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Does redistribution increase inequality? Is inequality harmfiil for growth? Both questions have recently been addressed … in a number of single-tax models. In this paper, I examine the relationship between policy, growth and inequality when …. Redistributive labor income taxation has a negative impact on short- and long-run growth and inequality while capital taxation …
Persistent link: https://www.econbiz.de/10010398201
One of the most interesting facts about the growth of developed nations, especially of the US growth, in the last three … decades is significant growth of the ratio of the wage of skilled labor to that of unskilled labor. At the same time, existing … growth which is common to all developed countries and which can explain the greatest part of education cost ratio increase in …
Persistent link: https://www.econbiz.de/10010321661
This paper analyzes the returns to training that was co-financed by the German voucher program Bildungsprämie. The estimation strategy compares outcomes of participants in voucher training with voucher recipients who intended to participate in training, but did not do so because of a random...
Persistent link: https://www.econbiz.de/10010507449
This paper analyzes the returns to training that was co-financed by the German voucher program "Bildungsprämie". The estimation strategy compares outcomes of participants in voucher training with voucher recipients who intended to participate in training, but did not do so because of a random...
Persistent link: https://www.econbiz.de/10010520543
This paper analyzes the returns to training that was co-financed by the German voucher program Bildungsprämie. The estimation strategy compares outcomes of participants in voucher training with voucher recipients who intended to participate in training, but did not do so because of a random...
Persistent link: https://www.econbiz.de/10010531701
) income distribution dynamics, intergenerational community formation and growth. In a world in which redistributive policies …
Persistent link: https://www.econbiz.de/10010310390
growth dynamics. We find multiple politico-economic regimes where the pressure for redistribution is highly non …
Persistent link: https://www.econbiz.de/10011608803
An important strand of research in macro-finance investigates which factors impede enterprise investment, and quantifies their aggregate cost. In this paper, we make two contributions to this literature. The first contribution is methodological: we introduce a novel framework to calibrate...
Persistent link: https://www.econbiz.de/10014377422
This paper examines the problem of optimal tax mix analytically in a two-sector growth model with transitional dynamics …
Persistent link: https://www.econbiz.de/10010291989
This paper analyzes the impact of the composition of taxes on economic growth using a panel of OECD countries. In … contrast to Kneller et al. (Fiscal policy and growth: evidence from OECD countries, 1999), over 1980-2005 distortionary … taxation did not reduce growth, while an increase in non-distortionary taxation had a negative association with growth. When …
Persistent link: https://www.econbiz.de/10012029039