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The controversy around the breakaway European Super League, set to conquer the UEFA Champions League, and the surrounding antitrust proceedings revive the academic discussion about the monopoly power of sport-internal governing bodies (like the UEFA), the justification for and limits of their...
Persistent link: https://www.econbiz.de/10014077981
This paper analyzes the effectiveness of the tax and transfer systems in the European Union and the US to act as an automatic stabilizer in the current economic crisis. We find that automatic stabilizers absorb 38 per cent of a proportional income shock in the EU, compared to 32 per cent in the...
Persistent link: https://www.econbiz.de/10013149370
This paper calculates effective macro-economic tax rates for the 25 EU countries following the methodology developed in Mendoza, Razin, and Tesar (1994). The available Eurostat data allow to compute the tax wedge on consumption, labor and capital. We show that effective tax rates in the 10 new...
Persistent link: https://www.econbiz.de/10010301311
This paper uses pseudo panel techniques and a fixed effects estimator to analyse the determinants of preferences for redistribution in 34 European countries over the period 2002-2012. The data is drawn from the six available waves of the European Social Survey. The main result is that changes in...
Persistent link: https://www.econbiz.de/10011417134
This paper advances and empirically establishes the idea that altruism is an important determinant of individual preferences over immigration. Using data from the European Social Survey from 2014 and 2015, our results document that individual norms and values strongly shape preferences over...
Persistent link: https://www.econbiz.de/10011566488
Eric Jones has found that excessive taxes were detrimental for pre-modern China's economic growth whereas moderate taxes were conducive for Europe's economic growth. This paper provides a political-economic answer to the question why these two tax systems came about. Taxation is only feasible...
Persistent link: https://www.econbiz.de/10010391803
In pre-industrial Europe, the pace of economic development and growth varied across territories and over time. Much of this variation was due to the changing impact of government on the economies in question. Government affected the economy principally through its command of violence. We...
Persistent link: https://www.econbiz.de/10012734978
European countries offer a large amount of policies to protect the population against the risk of poverty and social exclusion but Young adults generally do not have access to unemployment benefits since their period of contribution is relatively short and in some countries they do not have...
Persistent link: https://www.econbiz.de/10013313521
In empirical analysis, the Kakwani index is the most frequently used indicator for comparing progressivity across countries and over time. The Kakwani is often assumed to measure to what extent a policy design is targeted to the poor. It has, however, a major drawback: it is not defined for net...
Persistent link: https://www.econbiz.de/10011865012
This article considers whether the fundamental freedoms of the EC Treaty encompass an absolute requirement on the Member States to mitigate double taxation, and it concludes that such a requirement could reasonably be inferred from the goals of the fundamental freedoms and the European Court of...
Persistent link: https://www.econbiz.de/10014051511