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Outsourcing, Unemployment and Welfare Policy

Keuschnigg, Christian; Ribi, Evelyn - C.E.P.R. Discussion Papers - 2007

Outsourcing of labour intensive activities challenges the welfare state and undermines the protection of low … the low-skilled, and private unemployment insurance is missing. This paper analyzes the effectiveness of redistribution …

Persistent link: https://www.econbiz.de/10005662250

Training and Search during Unemployment

Spinnewijn, Johannes - C.E.P.R. Discussion Papers - 2010

This paper incorporates training in the design of unemployment policies. Human capital falls upon displacement and continuously depreciates during unemployment. While training counters the decrease in human capital, it also affects the willingness of the unemployed to search. I characterize the...

Persistent link: https://www.econbiz.de/10008468659

Preferences for Redistribution in the Land of Opportunities

Alesina, Alberto F; La Ferrara, Eliana - C.E.P.R. Discussion Papers - 2002

The poor favour redistribution and the rich oppose it, but that is not all. Social mobility may make some of today …’s poor into tomorrow’s rich and since redistributive policies do not change often, individual preferences for redistribution … should depend on the extent and the nature of social mobility. We estimate the determinants of preferences for redistribution …

Persistent link: https://www.econbiz.de/10005114467

Optimal Public Policy for Venture Capital Backed Innovation

Keuschnigg, Christian - C.E.P.R. Discussion Papers - 2003

This Paper discusses the role of public policy towards the venture capital industry. The model emphasises four margins: supply of entrepreneurs due to career choice, entry of venture capital funds and search for investment opportunities, simultaneous entrepreneurial effort and managerial advice...

Persistent link: https://www.econbiz.de/10005497714

Evaluating the Minimum Asset Tax on Corporations: An Option Pricing Approach

Estache, Antonio; van Wijnbergen, Sweder - C.E.P.R. Discussion Papers - 1992

King-Fullerton methodology cannot assess the minimum-asset tax (MAT) because it cannot handle uncertainty. We present an alternative based on option pricing, and show how carry-over rules, depreciation conventions and uncertainty affect the MAT burden. Using Brazilian data, we show that: (a)...

Persistent link: https://www.econbiz.de/10005498170

Vertical versus Horizontal Tax Externalities: An Empirical Test

Brülhart, Marius; Jametti, Mario - C.E.P.R. Discussion Papers - 2004

We study taxation externalities in federations of benevolent governments. Where different hierarchical government levels tax the same base, one can observe two types of externalities: a horizontal externality, working among governments of the same level and leading to tax rates that are too low...

Persistent link: https://www.econbiz.de/10005067487

How Should Financial Intermediation Services be Taxed?

Lockwood, Ben - C.E.P.R. Discussion Papers - 2010

This paper considers the optimal taxation of savings intermediation and payment services in a dynamic general equilibrium setting, when the government can also use consumption and income taxes. When payment services are used in strict proportion to final consumption, and the cost of...

Persistent link: https://www.econbiz.de/10008784772

The Burden and Disincentive Effects of Hungarian Personal Taxes 1988-96

Newbery, David M G; Revesz, Tamas - C.E.P.R. Discussion Papers - 1997

The paper analyses the revenue-raising, distributional and incentive effects of the personal tax system in Hungary from the start of the transitional tax reforms of 1988, and develops methods for estimating marginal indirect taxes. It evaluates the distributional impact of revenue-neutral...

Persistent link: https://www.econbiz.de/10005789193

Inequality, Environmental Protection and Growth

Marsiliani, Laura; Renström, Thomas I - C.E.P.R. Discussion Papers - 2003

We analyse how, in representative democracies, income distribution influences the stringency of environmental policy and economic growth. Individuals (who differ in abilities) live for two periods, working when young and owning capital when old. Externalities are caused by a polluting factor....

Persistent link: https://www.econbiz.de/10005791379

Intergenerational Transfer of Human Capital and Optimal Education Policy

Cremer, Helmuth; Pestieau, Pierre - C.E.P.R. Discussion Papers - 2004

This Paper studies the design of education policies in a setting of successive generations with heterogeneous individuals (high and low earning ability). Parents’ investment in education is motivated by warm-glow altruism and determines the probability that a child has high ability. Education...

Persistent link: https://www.econbiz.de/10005498169