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estimates the causal effect of this measure on mortality by Covid-19 and on mobility patterns. The identification of the causal …. We also find that the economic lockdown, as expected, led to a reduction in human mobility. Several robustness checks …
Persistent link: https://www.econbiz.de/10012314871
We study the effects of an annuity market imperfection on individual agents' labour supply and retirement decisions and on the macroeconomic growth rate in an overlapping generations model with endogenous growth. We model imperfect annuities by introducing a load factor on the interest rate...
Persistent link: https://www.econbiz.de/10010266022
We construct a tractable discrete-time overlapping generations model of a closed economy and use it to study government redistribution of accidental bequests and private annuities in general equilibrium. Individuals face longevity risk as there is a positive probability of passing away before...
Persistent link: https://www.econbiz.de/10010270647
We study a closed economy featuring heterogeneous agents and exhibiting endogenous economic growth due to interfirm external effects. Individual agents differ in terms of their mortality profile. At birth, nature assigns a health status to each agent. Health type is private information and...
Persistent link: https://www.econbiz.de/10010274230
increasing mobility across borders implies that redistributive policies may amplify interjurisdictional fiscal externalities. In …
Persistent link: https://www.econbiz.de/10013470364
with superstar phenomenon, increases with earnings. Our results suggest a novel margin of mobility responses for top …
Persistent link: https://www.econbiz.de/10014290263
Unexpected mobility disruptions during lockdown during the first wave of COVID-19 became 'tipping points' with the … alcohol consumption. We document two findings using information from the Google Mobility Report and longitudinal data from the … Understanding Society in the United Kingdom. First, we find a sharp reduction in both actual mobility and alcohol use (consistent …
Persistent link: https://www.econbiz.de/10014377501
Two jurisdictions compete to capture the rents of a large multinational enterprise (MNE) which invests locally and which is partly owned by local investors. The MNE contributes to local welfare by tax payments and dividends, and it has private information about the efficiency of the operations...
Persistent link: https://www.econbiz.de/10010314928
Not sufficiently harmonised national pension systems within the European Union distort the allocation of labour and endanger redistributive activities. This paper identifies the most decentralised level of harmonisation which guarantees efficient allocation and enables redistribution. For this,...
Persistent link: https://www.econbiz.de/10010315961
We study the effects of decentralized wealth taxation on mobility and the effectiveness of tax coordination at … positive tax rates. We find the mobility responses to wealth taxes are within the range of prior estimates with respect to … income taxes. However, wealth tax mobility responses generate losses to personal income tax revenues that are six times …
Persistent link: https://www.econbiz.de/10014534382