Similar Search Results

Crump, Richard K.; Eusepi, Stefano; Mönch, Emanuel; … - 2021

Economic theory predicts that intertemporal decisions depend critically on expectations about future outcomes. Using the universe of professional survey forecasts for the United States, we document the behavior of the entire term structure of expectations for output growth, inflation, and the...

Persistent link: https://www.econbiz.de/10012660381

Information and Immigrant Settlement

Barsbai, Toman; Licuanan, Victoria S.; Steinmayr, Andreas; … - 2021

We study a randomly-assigned program providing information on U.S. settlement for new Filipino immigrants. The intervention, a 2.5-hour pre-departure training and an accompanying paper handbook, has no effect on employment, settlement, and subjective wellbeing, but leads immigrants to acquire...

Persistent link: https://www.econbiz.de/10012650212

How do we learn about the long run?

Crump, Richard K.; Eusepi, Stefano; Mönch, Emanuel; … - 2025

Using a novel and unique panel dataset of individual-level professional forecasts at short, medium, and very-long horizons, we provide new stylized facts about survey forecasts. We present direct evidence that forecasters use multivariate models in an environment with imperfect information about...

Persistent link: https://www.econbiz.de/10015374544

Chapter 10 Taxation

Kaplow, Louis - In: Handbook of law and economics : volume 1, (pp. 647-755). 2007

This Handbook entry presents a conceptual, normative overview of the subject of taxation. It emphasizes the relationships among the main functions of taxation—notably, raising revenue, redistributing income, and correcting externalities—and the mapping between these functions and various...

Persistent link: https://www.econbiz.de/10014023506

Chapter 4 Historical perspectives on income distribution: The case of Europe

Morrisson, Christian - In: Handbook of income distribution : volume 1, (pp. 217-260). 2000

The evolution of income distribution over two centuries is an attractive topic because it allows one to test the inverse U-curve hypothesis using long series instead of cross-section data. In Section 1 the distribution trends in countries where global data are available, is considered, that is...

Persistent link: https://www.econbiz.de/10014024205

An extended view on inequality and redistribution in the European Union : the role of indirect taxation and in-kind benefits

Christl, Michael; De Poli, Silvia; Köppl-Turyna, Monika - 2024

examined countries. While direct taxes and cash benefits are the main drivers of redistribution, in-kind benefits also play a … EU Member States. Our new, broader approach allows for more accurate assessments of redistribution and cross …

Persistent link: https://www.econbiz.de/10015156885

Lifetime inequality and redistribution

Brewer, Mike; Dias, Mónica Costa; Shaw, Jonathan - 2012

blocks of lifetime disparities. We look at lifetime inequality and the redistribution properties of taxes and benefits using … the lowest earnings capacity, the tax and benefits system does achieve life-cycle redistribution. Other policies like …

Persistent link: https://www.econbiz.de/10010237142

Could a universal family payment improve gender equity and reduce child poverty in Australia? : a microsimulation analysis

Hayes, Philip; Redmond, Gerry - 2014

The Australian income tax and transfer system has undergone considerable reform since the mid 1980s. As a number of commentators have pointed out, one impact of reforms to cash transfers for families, as well as of some reforms to direct taxes, has been the evolution of a defacto system of...

Persistent link: https://www.econbiz.de/10010239301

Strategic choices for redistribution and the veil of ignorance : theory and experimental evidence

Gerber, Anke; Nicklisch, Andreas; Voigt, Stefan - 2013

We provide experimental evidence on the emergence of redistributive societies. Individuals first vote on redistribution … the time when they choose a distribution rule and find that there is more redistribution behind a veil of ignorance than … under full information. However, the scope of redistribution is less sensitive towards the degree of uncertainty than …

Persistent link: https://www.econbiz.de/10010192077

Baseline results from the EU27 EUROMOD (2009 - 2012)

Jara, H. Xavier; Sutherland, Holly; Avram, Silvia; De … - 2013

This paper presents baseline results from the latest version of EUROMOD (version F6.36+), the tax-benefit microsimulation model for the EU. First, we briefly report the process of updating EUROMOD. We then present indicators for income inequality and risk of poverty using EUROMOD and discuss the...

Persistent link: https://www.econbiz.de/10009773091