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There are several striking peculiarities of the arts labor market that have attracted the attentions of researchers in the last several decades: first is constant long run excess supply of arts labor; second, artists are more likely to be multiple-job-holders than other professions; third,...
Persistent link: https://www.econbiz.de/10010201663
Product quality is often unobservable ex-ante and consumers rely on experts' judgments, sometimes in the form of ratings or awards. Do awards affect consumers' choices or, conversely, are they conferred on the most popular products? To disentangle this issue, we use data about the most important...
Persistent link: https://www.econbiz.de/10010469022
arts and culture, and when corporate philanthropy emerged in the 1950s it was also often aimed at the arts and culture. The … grants to the arts and culture; and the rising number of community and family foundations. American philanthropy is … historical tradition and legal framework has given rise to different forms of support for the arts and culture, with a greater …
Persistent link: https://www.econbiz.de/10014023792
This paper explores the early development of three important fiscal institutions faced by U.S. state governments: property tax limits (PTLs), balanced budget rules (BBRs), and the gubernatorial line-item veto (LIV). Specifically, this study attempts to provide historical context for their...
Persistent link: https://www.econbiz.de/10013001289
This chapter begins by noting that culture as an element in economic development in the Third World has been largely … neglected in traditional development economics, most writers either seeing culture as an obstacle to development or ignoring it … altogether. Recently a shift in thinking has occurred whereby culture is now more widely seen as being more central to the …
Persistent link: https://www.econbiz.de/10014023816
We show that culture and diversity strongly influence welfare systems around the globe. To disentangle culture from …
Persistent link: https://www.econbiz.de/10011789109
We augment a standard tax model by concerns about tax equity: people get upset when labour is taxed more heavily than capital. Even the slightest concern for tax equity invalidates the common recommendation for small open economies that capital should remain tax-exempt. This holds for exogenous...
Persistent link: https://www.econbiz.de/10013094226
Scotland is engaged in a lively and on-going debate on greater fiscal autonomy and independence, which is politically controversial, especially in respect of tax-varying powers. The Scottish Parliament has the power to make a balanced-budget adjustment in public expenditure by varying the basic...
Persistent link: https://www.econbiz.de/10011507604
Stricter tax enforcement can raise tax collections, finance public goods provision and lower the efficiency costs of raising taxes. We study these links in the context of the Ghost Buildings program: an anti-tax evasion policy that detected buildings not reported on land registry in Italy. Using...
Persistent link: https://www.econbiz.de/10012826369
Can a government reduce income inequality by changing the composition of public spending while keeping the total level of expenditure fixed? Using newly assembled data on spending composition for 83 countries across all income groups, this paper shows that reallocating spending toward social...
Persistent link: https://www.econbiz.de/10012860996