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作者:Simula, Laurent; Trannoy, Alain
作者单位:Uppsala University
摘要:We examine how allowing individuals to emigrate to pay lower taxes changes the optimal nonlinear income tax scheme in a Mirrleesian economy An individual emigrates if his domestic utility IS less than his utility abroad, net of migration costs - utilities and costs both depending oil productivity. A simple formula, that complements Saez's formula obtained in closed economy. is derived for the marginal tax rates faced by top-income earners It depends oil the labour elasticity, the tax rate abro...
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作者:Heckman, James J.; Moon, Seong Hyeok; Pinto, Rodrigo; Savelyev, Peter A.; Yavitz, Adam
作者单位:University of Chicago
摘要:This paper estimates the rate of return to the HighScope Perry Preschool Program, an early intervention program targeted toward disadvantaged African-American youth Estimates of the rate of return to the Perry program are widely cited to support the claim of substantial economic benefits from preschool education programs Previous Studies of the rate of return to this program ignore the compromises that occurred in the randomization protocol They do nor report standard errors The rates of retur...
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作者:Raimondos-Moller, Pascalis; Schmitt, Nicolas
作者单位:Copenhagen Business School; Simon Fraser University
摘要:We examine the interaction between commodity taxes and parallel imports in a two-country model with imperfect competition While governments determine non-cooperatively their commodity tax rate. the volume of parallel imports is determined endogenously by the retailing sector We compare the positive and normative implications of having commodity taxes based oil destination or origin principle We show that, as the volume of parallel imports increases. non-cooperative origin taxes converge, while...
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作者:Tra, Constant I.
作者单位:Nevada System of Higher Education (NSHE); University of Nevada Las Vegas; Nevada System of Higher Education (NSHE); University of Nevada Las Vegas
摘要:This study develops a discrete choice locational equilibrium model to evaluate the benefits of the an quality improvements that occurred in the Los Angeles area following the 1990 Clean Air Act Amendments (CAAA) The discrete choice equilibrium approach accounts for the fact that air quality improvements brought about by the 1990 CAAA will change housing choices and prices The study also provides new evidence for the distributional welfare impacts of the 1990 CAAA in the Los Angeles area Findin...
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作者:Davidoff, Thomas
作者单位:University of California System; University of California Berkeley
摘要:This paper shows how home equity may Substitute for long-term care insurance (LTCI) The elderly commonly hold Substantial wealth in the form of home equity that is rarely spent before death, except for after moves to long-term care facilities Absent strong bequest motives implies that marginal utility fluctuates less across health states than one Would predict based on a standard model without wealth tied Lip in housing Numerical examples show that this asset commitment may substantially weake...
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作者:Grossmann, Volker; Strulik, Holger
作者单位:University of Fribourg; Leibniz Association; Ifo Institut; IZA Institute Labor Economics
摘要:Taxes on estates and inheritances may Induce heirs to discontinue family firms Because firm dissolution transaction costs, a preferential tax treatment of transferred family businesses seems to be desirable from a macroeconomic viewpoint The support of dynastic succession. however. entails also a cost oil the economy if firm continuation by less able heirs prevents entry into entrepreneurship Here, we investigate analytically and quantitatively the trade-off between transaction costs saved and...
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作者:Orsini, Chiara
作者单位:Aarhus University
摘要:I examine how decreases in government coverage of home health care visits to the elderly in the United States have affected their living arrangements Specifically. I exploit geographic variation in the Medicare Home Health Care reimbursement rate that arose as a result of legislation passed in 1997 and I identify its impact Oil the living arrangements of older Medicare beneficiaries I find that less generous reimbursement policies lead to a greater fraction of elderly giving up independent liv...
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作者:Fack, Gabrielle; Grenet, Julien
作者单位:University of London; London School Economics & Political Science; Pompeu Fabra University
摘要:In this paper, we investigate how housing prices react to the quality of education offered by neighboring public and private schools The organization of secondary schooling in the city of Pans, which combines residence-based assignment to public schools with a well-developed and almost entirely publicly funded private school system, offers a valuable empirical context for analyzing how private schools affect the capitalization Of public school performance in housing prices Using comprehensive ...
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作者:Direr, A.
作者单位:Centre National de la Recherche Scientifique (CNRS); Universite de Orleans; Paris School of Economics
摘要:This paper studies how annuities should be taxed in a Mirrlees-type model in the presence of adverse selection and a positive link between income and longevity The government is able to address the adverse selection problem by implementing a progressive marginal tax rate oil annuities This amounts to subsidizing small annuities (purchased by low incomes) and taxing large annuities (purchased by high incomes) Numerical Simulations suggest that the taxation is significant and becomes more pronou...
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作者:Sommers, Benjamin D.
摘要:The Deficit Reduction Act of 2005 imposed a federal requirement that all individuals provide citizenship documentation when applying for or renewing Medicaid coverage This represented a change in policy for 46 states Using differences-m-differences to analyze data from the Current Population Survey (2004-2008), this paper shows that the policy reduced Medicaid enrollment among non-citizens, as intended, and did not significantly affect citizens One-in-four adult non-citizens in Medicaid (390,0...