3期

最新文章

• On the distribution of debt and taxes AI翻译
  作者：Caselli, F
  摘要：This paper studies public-debt runs under alternative assumptions on the distribution of taxes among tax bases, the distribution of debt among classes of taxpayers, and the distributive preferences of the government. Asymmetries in the distribution of taxes-arising, for example, from income-tax evasion by some categories of taxpayers-increase the likelihood of a confidence crisis on the public debt. On the other hand, perhaps surprisingly, the probability of a run followed by default is decrea...
• More on the economic efficiency of mixed public/private insurance - Rejoinder to T.M. Selden AI翻译
  作者：Blomqvist, A; Johansson, PO
  作者单位：Western University (University of Western Ontario); Stockholm School of Economics
• The implicit taxes from college financial aid AI翻译
  作者：Dick, AW; Edlin, AS
  作者单位：University of California System; University of California Berkeley; University of Rochester
  摘要：Families who earn more or who heed the ''experts'' advice and save for college typically receive less financial aid. The financial aid system therefore implicitly taxes both income and assets. We use NPSAS aid award data to estimate these implicit taxes, and find that at average-priced colleges the marginal-income tax ranges from 2 to 16% and the marginal asset levy from 8 to 26%. A typical family loses aid worth about $11 000 at average-priced colleges and $15 000 at expensive colleges by acc...
• Dynamic epidemiology and the market for vaccinations AI翻译
  作者：Francis, PJ
  摘要：The intent of this paper is to raise the question of how and when externalities can arise in the market for vaccinations. Static and dynamic models of such markets are developed and compared. A special case in a continuous-time dynamic framework is examined and is found to be efficient, i.e. there is no externality. This is in contrast to the results from the static formulation, raising doubts about the suitability of a static approach. These results indicate that the question of whether there...
• On the possibility of efficient private provision of public goods through government subsidies AI翻译
  作者：Kirchsteiger, G; Puppe, C
  作者单位：University of Vienna
  摘要：This paper investigates the possibility of implementing an efficient provision of a public good through distortionary tax-subsidy policies in a simple one-shot game of voluntary contributions, Within the class of all linear tax-subsidy policies two cases are distinguished. The first is where individual taxes only depend on the sum of all other individuals' contributions. Although such policies may increase total supply of the public good, it is shown that the implementation of an efficient amo...
• Pareto efficient income taxation under costly monitoring AI翻译
  作者：Schroyen, F
  摘要：This paper studies the problem of Pareto efficient fiscal policies when labour supply is elastic and the government has no a priori information on income earned. The model is a two-class economy with an official and an unofficial labour market. Official income is taxed nan-linearly, while unofficial income is only observable after a costly audit upon which it is taxed at an exogenous penalty rate. After characterisation of the Pareto efficient audit and tax policies, it is verified how these p...
• Optimal unemployment insurance AI翻译
  作者：Davidson, C; Woodbury, SA
  作者单位：Michigan State University; W.E. Upjohn Institute for Employment Research
  摘要：We investigate the design of an optimal unemployment insurance program using an equilibrium search model calibrated using data from the reemployment bonus experiments. There are three main conclusions. First, insurance considerations suggest that the potential duration of UI benefits would be unlimited under an optimal program. Second, if the potential duration to benefits were unlimited, current replacement rates in the U.S. (about 0.5) would probably be about right. Third, the optimal replac...
• Employment separation and health insurance coverage AI翻译
  作者：Gruber, J; Madrian, BC
  作者单位：Massachusetts Institute of Technology (MIT); University of Chicago; National Bureau of Economic Research
  摘要：We study the interrelationship between employment separation and insurance coverage. We first document that employment separation is associated with large reductions in insurance coverage, even conditioning on underlying tastes for insurance. We then show that reducing the cost of insurance through state laws mandating continued access to employer-provided health insurance for the non-employed increases the likelihood of having insurance after separating from a job by 6.7%. These mandates also...
• Joint production and the private provision of public goods AI翻译
  作者：Vicary, S
  摘要：A model in which public goods can be provided by both donations and joint production with a private good is investigated. Its properties are compared with models of public good provision with only one method of provision. Whilst it has some features in common with the standard model of public good provision, there are good grounds for placing more emphasis on the joint production model.
• Mass privatization, management control and efficiency AI翻译
  作者：Bos, D; Harms, P
  作者单位：University of St Gallen
  摘要：We present a model where a government chooses the number of individuals to which ownership in a former state-owned firm shall be allocated. When making this decision the government maximizes the political support it gets from the firm's incumbent manager and from potential shareholders, anticipating that a greater dispersion of shares reduces the control of the manager by the firm's new owners. It turns out that shares will be allocated to the maximum number of individuals - and thus a policy ...