Showing 1 - 10 of 286
Climate change policies have been rising to the top of the global political agenda, but how should governments finance them? Public economists propose solutions based on economic theory, but their political feasibility depends on voters' support, and ordinary households often neglect economic...
Persistent link: https://www.econbiz.de/10013186775
Climate change policies have been rising to the top of the global political agenda, but how should governments finance them? Public economists propose solutions based on economic theory, but their political feasibility depends on voters’ support, and ordinary households often neglect economic...
Persistent link: https://www.econbiz.de/10013266692
We study the effects of electoral institutions on the size and composition of public expenditure in OECD and Latin American countries. We present a model emphasizing the distinction between purchases of goods and services, which are easier to target geographically, and transfers, which are...
Persistent link: https://www.econbiz.de/10005264182
What is the impact of political decentralisation in Latin America? This book considers the problems raised by political decentralisation in the region and identifies the challenges ahead. Political decentralisation tends to devolve a certain amount of financial responsibility to the sub-national...
Persistent link: https://www.econbiz.de/10010673841
theoretical grounds the discretionary component of taxation should be allowed to have different effects on output than the … Favero and Giavazzi (2010): typically, a one percentage point of GDP increase in taxes leads to a decline in GDP by about 1 …
Persistent link: https://www.econbiz.de/10008854466
preferences. We derive important implications for research on optimal taxation. …
Persistent link: https://www.econbiz.de/10010293670
Previous reviews of static labor supply estimations concentrate mainly on the evidence from the 1980s and 1990s, Anglo-Saxon countries and early generations of labor supply modeling. This paper provides a fresh characterization of steady-state labor supply elasticities for Western Europe and the...
Persistent link: https://www.econbiz.de/10010324136
Previous reviews of static labor supply estimations concentrate mainly on the evidence from the 1980s and 1990s, Anglo-Saxon countries and early generations of labor supply modeling. This paper provides a fresh characterization of steady-state labor supply elasticities for Western Europe and the...
Persistent link: https://www.econbiz.de/10010329211
the general properties of fair and efficient tax-benefit schemes. Next, we study two special cases income taxation and …
Persistent link: https://www.econbiz.de/10010331351
There is a huge variation in the size of labor supply elasticities in the literature, which hampers policy analysis. While recent studies show that preference heterogeneity across countries explains little of this variation, we focus on two other important features: observation period and...
Persistent link: https://www.econbiz.de/10011991989