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The present paper examines the impact that budget deficits exercise on economic growth in the United States. Using a simple growth model that includes a variety of public policy variables, we provide Instrumental Variables (IV) estimates that indicate growth in the United States over time. The...
Persistent link: https://www.econbiz.de/10011122822
This article empirically examines the impact on interstate net migration of differential state and local property tax and transfer policies in the United States by race, age and sex for the period 1965-70. The results offer considerable support to the Tiebout hypothesis that the consumer-voter...
Persistent link: https://www.econbiz.de/10011108760
This study empirically extends the Tiebout hypothesis of "voting with one's feet" in two ways. First, it provides updated estimates using net migration data for the period 2000-2008. Second, in addition to investigating variables reflecting public education outlays, property taxation and income...
Persistent link: https://www.econbiz.de/10011112882
This short comment provides an assessment on the impact of changing the rules of social security contributions by employers, namely raising the tax base to include not only wages but also value added or capital investments.
Persistent link: https://www.econbiz.de/10008549642