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作者：Agrawal, David R.
作者单位：University System of Georgia; University of Georgia
摘要：State borders create a discontinuous tax treatment of retail sales. In a Nash game, local tax rates will be higher on the low state tax side of a border. Local taxes will decrease from the nearest high-tax border and increase from the low-tax border. Using driving time from state borders and all local sales tax rates, local tax rates on the low-tax side of the border are 1.25 percentage points higher, reducing the differential in state tax rates by over three-quarters. A ten minute increase in...
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作者：Liebman, Jeffrey B.; Luttmer, Erzo F. P.
作者单位：Harvard University; Dartmouth College
摘要：This paper presents the results of a randomized field experiment that provided information about key Social Security features to older workers. The experiment was designed to examine whether it is possible to affect individual behavior using a relatively inexpensive informational intervention about the provisions of a public program and to explore the mechanisms underlying the behavior change. We find that our relatively mild intervention (sending an informational brochure and an invitation to...
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作者：Campbell, John Y.; Ramadorai, Tarun; Ranish, Benjamin
作者单位：Harvard University; National Bureau of Economic Research; University of Oxford; Centre for Economic Policy Research - UK; Federal Reserve System - USA
摘要：We employ loan-level data on over a million loans disbursed in India between 1995 and 2010 to understand how fast-changing regulation impacted mortgage lending and risk. Our paper uses changes in regulatory treatment discontinuities associated with loan size and leverage to detect regulation-induced loan delinquencies. We also find that an acceleration in the classification of assets as nonperforming resulted in substantially lower delinquency probabilities and losses given delinquency.
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作者：Lan, Xiaohuan; Li, Ben G.
作者单位：Fudan University; Fudan University; Boston College
摘要：This paper provides an economic framework for examining how economic openness affects nationalism. Within a country, a region's level of nationalism varies according to its economic interests in its domestic market relative to its foreign market. All else being equal, increasing a region's foreign trade reduces its economic interests in its domestic market and thus weakens its nationalism. This prediction holds both cross-sectionally and over time, as evidenced by our empirical study using the...
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作者：Alix-Garcia, Jennifer M.; Sims, Katharine R. E.; Yanez-Pagans, Patricia
作者单位：University of Wisconsin System; University of Wisconsin Madison; Amherst College; Inter-American Development Bank
摘要：Environmental conditional cash transfers are popular but their impacts are not well understood. We evaluate land cover and wealth impacts of a federal program that pays landowners for protecting forest. Panel data for program beneficiaries and rejected applicants allow us to control for fixed differences and time trends affecting both groups. We find the program reduces the expected land cover loss by 40-51 percent and generates small but positive poverty alleviation. Environmental gains are h...
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作者：Bachmann, Ruediger; Berg, Tim O.; Sims, Eric R.
作者单位：RWTH Aachen University; Leibniz Association; Ifo Institut; Leibniz Association; Ifo Institut; Leibniz Association; Ifo Institut; University of Notre Dame; National Bureau of Economic Research
摘要：There have been suggestions for monetary policy to engineer higher inflation expectations to stimulate spending. We examine the relationship between expected inflation and spending attitudes using the microdata from the Michigan Survey of Consumers. The impact of higher inflation expectations on the reported readiness to spend on durables is generally small, outside the zero lower bound, often statistically insignificant, and inside of it typically significantly negative. In our baseline speci...
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作者：Feldman, Naomi E.; Ruffle, Bradley J.
作者单位：Federal Reserve System - USA; Federal Reserve System Board of Governors; Wilfrid Laurier University
摘要：We test the equivalence of tax-inclusive, tax-exclusive and tax-rebate prices through a series of experiments differing only in their handling of the tax. Subjects receive a cash budget and decide how much to keep and how much to spend on various attractively priced goods. Subjects spend significantly more under tax-exclusive prices whereas total purchases under tax-inclusive and tax-rebate prices are similar. These results persist throughout most of the ten rounds despite feedback and the abi...
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作者：Cassan, Guilhem
作者单位：University of Namur
摘要：I study identity-marker based policies and demonstrate the existence of identity manipulation. I analyze the impact of the Punjab Alienation of Land Act (1901), a caste-based legislation, on identity manipulation. Using data from the colonial census, I show that a movement of identity manipulation took place in response to the law. I estimate that in 20 years, 7.5 percent of the population that had an incentive to do so manipulated its identity. I then use an accounting exercise to estimate th...
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作者：Bo, Erlend E.; Slemrod, Joel; Thoresen, Thor O.
作者单位：Statistics Norway; University of Michigan System; University of Michigan; University of Michigan System; University of Michigan; University of Oslo
摘要：Although Norway has a long tradition of public disclosure of tax filings, starting in 2001 anyone with Internet access could obtain individual information on income and income taxes paid. We examine the effect on income reporting of this change in the degree of public disclosure, making use of the fact that prior to 2001, in some municipalities, tax information was distributed widely through locally produced paper catalogs. We find an approximately 3 percent higher average increase in reported...
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作者：Hodler, Roland; Luechinger, Simon; Stutzer, Alois
作者单位：University of St Gallen; University of Lucerne; University of Basel
摘要：Increasing the attractiveness of voting is often seen as a remedy for unequal participation and the influence of special-interest groups on public policy. However, lower voting costs may also bring less informed citizens to the poll, thereby inviting efforts to sway these voters. We substantiate this argument in a probabilistic voting model with campaign contributions. In an empirical analysis for the 26 Swiss cantons, we find that lower voting costs due to postal voting are related to higher ...
