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Are Shirking and Leisure Substitutable? An Empirical Test of Efficiency Wages Based on Urban Economic Theory
Ross, Stephen L.; Zenou, Yves - 2006
allow for behavioral substitution between leisure time at home and effort at work. In equilibrium, residing at a location … with a long commute affects the time available for leisure at home and therefore affects the trade-off between effort at … wages, which are both consistent with shirking and leisure being substitutable. …
Persistent link: https://www.econbiz.de/10009429918
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14.452 Macroeconomic Theory II, Spring 2002
Blanchard, Olivier - 2002
and Facts The basic model: the consumption/saving choice Allowing for a labor/leisure choice (the RBC model) Allowing for …
Persistent link: https://www.econbiz.de/10009433258
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14.452 Macroeconomic Theory II, Spring 2005
Blanchard, Olivier - 2005
and Facts; The basic model: the consumption/saving choice; Allowing for a labor/leisure choice (the RBC model); Allowing …
Persistent link: https://www.econbiz.de/10009433264
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Small business taxation:an evaluation of the role of special treatment policies
Pope, Jeffrey - 2008
In many countries small businesses expect and generally receive special treatment, concessions or arrangements regarding taxation compared with medium and large business. Such policies are based primarily upon the role and importance of small business in economic growth and especially job...
Persistent link: https://www.econbiz.de/10009434941
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Policy implications of budget deficit targets
Haque, M. Badrul - 1991
I analyze in this paper a financial program found commonly in developing countries that are engaged in improving structural imbalances. Similar programs have also been adopted in industrialized countries, in the U.K. since 1980 and in the U.S. since 1984. A typical financial program consists of...
Persistent link: https://www.econbiz.de/10009468596
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Behavioral Public Finance: Tax Design as Price Presentation
Krishna, Aradhna; Slemrod, Joel B. - 2003
In this essay we review the evidence from marketing research about price presentation of consumer products and discuss how these lessons have been applied—consciously or unconsciously—in the design of the U.S. tax system. Our perspective is that, in most situations, the designers of the tax...
Persistent link: https://www.econbiz.de/10009477007
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My Beautiful Tax Reform
Slemrod, Joel B. - 2005
Many experts equate the best tax system with the simplest, and the best tax reform with the one that most simplifies the system. However, the simplest, most elegant policy need not be the best because tax policy involves a tradeoff among objectives, including equity and efficiency objectives,...
Persistent link: https://www.econbiz.de/10009477304
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Policy implications of budget deficit targets
Haque, M. Badrul - 1991
I analyze in this paper a financial program found commonly in developing countries that are engaged in improving structural imbalances. Similar programs have also been adopted in industrialized countries, in the U.K. since 1980 and in the U.S. since 1984. A typical financial program consists of...
Persistent link: https://www.econbiz.de/10009451090
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Buying growth, or selling out? : a study of the Massachusetts Economic Development Incentive Program
Shepherd, Toby G. - 2007
Launched in 1994, the Massachusetts Economic Development Incentive Program (EDIP) is a state and local partnership designed to relieve unemployment, redevelop blighted commercial districts and promote economic growth by providing tax incentives for businesses relocating or expanding in...
Persistent link: https://www.econbiz.de/10009460809
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Demographic Uncertainty and Fiscal Policy. ENEPRI Research Reports No. 20, 21 August 2006
Armstrong, Alex; Draper, Nick; Nibbelink, Andre; … - 2006
It is well known by now that population ageing threatens the sustainability of fiscal policies in many countries. Although a number of policy options are available to address the problem, the uncertainty surrounding the future development of the population complicates matters. This paper...
Persistent link: https://www.econbiz.de/10009463732