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the link between the gasoline and diesel markets, we assume a common co-integration relationship. Therefore, we also …
Persistent link: https://www.econbiz.de/10012214944
For spatial data with a sufficiently long time dimension, the concept of global cointegration has been recently … included in the econometrics research agenda. Global cointegration arises when non-stationary time series are cointegrated both … allows us to analyze the short- and long-run impacts of internationalization activities. For the long-run cointegration …
Persistent link: https://www.econbiz.de/10011535894
This study gauges the extent and the effects of volunteer work by associations in the Åland Islands. First, a review of volunteer associations in Åland was conducted. Extensive economic data was coupled with mail surveys and interviews with key persons. Second, estimation of the volume and the...
Persistent link: https://www.econbiz.de/10011554084
Income taxation may affect the regional allocation of population when prices vary over space. Our contribution is to compare different income tax systems in a migration equilibrium model for Norway using improved measure of regional wage differences. We apply register data of individual wages...
Persistent link: https://www.econbiz.de/10011483150
The identification of strategic interactions among local governments is typically plagued by endogeneity problems. This paper proposes a quasi-experimental strategy to identify independent personal income tax setting by Swiss municipalities making use of the multi-tier federal system. State...
Persistent link: https://www.econbiz.de/10011517772
Whether couples pool their resources and behave like a unit or spend their income individually is crucial for social and tax policy. In this paper, I provide a test of the income pooling hypothesis using administrative cross-sectional survey data on expenditures and individual incomes of couple...
Persistent link: https://www.econbiz.de/10012231157
We estimate the labor force participation (LFP) response to the introduction of means-tested minimum pensions in the UK through the Old-Age Pension Act (OAP) of 1908. The OAP was a major social policy intervention and the first one to universally target older workers in a time of very limited...
Persistent link: https://www.econbiz.de/10012231954
One important feature of tax reforms, in particular corporate tax reforms, is the uncertainty surrounding them. Are they going to be permanent or are they likely to be withdrawn by the subsequent government? The expected duration of the reform is important because it affects households' economic...
Persistent link: https://www.econbiz.de/10012312024
This paper examines the effects of unilateral tax policy in the open economy. We construct a general equilibrium trade model with heterogeneous agents allowing for country asymmetries. We find that in contrast to a symmetric country set-up the share of exporting firms is endogenous. We show that...
Persistent link: https://www.econbiz.de/10012296408
The traditional concept of a strict minimum of nontaxable income equal for all taxpayers embedded in most current income-tax systems is the result of a paradox of fiscal egalitarianism. The paper shows that substituting the traditional notion of a strict minimum of nontaxable income for a scheme...
Persistent link: https://www.econbiz.de/10011616800