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A real-effort experiment is conducted in order to detect preferences for one out of three different models of the Welfare State characterized by different tax-and-transfer schemes. We reproduce a small society in the lab where: Subjects are grouped in three stylized classes (the rich, the middle...
Persistent link: https://www.econbiz.de/10012167864
The 'starving the beast' hypothesis claims that tax cuts lead to lower public spending, rather than higher debt levels and higher taxes in the future. This paper uses the institutional setting of German fiscal federalism to its advantage in order to explore how fiscal policy reacts to exogenous...
Persistent link: https://www.econbiz.de/10012157329
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We build a New Keynesian model with imperfectly competitive goods markets and heterogeneous people and examine their impact on fiscal multipliers and on the net increase in output and expenditure caused by fiscal policies, using the balanced budget multiplier. Results show that in highly unequal...
Persistent link: https://www.econbiz.de/10011904544
This paper investigates the relationship between taxation and firm performance in developing countries. Taking firm … to be sample dependent. We also provide evidence that the positive effect of taxation on firm growth falls significantly … when corruption is too pervasive, and when the origin of tax revenue origin reduces government accountability. Lastly, our …
Persistent link: https://www.econbiz.de/10011540215
While assessing the economic impacts of corruption, the corruption-related transmission channels which influence … taxation as such have to be duly considered. Taking the example of the Czech Republic, this article aims to evaluate the … impacts corruption has on the size of the shadow economy as well as on the individual sources of long-term economic growth …
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