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The paper offers a comparative analysis of household wealth in the main industrial countries: the United States, the … United Kingdom, Japan, Italy, France, Germany and Spain. Particular attention is devoted to Italy. We distinguish between … financial wealth, real assets, indebtedness, and net worth. In commenting the empirical evidence, the literature on the …
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A model is presented for simulating the tax burden on highly skilled manpower. The effective average tax rate, defined as the relative wedge between employment costs and disposable income, is computed. Income and payroll taxes and social security contributions not yielding an equivalent benefit...
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