found to have more appreciated...
Persistent link: https://www.econbiz.de/10010321757
The paper investigates the intertemporal spending behavior of Scandinavian local governments with particular attention to liquidity constraints imposed by balanced-budget-rules and other regulations. The main finding is that Danish local governments are more able to smooth current expenditures...
Persistent link: https://www.econbiz.de/10010321793
We explain a puzzle from two recent meta-analyses that cover 25 countries and claim to show that inputs systematically move from higher-value to lower-value activities despite strong aggregate labor productivity growth (ALP). These papers use variants of the Baily, Hulten and Campbell (1992)...
Persistent link: https://www.econbiz.de/10010397786
Croatian manufacturing firm exhibits large variation in participation in innovative work practices(IWPs) notably online teams, offline teams, employee ownership, and incentive pay. Amongst IWPs,probit estimates reveal that membership in offline teams most often yields favorable outcomes...
Persistent link: https://www.econbiz.de/10009360481
The paper reports the first experimental study on people's fairness views on extreme income inequalities arising from winner-take-all reward structures. We find that the majority of participants consider extreme income inequality generated in winner-take-all situations as fair, independent of...
Persistent link: https://www.econbiz.de/10011969198
We contribute a theory in which three channels interact to determine the degree of monopsony power and therefore the markdown of a worker's spot wage relative to her marginal product: (1) heterogeneity in worker-firm-specific preferences (non-wage amenities), (2) firm granularity, and (3) off-...
Persistent link: https://www.econbiz.de/10014551697
Die vorliegende Arbeit beschäftigt sich mit dem Thema der Regulierung von Finanzmärkten, über die die Öffentlichkeit …, Arbeiten hierzu vor. Auch diese Arbeit begibt sich nicht in die Nebel der grundsätzlichen Fragen über Sinn und Ausmass von … Aufsichtsmöglichkeiten auch die verbesserte Nutzung der Ressourcen der Aufsicht. Den ökonomischen Ressourcen widmet sich die Arbeit im …
Persistent link: https://www.econbiz.de/10010315397
In an article in International Tax and Public Finance, Peter Birch Sørensen (2005) gives an in-depth account of the new Norwegian Shareholder Tax, which allows the shareholders a deduction for an imputed risk-free rate of return. Sørensen's positive evaluation appears as reasonable for a...
Persistent link: https://www.econbiz.de/10010321456
This paper studies gender differences in labor market outcomes using data from an Internetbased CV database. The women in the database get fewer firm contacts than men, and we show that this is partly explained by differences in education, experience and other skills, is not explained by...
Persistent link: https://www.econbiz.de/10010321474