Seit Jahren bildet das Für und Wider einer Besteuerung von Vermögen einen integralen Bestandteil der Steuerreformdiskussionen in Deutschland.Anlaß für die erneute Diskussion ist der vom SPD-Parteivorstand beschlossene Leitantrag,in dem eine zusätzliche Belastung großer Vermögen für die...

[...]This article investigates the relationshipbetween asset size and risk at bank holding companiesfrom 1987 to 1993.1 We find that for most of thisperiod, the level of risk at large bank holding companiesdid not differ significantly from that at small bankholding companies. However, we do find...

A methodology for measuring public agricultural research capital is developed anddescribed for the first time, new public agricultural research capital measures for each of the 48contiguous US states, 1970-1999, are presented, and a new econometric analysis of the contributionof public...

In this paper we attempt to assess empirically the capability set ofthe disabled. We formulate the assumptions under which capability canbe interpreted as needs-adjusted disposable household income, and useequivalence scales methodology to estimate it for households in the UK.We identify a...

We describe Amartya Sen’s Capability Approach to welfare evaluationin the language of standard welfare economics, and assess to what extentit provides a genuine alternative for individual welfare measurement andpolicy evaluation. We review the nascent empirical literature on the...

The paper addresses two questions. First, is item nonresponse (INR) a precursor of panelattrition (UNR), as predicted by the theory of a latent cooperation continuum, or is theinterrelation of another type? Second, are the results in models of item nonresponse behavioraffected by a selectivity...

This paper examines the role of bequests and of taxation on bequests for the distributionof wealth. We investigate a model with overlapping generations and heterogenoushouseholds where parents derive utility directly from their bequests. We obtain allresults analytically. Using the coefficient...

France has experienced massive changes in its regulation of working time during the last decade. These changes generate natural experiments that may help to study a variety of issues in labor economics, including work sharing effect on job creation or productivity, labor relations or adaptation...