-
作者：Weber, Caroline E.
作者单位：University of Oregon
摘要：The elasticity of taxable income (ETI) is a central parameter for tax policy debates. This paper shows that mean reversion prevents most estimators employed in the literature from obtaining consistent estimates of the Ell. A new method is proposed that will resolve inconsistency due to mean reversion under testable assumptions regarding the degree of serial correlation in the error term. Using this procedure. I estimate an ETI of 0.858, which is about twice as large as the estimates found in t...
-
作者：Edwards, James T.; List, John A.
作者单位：University of Chicago; National Bureau of Economic Research
摘要：People respond to those who ask. Within the charitable fundraising community, the power of the ask represents the backbone of most fundraising strategies. Despite this, the optimal design of communication strategies has received less formal attention. For their part, economists have recently explored how communication affects empathy, altruism, and giving rates to charities. Our study takes a step back from this literature to examine how suggestions-a direct ask for a certain amount of money-a...
-
作者：Imas, Alex
作者单位：Carnegie Mellon University
摘要：We study whether using prosocial incentives, where effort is tied directly to charitable contributions, may lead to better performance than standard incentive schemes. In a real-effort task, individuals indeed work harder for charity than for themselves, but only when incentive stakes are low. When stakes are raised, effort increases when individuals work for themselves but not when they work for others and, as a result, the difference in provided effort disappears. Individuals correctly antic...
-
作者：Abbink, Klaus; Dasgupta, Utteeyo; Gangadharan, Lata; Jain, Tarun
作者单位：Monash University; Franklin & Marshall College; Indian School of Business (ISB)
摘要：This paper examines the effectiveness of using asymmetric liability to combat harassment bribes. Asymmetric liability is a mechanism where bribe-takers are culpable but bribe-givers have legal immunity. Results from our experiment indicate that while this policy has the potential to significantly reduce corrupt practices, weak economic incentives for the bribe-giver, or retaliation by bribe-takers can mitigate the disciplining effect of such an implementation. Asymmetric liability on its own m...
-
作者：Bucovetsky, S.
作者单位：York University - Canada
摘要：A simple, partial equilibrium model of the supply of offshore tax havens is analyzed, when multinationals are capable of sheltering some of their worldwide income. This model provides a few contrasting predictions to those in Tax Competition with Parasitic Tax Havens by Slemrod and Wilson. Slemrod and Wilson model tax sheltering as a production process which uses up scarce resources in the tax haven providing it. Here, multinational firms can transfer some of their income costlessly to an offs...
-
作者：Levy, Raphael
作者单位：University of Mannheim
摘要：We consider a political agency model where voters learn information about some policy-relevant variable, which they can ignore when it impedes their desire to hold optimistic beliefs. Voters' excessive tendency to sustain optimism may result in inefficient political decision-making because political courage does not pay off when voters have poor information. However, voters infer information from policies and incentives to ignore bad news decrease when policy-making is more efficient This gene...
-
作者：Brummet, Quentin
摘要：Many school districts across the country are shutting schools, but school closing policies remain a very controversial issue. The current study investigates the effects of school closing policies on student achievement by examining over 200 school closings in Michigan. Relative to the previous literature, the analysis uses a broader set of school closings to thoroughly investigate heterogeneity in treatment effects based on the performance level of the closed school. The results indicate that,...
-
作者：Wong, Maisy
作者单位：University of Pennsylvania
摘要：Desegregation is a key policy issue in many countries. I investigate a residential desegregation program in Singapore - the ethnic housing quotas. I show that choice restrictions imposed on apartment blocks above the quota limits (constrained) could have distortionary effects, causing price and quantity differences for constrained versus unconstrained blocks. 1 test these predictions by hand-matching more than 500,000 names in the phonebook to ethnicities, to calculate ethnic proportions at th...
-
作者：Johannesen, Niels
作者单位：University of Copenhagen
摘要：The rules demarcating debt and equity for tax purposes differ between countries, hence the possibility that a hybrid financial instrument is treated as equity in one country and debt in another. This may create a scope for tax avoidance by allowing firms that invest in foreign countries to combine tax deductible interest expenses in the host country and tax favored dividend income in the home country. In this paper, we first develop a formal model of hybrid instruments and show that, for a giv...
-
作者：Isen, Adam
作者单位：United States Department of the Treasury
摘要：Numerous theories posit that the fiscal decisions of one jurisdiction influence the fiscal decisions of its neighbors. The main contribution of this paper is to address empirical difficulties in testing for spillovers using a regression discontinuity design on a newly collected dataset I utilize close elections from this large dataset of local referenda in Ohio to isolate the effect of exogenous increases in taxation and spending of one jurisdiction on neighbors' fiscal decisions. For all juri...
