Search Results - isPartOf:"CEPR Discussion Papers"

Post-Corona Balanced-Budget Super-Stimulus : The Case for Shifting Taxes onto Land

Kumhof, Michael; Tideman, T. Nicolaus; Hudson, Michael C.; … - 2021

The post-Corona economic environment puts a premium on finding fiscal means to stimulate the economy while continuing to finance current levels of expenditures and debt. We develop and carefully calibrate a model of the US economy to show that an increase in the tax rate on the value of land,...

Persistent link: https://www.econbiz.de/10013322395

Epidemics : A Tale of Two Workers

Nath, Rahul - 2020

This paper shows that the labour market opportunities available to an agent has a significant bearing on how that agent experiences the outbreak of an epidemic. I consider two types of labour (i) market labour that can only produce output in close physical proximity, and (ii) remote labour that...

Persistent link: https://www.econbiz.de/10012830240

Serial Entrepreneurs and the Macroeconomy

Karmakar, Sudipto; Sedlácek, Petr; Félix, Sónia - 2021

There are enormous differences across firms and their impact on the macroeconomy. Using unique administrative data from Portugal, enabling us to link companies to their owners, we show that firms owned by serial entrepreneurs (owners of multiple businesses) enjoy a "premium" along many...

Persistent link: https://www.econbiz.de/10013213032