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investment. We make the outcomes of 25 empirical studies comparable by computing the tax rate elasticity under a uniform … definition. The mean value of the tax rate elasticity in the literature is around -3.3, i.e. a 1%-point reduction in the host …
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Empirical credit demand analysis undertaken at the aggregate level obscures potential behavioral heterogeneity between various borrowing sectors. Looking at disaggregated data and analyzing bank loans to non-financial companies, to financial companies, to households for consumption and for house...
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need for meaningful ways of assessing the poverty impact of growth. This paper follows the elasticity approach to propose a …
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finding is especially strong on the extensive margin where the elasticity for a wage decrease is twice that for a wage …
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