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Taxation and Public Education Expenditure," I study the determinants of cross-country differences in intergenerational earnings … and earnings, which features progressive taxation, public education expenditure, and borrowing constraints among the … the child's earnings. Quantitatively, taxation is more important than education expenditure. Introducing a Danish tax …
Persistent link: https://www.econbiz.de/10009438733
study the Japanese economy and taxation for the past three decades. Population aging is a serious social issue in Japan …
Persistent link: https://www.econbiz.de/10009429307
Persistent link: https://www.econbiz.de/10011799751
general equilibrium macroeconomic model in which taxation is a key determinant of the composition of these two inputs in the … care in maintaining health. We find that the difference in taxation can account for a large fraction of the difference in …
Persistent link: https://www.econbiz.de/10010632975
This paper examines the effects of government spending under both lump-sum and income tax regimes. Under a lump-sum tax financing scheme, an increase in government spending induces a rise in the real interest rate and causes labor effort and real output to increase because of the income effect....
Persistent link: https://www.econbiz.de/10005063833
general equilibrium macroeconomic model in which taxation is a key determinant of the composition of these two inputs in the … care in maintaining health. We find that difference in taxation between the US and Europe can account for a large fraction …
Persistent link: https://www.econbiz.de/10011242141
the taxation of the old and retired generation is affected when the population growth rate changes. A fall in the birth … relative size in the voting population increases. This exerts downward pressure on the taxation of the old. On the other hand … zero taxation while the other involves partial taxation of the assets held by the old. …
Persistent link: https://www.econbiz.de/10011091032
general equilibrium macroeconomic model in which taxation is a key determinant of the composition of these two inputs in the … care in maintaining health. We find that difference in taxation between the US and Europe can account for a large fraction …
Persistent link: https://www.econbiz.de/10011207454
Purpose This paper aims to investigate the effects of contractionary fiscal policy shocks on major Greek macroeconomic variables within a structural vector autoregression framework while accounting for debt dynamics. Design/methodology/approach The sign restriction approach is applied to...
Persistent link: https://www.econbiz.de/10014867086
Persistent link: https://www.econbiz.de/10009559910