Despite coherence between the economic arm's length principle and fiscal regulations about intragroup intangible transfers, some studies suppose that multinationals shift profits to affiliates where they are taxed lightly; the reaction of Countries' Administrations seems to be to arrange audits...

We provide a long term perspective on the individual retirement behavior and on the future of retirement by emphasizing the role of (negative) income effects. We consider a political economic theoretical framework, with actuarial "fair" and "unfair" early retirement schemes, and derive a...

Existing methods of between-groups income inequality measurement are rather uninformative if applied to genders since they are not sensitive to discrimination. We introduce a Gini-based measure of between-genders inequality which explicitly depends upon discrimination and we apply it to measure...

The paper focuses on the concentration of wealth defined as the expected present value of lifetime resources. We propose an indirect but robust method that detects a change in the concentration of wealth when the full stream of income receipts along the life cycle is unknown. We rely on the...

We examine several functional and numerical measures of wage discrimination in the spirit of the Lorenz curve. The First Order discrimination curve is based on the comparison of the wage CDF of two subpopulations. Three different Second Order discrimination curves are derived to refine the first...

To develop a price index for the housing market in Italy, we adopt the hedonic approach which enables us to separate the price variations due to qualitative changes in housing attributes from pure price changes, i.e.intrinsic real estate price variations. The resulting index is munch more robust...

In a pharmaceutical Reference Price Scheme (RPS), firms are free to set their prices, but the (insured) consumer pays only the difference between the Reference level (R) and the actual price of the drug, if this is higher than R. By introducing n ( 1) firms with in nite cross-price elasticity...

In this paper we explore how political pressures for an increased decentralisation of revenue and expenditure competencies to sub-national governments may affect the degree of interregional redistribution accomplished by the public sector. We do this by focusing on a specific case, that of the...

The paper provides the axiomatic characterization of a new poverty measure, the path-dependent poverty index. This is a two period index taking into account not only individuals current and past deprivation levels, but also the relative position with respect to their previous income status....

When accidental bequests signal otherwise unobservable individual characteristics such as productivity and longevity, the tax administration should partition the populationinto two groups: One consisting of people who do not receive an inheritance and the other of those who do. The first tagged...