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作者：Ueng, KLG; Yang, CC
作者单位：Academia Sinica - Taiwan; National Chi Nan University
摘要：Chu [Journal of Public Economics, 41 (1990) 319-333] proposes a tax scheme called FATOTA, under which taxpayers are given the choice between paying a fixed amount of taxes and thus being exempted from tax audit, or paying only what taxpayers claim they owe and being subject to tax audits for possible evasion. In this paper we extend Chu's finding with regard to the Pareto-improving property of FATOTA to a more general setting, including nonlinear tax/penalty schedules, complicated audit rules,...
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作者：Andreoni, J; Levinson, A
作者单位：Georgetown University; University of Wisconsin System; University of Wisconsin Madison
摘要：Evidence suggests that some pollutants follow an inverse-U-shaped pattern relative to countries' incomes, a relationship that has been called an 'environmental Kuznets curve'. We present a simple and straight-forward static model of the microfoundations of this relationship, in which the curve depends on increasing returns in the technological link between consumption of a desired good and abatement of its undesirable byproduct. The curve does not depend on the dynamics of growth, political in...
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作者：Bradbury, KL; Mayer, CJ; Case, KE
作者单位：University of Pennsylvania; Federal Reserve System - USA; Federal Reserve Bank - Boston; Wellesley College
摘要：This paper examines the impact of a specific property tax limit, Proposition 2 1/2 in Massachusetts, on the fiscal behavior of cities and towns in Massachusetts and the capitalization of that behavior into property values. Proposition 2 1/2 places a cap on the effective property tax rate at 2.5% and limits nominal annual growth in property tax revenues to 2.5%, unless residents pass a referendum allowing a greater increase. The study analyzes the 1990-1994 period, a time when Massachusetts mun...
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作者：Mayeres, I; Proost, S
作者单位：KU Leuven
摘要：The paper examines welfare improving revenue neutral marginal policy reforms for an economy with non-identical individuals and an externality with a feedback on the consumption of taxed commodities. The instruments considered are: indirect taxes, the uniform poll transfer and public abatement. This extends the framework of Ahmad and Stern [Journal of Public Economics, 25 (1984) 259-298], Bovenberg and de Mooij [American Economic Review, 84 (1994) 1085-1089] and Schob [Oxford Economic Papers 48...
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作者：Romano, R; Yildirim, H
作者单位：State University System of Florida; University of Florida
摘要：Charities frequently announce contributions of donors as they accrue. Doing so induces donors to play a sequential-move rather than simultaneous-move game. We examine the conditions under which a charity prefers such sequential play. It is known that if donors only value contributions through their effect on the total provision of a public good, then the charity will not announce contributions sequentially. However, with more general utility functions that include additional effects such as wa...
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作者：Gerlagh, R; Keyzer, MA
作者单位：Vrije Universiteit Amsterdam; Vrije Universiteit Amsterdam
摘要：The paper describes an OLG economy with a single exhaustible resource that has amenity value. The steady states of this economy form a continuum, implying path-dependency. We compare three policy scenarios; first, a 'zero extraction' policy of enforced conservation that avoids environmental degradation, possibly at the expense of intertemporal efficiency. Second, a 'grandfathering' policy that endows the present generations with all resources, and that ensures efficiency but cannot prevent a p...
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作者：Arrondel, L; Laferrère, A
作者单位：Centre National de la Recherche Scientifique (CNRS)
摘要：This paper studies inter-vivos transfers and bequests in France and their relation to the French inheritance law and taxation using administrative records and a national households survey. Transmission behavior is highly responsive to changes in the fiscal system: inter-vivos gifts increased after a 1992 law made them partly tax-free. Moreover, the probability of giving to children is greater (ceteris paribus) if parents' wealth is taxable. For children, the probability of receiving a gift ove...
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作者：Baik, KH; Kim, IG; Na, SY
作者单位：Hallym University; Hallym University; Sungkyunkwan University (SKKU); Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park
摘要：We examine the equilibrium effort levels of individual players and groups in a contest in which two groups compete with each other to win a group-specific public-good prize, the players choose their effort levels simultaneously and independently, and the winning group is determined by the selection rule of all-pay auctions. We first prove nonexistence of a pure-strategy Nash equilibrium, and then construct a mixed-strategy Nash equilibrium. At the Nash equilibrium, the only active player in ea...
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作者：Kopczuk, W
作者单位：University of Michigan System; University of Michigan
摘要：The optimal income taxation framework is extended to account for heterogeneity in avoidance behavior. The optimal tax formulae are shown to be simply and intuitively modified to reflect the value of taxable income as an indicator of the need for transfers at a given skill level. This effect is in addition to any effect implied by just considering additional margins of response to taxes. Alternative sources of heterogeneity and their likely consequences are discussed. When the choice of adminis...
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作者：Harris, TS; Hubbard, RG; Kemsley, D
作者单位：Columbia University
摘要：We examine the hypothesis that dividend taxes are capitalized into share prices by focusing on investors' implicit valuations of retained earnings Versus paid-in equity. Retained earnings are distributable as taxable dividends, whereas paid-in equity is distributable as a tax-free return of capital. Consistent with dividend tax capitalization, firm-level results for the United States indicate that accumulated retained earnings are valued less per unit than contributed capital. In addition, dif...
