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Should the Rich Be Taxed More? The Fiscal Inequality Coefficient
Hatgioannides, John - 2017
national income (or wealth) appropriated by the same income group. In turn, we develop the Fiscal Inequality Coefficient which …
Persistent link: https://www.econbiz.de/10012948621
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A Survey of the Role of Fiscal Policy in Addressing Income Inequality, Poverty Reduction and Inclusive Growth
Heshmati, Almas - 2014
poverty and income inequality have invited increasing volumes of research focusing on the nexus between equity and efficient … into a middle income country (ADB, 2014). This has stimulated the need to understand causes of inequality and poverty for … to offer an efficient policy options for Asian countries. Major determinant factors of growing inequality, poverty and a …
Persistent link: https://www.econbiz.de/10013054924
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A Fresh Look at Fiscal Redistribution and Inequality in the US Across Electoral Cycles
Sala, Hector - 2018
The evolution of the ratio of direct taxation (characterized by progressive rates) over indirect and payroll taxation (characterized by flat rates) is examined together with its distributional consequences for the Bottom 50%, Middle 40% and Top 10% shares of income. Oscillations of this ratio...
Persistent link: https://www.econbiz.de/10012909982
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Rational Inattention and Migration Decisions
Bertoli, Simone - 2020
Acquiring information about destinations can be costly for migrants. We model information frictions in the rational inattention framework and obtain a closed-form expression for a migration gravity equation that we bring to the data. The model predicts that ows from countries with a higher cost...
Persistent link: https://www.econbiz.de/10012838467
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Rational Addiction and Time Consistency : An Empirical Test
Piccoli, Luca - 2020
This paper deals with one of the main empirical problems associated with the rational addiction theory, namely that its …
Persistent link: https://www.econbiz.de/10012843165
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Petroleum Tax Competition Subject to Capital Rationing
Osmundsen, Petter - 2017
The recent dramatic fall in oil prices has led to extensive capital rationing in international oil companies, and subsequent fierce competition between resource extraction countries to attract scarce investment. This situation is not adequately addressed by the large literature on international...
Persistent link: https://www.econbiz.de/10012958877
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Market Depth, Leverage, and Speculative Bubbles
Enders, Zeno - 2019
We develop a model of rational bubbles based on leverage and the assumption of an imprecisely known maximum market size. In a bubble, traders push the asset price above its fundamental value in a dynamic way, driven by rational expectations about future price developments. At a previously...
Persistent link: https://www.econbiz.de/10012899999
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Partial Coercion, Conditional Cooperation, and Self-Commitment in Voluntary Contributions to Public Goods
Cettolin, Elena - 2011
In this paper we experimentally investigate whether partial coercion can in combination with conditional cooperation increase contributions to a public good. We are especially interested in the behavior of the non-coerced populations. The main finding is that in our setting conditional...
Persistent link: https://www.econbiz.de/10013120907
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Once Upon a Time Preference - How Rationality and Risk Aversion Change the Rationale for Discounting
Traeger, Christian P. - 2012
that are imposed in the evaluation of uncertain scenarios. Imposing all rationality constraints jointly eliminates pure …
Persistent link: https://www.econbiz.de/10013107349
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Rational Students and Resit Exams
Kooreman, Peter - 2012
Resit exams – extra opportunities to do an exam in the same academic year – are widely prevalent in European higher education, but uncommon in the US. I present a simple theoretical model to compare rational student behavior in the case of only one exam opportunity versus the case of two...
Persistent link: https://www.econbiz.de/10013099740