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Global reform of personal income taxation, 1981 - 2005 : evidence from 189 countries

Sabirianova Peter, Klara; Buttrick, Steve; Duncan, Denvil - 2009

In this paper we use a panel of 189 countries to describe the salient trends that have emerged in national personal income tax systems spanning the twenty five year period from 1981 to 2005. Using complete national income tax schedules, we calculate actual average and marginal tax rates at...

Persistent link: https://www.econbiz.de/10003863164

Pension taxes versus early retirement rights

Orszag, Jonathan Michael; Snower, Dennis J. - 2002

This paper deals with two policy approaches to address the problem of the "pensions time bomb" by influencing private-sector pension provision. In assessing the role of private-sector pensions, it is common to concentrate exclusively on the issue of whether early retirement penalties or late...

Persistent link: https://www.econbiz.de/10011412356

The pension transfer program

Orszag, Jonathan Michael; Snower, Dennis J. - 2002

The paper examines the following pension reform strategy that aims to defuse the pension time-bomb without giving rise to intergenerational conflict. Let people with rights to public pensions have the option of using a portion of their potential pensions to provide employment vouchers for...

Persistent link: https://www.econbiz.de/10011412372

Can stimulus checks boost an economy under COVID-19? : evidence from South Korea

Kim, Moon Jung; Lee, Soohyung - 2020

Various countries have implemented transfer programs to individuals since the Covid-19 outbreaks. However, the extent to which such transfers alleviate economic recessions is unclear. This paper analyzes a South Korean program, which provided vouchers redeemable only at small local businesses....

Persistent link: https://www.econbiz.de/10012259485

Consumption response to Seoul's COVID-19 shopping coupons: evidence from consumer data

Woo, Seokjin; Aum, Sangmin; Kim, Dohyung; Moon, Heyjin; … - 2021

This study measures the extent to which Seoul's COVID-19 shopping coupon program affects individuals' consumption. Unlike other COVID-19-related transfer programs, the Seoul Metropolitan government provides consumption coupons depending on income. We quantify the causal effect of Seoul's program...

Persistent link: https://www.econbiz.de/10012607254

Populism, political risk and the economy : lessons from Italy

Balduzzi, Pierluigi; Brancati, Emanuele; Brianti, Marco; … - 2020

We study the effects on financial markets and real economic activity of changes in risk related to political events and policy announcements in Italy during the 2013-2019 period that saw the rise to power of populist parties. We focus on events that have implications for budgetary policy, debt...

Persistent link: https://www.econbiz.de/10012163613

Does openness to international financial flows contribute to productivity growth?

Kose, M. Ayhan (contributor); Prasad, Eswar S. (contributor) - 2008

Economic theory has identified a number of channels through which openness to international financial flows could raise productivity growth. However, while there is a vast empirical literature analyzing the impact of financial openness on output growth, far less attention has been paid to its...

Persistent link: https://www.econbiz.de/10003747653

The costs of favoritism : is politically-driven aid less effective?

Dreher, Axel; Klasen, Stephan; Vreeland, James Raymond; … - 2010

World Bank projects and generally find that projects that are potentially politically motivated – such as those granted to … governments holding a non-permanent seat on the United Nations Security Council or an Executive Directorship at the World Bank … Council members with higher short-term debt, however, a negative quality rating is more likely. So we find evidence that World …

Persistent link: https://www.econbiz.de/10003942325

Nice guys finish last : are people with higher tax morale taxed more heavily?

Doerrenberg, Philipp; Duncan, Denvil; Fuest, Clemens; … - 2012

This paper is the first to provide evidence of efficient taxation of groups with heterogeneous levels of 'tax morale'. We set up an optimal income tax model where high tax morale implies a high subjective cost of evading taxes. The model predicts that 'nice guys finish last': groups with higher...

Persistent link: https://www.econbiz.de/10009529515

Does corruption promote emigration? : an empirical examination

Cooray, Arusha; Schneider, Friedrich - 2014

This paper empirically investigates the relationship between corruption and the emigration of those with high, medium and low levels of educational attainment. The empirical results indicate that as corruption increases the emigration rate of those with high levels of educational attainment also...

Persistent link: https://www.econbiz.de/10010341207