Showing 1 - 10 of 56
We show the relevance of government expenditure inefficiency using the Barro (1990) model. We estimate government inefficiency for 52 developing countries using a data envelopment analysis. The estimated inefficiencies are subsequently used in a general to specific approach in order to identify...
Persistent link: https://www.econbiz.de/10010295982
The positive correlation between hourly wages and height, which results in higher labor supply of tall individuals, is well-documented in the literature. This paper introduces two additional channels through which height might affect individual labor supply. Higher caloric needs of tall...
Persistent link: https://www.econbiz.de/10011301583
The elasticity of taxable income (ETI) is often interpreted as a sufficient statistic to assess the welfare costs of taxation. Building on the conceptual framework of Chetty (2009), we show that this assertion does no longer hold for tax systems with deduction possibilities if (i) deductions...
Persistent link: https://www.econbiz.de/10011301672
We study optimal nonlinear taxation of labor income and linear taxation of capital income in a life-cycle framework with private information and idiosyncratic risk. We focus on simple history-independent tax instruments. We first analyze the welfare losses from this simplification as compared to...
Persistent link: https://www.econbiz.de/10011301695
This paper considers the role of flexicurity when jobs must be reallocated from a declining, traditional sector to a skill intensive expanding sector. Workers initially decide whether to acquire qualifications for skill-intensive tasks or to accept a less demanding traditional job. Unemployment...
Persistent link: https://www.econbiz.de/10011301808
We here expand the static tax competition models in symmetric small regions, which were indicated by Zodrow and Mieszkowski (1986) and Wilson (1986), to a dynamic tax competition model in large regions, taking consideration of the regional asymmetry of productivity of public capital and the...
Persistent link: https://www.econbiz.de/10011332630
The recycling of packaging waste is an objective of the Community with very ambitious recycling rate targets laid down in the European law. Research on the operations and on the financial and economic costs that resulted from this environmental policy is an ongoing effort. Currently, there is...
Persistent link: https://www.econbiz.de/10011340933
All European Union (EU) member states have to comply with the demanding recycling rates targets that were set for the recovery of packaging waste in the Directive 94/62/EC. Nevertheless, each country has its own system for accomplishing these targets. Some already had national legislation when...
Persistent link: https://www.econbiz.de/10011340934
One of grand challenges which are faced by Russia today is to deregulate its gas market while favouring longer-term growth of economy. Since the 1990s, several proposals for structural reforms of Russian gas industry have been intensively debated, including the split-up of Gazprom. From the...
Persistent link: https://www.econbiz.de/10011400201
There is an extensive literature on the impact of nonrenewable natural resources (NNR) in the fiscal performance of countries. Overall, with few exceptions, the studies suggest an inverse relationship between these two variables. According to the IDB (2013), the presence of NNR can lead to the...
Persistent link: https://www.econbiz.de/10011400447