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作者：Hellwig, Martin F.
作者单位：Max Planck Society
摘要：For the standard specification of the utilitarian optimal income tax problem with hidden characteristics, the paper shows that randomized tax schemes are undesirable if preferences exhibit a property of weakly decreasing risk aversion according to the multi dimensional risk aversion concept of Hellwig [Hellwig, M.F., 2004, Risk Aversion in the Small and the Large with Multidimensional Outcomes. Max Planck Institute for Research on Collective Goods, Bonn. Preprint 2004/6, http://www.mpp-rdg.mpg...
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作者：Calabrese, Stephen; Epple, Dennis; Romano, Richard
作者单位：State University System of Florida; University of Florida; National Bureau of Economic Research; Carnegie Mellon University; State University System of Florida; University of South Florida
摘要：Households choose a community in a metropolitan area and collectively set a minimum housing quality and a property tax to finance a local public good. The collective imposition of a lower bound on housing consumption induces an income-stratified equilibrium in a specification where meaningful community differentiation would not arise without zoning. We show computationally that zoning restrictions are likely to be stringent, with a majority facing a binding constraint in communities that permi...
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作者：Schaltegger, Christoph A.; Torgler, Benno
作者单位：University of St Gallen; Yale University
摘要：Government accountability through electoral engagement, involvement and participation in the political debate can affect government performance. Using data for the full sample of Swiss cantons over the 1981-2001 period, this paper provides empirical evidence that government accountability is crucial for fiscal discipline. Specifically, in cantons with high levels of government accountability, the level of indebtedness is significantly lower, indicating that accountability supports fiscal disci...
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作者：Hastings, Justine S.; Kane, Thomas J.; Staiger, Douglas O.; Weinstein, Jeffrey M.
作者单位：Yale University; National Bureau of Economic Research; Harvard University; Dartmouth College
摘要：There is little causal evidence on the effect of economic and policy outcomes on voting behavior. This paper uses randomized outcomes from a school choice lottery to examine if lottery outcomes affect voting behavior in a school board election. We show that losing the lottery has no significant impact on overall voting behavior; however, among white families, those with above median income and prior voting history, lottery losers were significantly more likely to vote than lottery winners. Usi...
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作者：Besley, Timothy; Smart, Michael
作者单位：University of Toronto; University of London; London School Economics & Political Science
摘要：This paper explores the logic of fiscal restraints in a political agency model with both moral hazard and adverse selection. The role of the political process is both to discipline incumbents who may act against the public interest and to sort in those politicians who are most likely act in voters' interests. We use the model to examine the optimality of inefficient taxation, limits on the size of government, increasing transparency, and yardstick competition. Some conclusions are surprising. ...
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作者：Blackorby, Charles; Murty, Sushama
作者单位：University of Warwick; Aix-Marseille Universite
摘要：We show that if a monopoly sector is imbedded in a general equilibrium framework and profits are taxed at one hundred percent, then unit (specific) taxation and ad valorem taxation are equivalent on the set of Pareto optima. (c) 2006 Elsevier B.V. All rights reserved.
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作者：Chong, Alberto; Gradstein, Mark
作者单位：Ben-Gurion University of the Negev; Inter-American Development Bank
摘要：This paper presents theory and evidence on the determinants of the size of the informal sector. We propose a simple theoretical model in which it is positively related to income inequality, more so under weak institutions, and is negatively related to the economy's wealth. These predictions are then empirically validated using different proxies of the size of the informal sector, income inequality, and institutional quality. The results are shown to be robust with respect to a variety of econo...
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作者：Besley, Timothy; Ghatak, Maitreesh
作者单位：University of London; London School Economics & Political Science
摘要：This paper explores the feasibility and desirability of Corporate Social Responsibility (CSR). We identify CSR with creation of public goods or curtailment of public bads. Using a model with profit-maximizing firms, the paper shows that there is it direct parallel between CSR and traditional models of private provision of public goods. Indeed, firms that use CSR will produce public goods at exactly the same level as predicted by the standard voluntary contribution equilibrium for public goods....
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作者：Blumkin, Tomer; Sadka, Efraim
作者单位：Tel Aviv University; Ben-Gurion University of the Negev
摘要：We develop a model that allows for public goods and status signaling through charitable contributions. We use this setup to re-examine the conventional practice of rendering a favorable tax treatment to charitable contributions. (c) 2007 Elsevier B.V. All rights reserved.
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作者：Poutvaara, Panu
作者单位：University of Helsinki; Copenhagen Business School
摘要：Migration between countries with earnings-related and flat-rate pay-as-you-go social security systems may change human capital investments in both countries. The possibility of emigration boosts investments in human capital in the country with flat-rate benefits. Correspondingly, those expecting to migrate from the country with earnings-related benefits to a country with flat-rate benefits may reduce their investment in education. Allowing for migration may generate an intertemporal Pareto-imp...
