Showing 61 - 70 of 52,314
We propose mechanism for implementing a two-stage harmonized Basic Income Guarantee with federal and provincial components. In Stage One, the federal government replaces its refundable and nonrefundable tax credits with an income-tested basic income delivered through the income tax system. The...
Persistent link: https://www.econbiz.de/10011570622
Using longitudinal data from the China Health and Nutrition Survey, we examine how individual wages change in line with the share of college graduates in a given province. The individual fixed effect model shows that the external returns to education in China appear to be zero. We estimate an...
Persistent link: https://www.econbiz.de/10011288538
This paper estimates the external returns to higher education in Mexico using cross-sectional micro data from the 2000 and 2010 censuses' samples. Because of identification problems, which according to the literature are the main challenge in this kind of model, an instrumental variable approach...
Persistent link: https://www.econbiz.de/10013034302
This paper analyzes some of the implications of North American labor market integration for fiscal policy. The economies of Canada and the US are both characterized by highly integrated internal markets for goods and services as well as for labor and capital, and subnational governments in both...
Persistent link: https://www.econbiz.de/10013319704
This paper summarizes additional evidence indicating that much on-the-job training appears to be "specific" in that workers do not pay for such training in the form of lower starting wages. The paper then considers reasons why workers and firms might limit the portability of training. One...
Persistent link: https://www.econbiz.de/10014196815
We analyse the question of optimal taxation in a dual economy, when the government is concerned about the distribution of labour income. Income inequality is caused by the presence of sunk capital investments, which creates a good jobs sector due to the capture of quasi-rents by trade unions. We...
Persistent link: https://www.econbiz.de/10011509420
Economists traditionally tackle normative problems by computing optimal policy, i.e. the one that maximizes a social welfare function. In practice, however, a succession of marginal changes to a limited number of policy instruments are implemented, until no further improvement is feasible. I...
Persistent link: https://www.econbiz.de/10011411222
This study calculates efficient taxes on fuel and road use designed to combat driving related externalities. The study shows that the efficient road user charge on fuel is below the marginal mileage-related damage to prevent tax avoidance due to an excessive economic driving-style. The current...
Persistent link: https://www.econbiz.de/10012005473
A tax on fuel combined with tax exemptions or subsidies for fuel-efficient vehicles is implemented in many countries to fulfill the Paris agreement and to curb mileage-related externalities from road traffic. The present study shows that a tax on fuel should be combined with heavier taxation of...
Persistent link: https://www.econbiz.de/10012491831
This paper uses the bottleneck model of Vickrey (1969) to empirically measure the social cost of traffic congestion in the US. Using a detailed trip-level data, we estimate extra travel time over and above hypothetical free-flow travel time, which we call "queuing time", for each average commute...
Persistent link: https://www.econbiz.de/10012890303