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...

A common assumption in the optimal taxation literature is that the social planner maximizes a welfarist social welfare function with weights decreasing with income. However, high transfer withdrawal rates in many countries imply very low weights for the working poor in practice. We reconcile...

Der Beitrag beinhaltet neben einer theoretisch-konzeptionellen Analyse der Frage, ob wirtschaftsplitische Beratung und Spitzenforschung, in einem substitutiven oder komplementären Verhältnis stehen, auch eine empirische Analyse. Dazu werden zum einen empirische Fakten über das...

This paper analyzes the determinants of socially responsible investing (SRI) at the individual investor level. We examine data from an incentivized framed field experiment, which was part of a survey among a representative sample of financial decision makers in German households. Thus, we...

We estimate causal employment effects of investment subsidies for treated firms as a whole as well as heterogeneous effects depending on firm characteristics and economic environment. We modify the standard matching and difference-in-difference approach by introducing a combined statistical...

This article is an analysis of how the rural area was defined in the Romanian legislation starting with the oldest law in force until last legislative initiatives in the field. The texts of Romanian legal acts were studied comparatively and against the provisions of the European Charter of Rural...

Increasing inequality in recent decades has triggered a heated debate on whether wealth transfer taxation is an appropriate countermeasure to the perpetuation of inequality. A major factor in making progress in this discussion is understanding how taxpayers respond to incentives generated by...

We introduce the give-or-destroy game that allows us to fully elicit an individual s social preference schedule. We find that about one third of the population exhibits both pro-social and anti-social preferences that are independent of payoff comparisons with those who are affected. We call...

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...

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...