Showing 1 - 10 of 396
This paper analyzes optimal linear taxes on capital and labour incomes in a life-cycle model of human capital investment, financial savings, and labour supply with heterogenous individuals. A dual income tax with a positive marginal tax rate on not only labour income but also capital income is...
Persistent link: https://www.econbiz.de/10005123828
We examine the allocation of hours of work across industrial sectors in OECD countries. We find large disparities across three sector groups, one that produces goods without home substitutes, and two others that have home substitutes but treated differently by welfare policy. We attribute the...
Persistent link: https://www.econbiz.de/10008915806
This paper studies, in a model with unemployment, how labour market status affects the preferences for public spending, in the form of a public good or subsidies. It then derives the implications for the dynamics of government expenditures under the hypothesis of majority voting. These will...
Persistent link: https://www.econbiz.de/10005114483
Most countries exhibit large and persistent geographical differences in wages, income and unemployment rates. A growing class of ``place based'' policies attempt to address these differences through public investments and subsidies that target disadvantaged neighborhoods, cities or regions....
Persistent link: https://www.econbiz.de/10011084382
This paper criticizes the Alesina and Ichino (2007) proposal of taxing men more than women. First, the proposal is outright sex discrimination. Second, it cannot be Pareto-improving. Third, its virtues in terms of efficiency are better obtained by gender-neutral voluntary schemes for taxing...
Persistent link: https://www.econbiz.de/10005136419
This paper analyzes the effects of top earnings tax rates on the international migration of top football players in Europe. We construct a panel data set of top earnings tax rates, football player careers, and club performances in the first leagues of 14 European countries since 1980. We...
Persistent link: https://www.econbiz.de/10008784700
cumulative effect over time increasing (decreasing) the share of skilled further. Active and passive means of redistribution thus … differ both in the impact and long-run effects. Passive redistribution benefits non-skilled on impact but increases their … share over time, while active redistribution does not benefit the non-skilled on impact (but their children) but leads to …
Persistent link: https://www.econbiz.de/10011186621
Although there are exceptions, most European universities and institutions of higher education find it difficult to compete with the best universities in the Anglo-Saxon world. Despite the Bologna agreement and the ambitions of the Lisbon agenda, European universities are in need of fundamental...
Persistent link: https://www.econbiz.de/10005067399
The paper examines the appropriate domain of the Welfare State by exploring the areas in which free enterprise fails to provide adequate welfare state services. The paper outlines a simple coherent strategy for formulating government welfare state policy by identifying the relevant market...
Persistent link: https://www.econbiz.de/10005788942
If productivity increases more slowly for services than for manufactured goods, then services suffer from Baumol’s cost disease and tend to become relatively more costly over time. Since the welfare state in all countries is an important supplier of tax financed services, this translates into...
Persistent link: https://www.econbiz.de/10011084168