-
作者:Bird, EJ
作者单位:California State University System; California State University Fullerton
摘要:In cross-national data on individual and country-level characteristics, the variance of log annual income is shown to correlate positively with indicators of redistribution. The database comes from the Panel Comparability (PACO) project, which provides uniquely comparable cross-national panel data, including both Eastern and Western Europe and the US. A random effects permanent income regression is used to estimate income variance. The variance,estimates are then regressed on individual and co...
-
作者:Pecorino, P
作者单位:University of Alabama System; University of Alabama Tuscaloosa
摘要:Olson (1965) argues that some large groups can overcome the free-rider problem through by-product lobbying. The by-product firm sells a private good to potential members of the interest group and finances lobbying with its profits. Others argue that by-product lobbying firms cannot survive competition with for-profit firms, since this would compete away monopoly rents, leaving the firm unable to lobby. In a model of monopolistic competition, I show that the by-product firm can enter the market...
-
作者:Blomquist, S; Eklöf, M; Newey, W
作者单位:Uppsala University; Massachusetts Institute of Technology (MIT)
摘要:This paper evaluates the tax reform carried out in Sweden between 1980 and 1991. We use a recently developed non-parametric estimation technique to account for the labor supply responses of married prime aged males. We decompose the tax reform to study how the separate components influence hours of work, tax revenue, and income distribution. We find that the decrease in marginal tax rates stimulated labor supply but that the other parts of the reform counteracted this effect. The net increase ...
-
作者:Demirgüç-Kunt, A; Huizinga, H
作者单位:Tilburg University; The World Bank
摘要:Using bank level data for 80 countries in the 1988-1995 period, this paper examines taxation of domestic and foreign-owned banks. The profitability of foreign banks is found to rise relatively little with their domestic tax burden, perhaps reflecting the availability of foreign tax credits and profit shifting opportunities. The paper also examines whether domestic and foreign banks pay different amounts of domestic tax. Taxes paid by foreign banks are shown to rise relatively little with the l...
-
作者:Grilo, I; Shy, O; Thisse, JF
作者单位:Universite de Lille; University of Haifa; Universite Catholique Louvain
摘要:It has long been recognized that the pleasure of consuming a good may be affected by the consumption choice of other consumers. In some cases, social pressures may lead to conformity; in some others, individuals may feel the need of exclusiveness under the form of vanity. Such externalities have proven to be important in several markets. However, the market implication of these externalities are still unclear. To investigate them, we propose to combine the consumption externality model and the...
-
作者:Manning, A
作者单位:University of London; London School Economics & Political Science; University of London; London School Economics & Political Science
摘要:Classical labour supply theory is one of the most sophisticated parts of labour economics. Yet, there is no compelling theoretical reason to believe in an outcome on a classical labour supply curve and it is unclear whether it is a good empirical description of the way in which labour markets actually work. This paper uses the techniques of search theory to analyse the impact of changes in the tax system on incentives to work when individuals do not have flexibility of hours within jobs. It is...
-
作者:Huizinga, H; Nielsen, SB
作者单位:Tilburg University
摘要:This paper investigates the optimal line of demarcation between the public and private production sectors, as affected by the government's privatization decision. Only the private sector is subject to taxation in the form of investment taxes. In deciding on privatization, the government trades off the tax distortion affecting private production against the relative production inefficiency of public production. At the optimum, the public sector is 'too large' in the sense that the government ca...
-
作者:Mitsui, K; Sato, M
作者单位:Hitotsubashi University
摘要:This paper examines regional population distribution when there is an interregional transfer policy without commitment. We introduce explicitly the following time structure of actions. Individuals assumed to be identical make decisions on locational choices freely ex ante, but are immobile ex post. The fiscal policies of the local governments and the central government are implemented after individuals' migration decisions. The basic result is that locally stable no-conunitment equilibria are ...
-
作者:Wolfe, B; Wilson, K; Haveman, R
作者单位:University of Wisconsin System; University of Wisconsin Madison; University of Wisconsin System; University of Wisconsin Madison; University System of Ohio; Kent State University; Kent State University Salem; Kent State University Kent; University of Wisconsin System; University of Wisconsin Madison
摘要:In this paper, we explore whether behaviors of youths that are likely to result in a teen nonmarital birth event are influenced by their expectations of the net economic benefits or costs associated with the occurrence of such a birth. We posit and find that an increase in the perceived costs associated with the occurrence of a nonmarital birth would lead to a reduction in these risky behaviors, and to a lower probability of a nonmarital birth event. We represent these economic incentives by t...
-
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...