5期

最新文章

• Illegal immigration, border enforcement, and relative wages: Evidence from apprehensions at the US-Mexico border AI翻译
  作者：Hanson, GH; Spilimbergo, A
  作者单位：University of Michigan System; University of Michigan; International Monetary Fund; National Bureau of Economic Research
• Voting on the budget deficit: Comment AI翻译
  作者：Peletier, BD; Dur, RAJ; Swank, OH
  作者单位：Erasmus University Rotterdam - Excl Erasmus MC; Erasmus University Rotterdam; Tinbergen Institute; Erasmus University Rotterdam; Erasmus University Rotterdam - Excl Erasmus MC
• Monopoly rights: A barrier to riches AI翻译
  作者：Parente, SL; Prescott, EC
  作者单位：University of Illinois System; University of Illinois Urbana-Champaign; University of Chicago; University of Minnesota System; University of Minnesota Twin Cities; Federal Reserve System - USA; Federal Reserve Bank - Minneapolis
  摘要：Our thesis is that poor countries are poor because they employ arrangements for which the equilibrium outcomes are characterized by inferior technologies being used, and being used inefficiently. In this paper, we analyze the consequences of one such arrangement. In each industry, the arrangement enables a coalition of factor suppliers to be the monopoly seller of its input services to all firms using a particular production process. We find that eliminating this monopoly arrangement could wel...
• A simple approach for deciding when to invest AI翻译
  作者：Berk, JB
  作者单位：University of California System; University of California Berkeley; National Bureau of Economic Research
• Endogenous lobby formation and endogenous protection: A long-run model of trade policy determination AI翻译
  作者：Mitra, D
  作者单位：State University System of Florida; Florida International University
  摘要：This paper provides a theory of lobby formation within a framework in which trade policy is determined through political contributions. Under certain conditions, free trade turns out to be an equilibrium outcome either when the government has a high affinity for political contributions or when it cares a great deal about social welfare. Moreover, greater inequality in asset distribution results in a greater number of lobbies and, in most cases, more protection for each of these lobbies. Furthe...
• Marginal tax rates and income inequality in a life-cycle model AI翻译
  作者：Altig, D; Carlstrom, CT
  作者单位：Federal Reserve System - USA; Federal Reserve Bank - Cleveland
  摘要：In this paper we study the quantitative impact of marginal tax rates on the distribution of income. Our methodology builds on computable general-equilibrium framework. We find that distortions from marginal tax rate changes of the sort implied by the Tax Reform Act of 1986 have sizable effects on income inequality in a reasonably quantified life-cycle setting: In our model rate changes alone capture half the increase in the pretax Gini that actually occurred between 1984 and 1989. (JEL C68, D3...