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Effects of Economic Freedom, Regulatory Quality, and Taxation on Real Income

Cebula, Richard - 2013

This exploratory study investigates the hypothesis that higher levels of economic freedom in an “economic region” promote a higher level of economic activity and hence yield higher levels of per capita real income in that economic region, ceteris paribus. However, in the pursuit of a broader...

Persistent link: https://www.econbiz.de/10015242174

Informality, Innovation, and Aggregate Productivity Growth

Schipper, Tyler - 2014

accompanied by a 0.07 percentage point reduction in TFP growth per year. Given that countries like Mali, Mexico, and Sri Lanka …

Persistent link: https://www.econbiz.de/10015250892

Hours, wages, and multipliers

Sztachera, Maciej - 2024

The quantitative HANK model, incorporating the coordination of hours worked in production, yields an improved empirical fit along two dimensions: a more concentrated steady-state distribution of hours worked and lower marginal propensities to earn (MPEs) with positive but moderate fiscal...

Persistent link: https://www.econbiz.de/10015213788

From IRAP to CBIT: tax distortions and redistributive effects

Manzo, Marco; Monteduro, Maria Teresa - 2010

The paper explores the differences between IRAP (the Regional Tax on Productive Activities) and CBIT (the Comprehensive Business Income Tax), which approximately corresponds to allow the deduction of labor cost from the taxable base of IRAP. By developing a DSGE model that ncorporates business...

Persistent link: https://www.econbiz.de/10015225195

The Crowding Out and Crowding In Effects of the Government Fiscal Policy on the Real Estate Investment and Public Prosperity in Iran

Jariani, Farzaneh - 2021

direction of retaining the economic sustainable growth and with regards to this important matter in this study, we have taken … comprehensive sanctions on the real estate investment and Iranian people's welfare applying the Multilevel GLM method from 1985 to …-inclusive economic growth have lead to the small participation of manpower and losing the social capital and generally speaking, the …

Persistent link: https://www.econbiz.de/10015231619

Budget Deficits, Economic Freedom, and Economic Growth in OECD Nations: P2SLS Fixed-Effects Estimates, 2003-2008

Cebula, Richard - 2011

capita real economic growth in OECD nations over the period 2003–2008. Economic growth is measured by the percentage growth … as a group reveal that economic growth is a decreasing function of higher central government budget deficits and an … increasing function of economic freedom. It is suggested that governments can best promote real economic growth by limiting the …

Persistent link: https://www.econbiz.de/10015240785

A Comprehensive Analysis of the Response of Private Consumption to Government Spending

Funashima, Yoshito - 2014

This paper considers a simple model in which government spending is productive and has a complementary relationship with private consumption to study the response of the latter to government spending. We discuss how these two characteristics can yield empirical observations that indicate a...

Persistent link: https://www.econbiz.de/10015245044

Políticas de fomento del empleo en las PyMEs y su impacto en el financiamiento de la seguridad social: estimación del costo fiscal

Calabria, Alejandro A.; Rottenschweiler, Sergio - 2014

The creation of employment and its formalization is, undoubtedly, a controversial and relevant topic in Argentina. At present, a law project on this subject is under debate: "Promoting Registered Employment and Labor Fraud Prevention", whose aim is to promote employment and/or formalization of...

Persistent link: https://www.econbiz.de/10015248322

Fiscal Policy Innovations In Advanced Economies

Ackon, Kwabena Meneabe - 2020

Unprecedented is a word that best describes the current state of advanced economies. Interest rates are low in many advanced countries and negative in a few others suggesting that monetary policy has lost its effectiveness. The economic policy tool that has not been implemented yet by many...

Persistent link: https://www.econbiz.de/10015212295

Stimulus Effect of a Value-added Tax Cut: Evidence from the UK Tax Returns Data

Vesal, Mohammad - 2017

2010q4 to compare changes in sales growth for standard-rated traders to that of zero-rated traders (difference …-in-differences). I find an insignificant small impact on sales growth once I allow for heterogeneous effects of the recession either by a … full pass through of the rate cut to consumer prices, a zero effect on sales growth is reflective of a proportionate …

Persistent link: https://www.econbiz.de/10015212429