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作者：Eichner, Thomas; Runkel, Marco
作者单位：Otto von Guericke University; Fern University Hagen
摘要：This paper contributes to the discussion on Separate Accounting versus Formula Apportionment in the corporate income taxation of multinational enterprises. The innovation is that we consider a general equilibrium tax competition model with an endogenous interest rate. In contrast to previous studies, we show that tax rates are inefficiently low not only under Separate Accounting, but also under Formula Apportionment. Moreover, we identify a wide range of empirically relevant cases where Formul...
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作者：Linardi, Sera; McConnell, Margaret A.
作者单位：Pennsylvania Commonwealth System of Higher Education (PCSHE); University of Pittsburgh
摘要：We study the effect of the social environment on the quantity and quality of voluntary labor contributions. By extending Benabou and Tirole's (2006) image signaling framework, we derive theoretical predictions on time volunteered given (1) the availability of excuses to stop volunteering and (2) the presence of an authority figure. We test these predictions in an experiment where laboratory subjects are directly involved in a local nonprofit operation. We find that in the absence of excuses to...
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作者：Anderson, Gordon; Crawford, Ian; Leicester, Andrew
作者单位：University of Oxford; University of Toronto
摘要：Economic and social welfare is inherently multidimensional. However, choosing a measure which combines several indicators is difficult and may have unintendend and undesirable effects on the incentives of policy makers. We develop a nonparametric empirical method for deriving welfare rankings for a social planner based on data envelopment, which avoids the need to specify a weighting scheme. We apply this method to data on Human Development. (C) 2010 Elsevier B.V. All rights reserved.
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作者：Frydman, Carola; Molloy, Raven S.
作者单位：Federal Reserve System - USA; Federal Reserve System Board of Governors
摘要：The trends in executive pay and labor income tax rates since the 1940s suggest a high elasticity of taxable income with respect to tax policy. By contrast, the level and structure of executive compensation have been largely unresponsive to tax incentives since the 19805. However, the relative tax advantage of different forms of pay was small during this period. Using a sample of top executives in large firms from 1946 to 2005, we also find a small short run response of salaries, qualified stoc...
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作者：Staubli, Stefan
作者单位：University of Zurich; University of St Gallen
摘要：This paper studies the effect of a large-scale policy change in the Austrian disability insurance program, which tightened eligibility criteria for men above a certain age. Using administrative data on the universe of Austrian private-sector employees, the results of difference-in-difference regressions suggest a substantial and statistically significant decline in disability enrollment of 6 to 7.4 percentage points and an increase in employment of 1.6 to 3.4 percentage points. The policy chan...
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作者：Bag, Parimal Kanti; Pepito, Nona
作者单位：National University of Singapore
摘要：In a team project with significant complementarities between various players' individual tasks, news of early success by some encourages others to push ahead with their own tasks while lack of success has the opposite effect. This ex-post disparity in incentives created gives rise to two differing implications, ex ante, for an ideal team transparency. Sometimes it is better to commit to complete secrecy within the team of the various participants' interim progress as it mitigates the negative ...
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作者：Bennedsen, Morten; Schultz, Christian
作者单位：University of Copenhagen; INSEAD Business School
摘要：Delegation is a key feature of political decision making: Mayors or prime ministers delegate to subordinates, voters delegate to elected representatives. We analyze the effect of political delegation on public service provision and the choice between private or public providers when contracts are incomplete and incentives therefore distorted. We identify two important effects: The incentive effect increases the incentive part of service providers' remuneration and delegation may therefore be a...
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作者：Fong, Christina M.; Oberholzer-Gee, Felix
作者单位：Carnegie Mellon University; Harvard University
摘要：It is often difficult for donors to predict the value of charitable giving because they know little about their recipients. This concern is particularly acute when making contributions to organizations that serve heterogeneous populations. Prior research shows that donors are more generous if they know their assistance benefits a group they like. But we know little about the demand for such information. To start closing this gap, we study transfers of income to real-world poor people in dictat...
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作者：Huck, Steffen; Rasul, Imran
作者单位：University of London; University College London; UK Research & Innovation (UKRI); Economic & Social Research Council (ESRC); University of London; University College London
摘要：We present evidence from a natural field experiment designed to shed light on the efficacy of fundraising schemes in which donations are matched by a lead donor. In conjunction with the Bavarian State Opera House, we mailed 14,000 regular opera attendees. a letter describing a charitable fundraising project organized by the opera house. Recipients were randomly assigned to treatments designed to explore behavioral responses to linear matching schemes, as well as the mere existence of a substan...
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作者：Carrell, Scott E.; Hoekstra, Mark; West, James E.
作者单位：University of California System; University of California Davis; National Bureau of Economic Research; Pennsylvania Commonwealth System of Higher Education (PCSHE); University of Pittsburgh; United States Department of Defense; United States Air Force; United States Air Force Academy
摘要：This paper examines the effect of alcohol consumption on student achievement. To do so, we exploit the discontinuity in drinking at age 21 at a college in which the minimum legal drinking age is strictly enforced. We find that drinking causes significant reductions in academic performance, particularly for the highest-performing students. This suggests that the negative consequences of alcohol consumption extend beyond the narrow segment of the population at risk of more severe, low-frequency,...
