Showing 1 - 10 of 89
and commuting costs because firms need to compensate the transportation cost difference between the employed and …
Persistent link: https://www.econbiz.de/10003580850
The direct impact of local public goods on welfare is relatively easy to measure from land rents. However, the indirect effects on home and job location, on land use, and on agglomeration benefits are hard to pin down. We develop a spatial general equilibrium model for the valuation of these...
Persistent link: https://www.econbiz.de/10010394598
Using representative and consistent microdata from the German Socio-Economic Panel Study (SOEP) from 1985-2007, we illustrate that capital income (CI = return on financial investments) and imputed rent (IR = return on investments in owner-occupied housing) have become increasingly important...
Persistent link: https://www.econbiz.de/10003926726
We consider taxation by a utilitarian government in the presence of heterogeneous locations within a country. We show that a utilitarian government never equalizes after-tax incomes, even when it can impose group-specific lump-sum taxes. If migration is impossible, a utilitarian government may...
Persistent link: https://www.econbiz.de/10003227212
Suárez Serrato and Zidar (2016) identify state corporate tax incidence in a spatial equilibrium model with imperfectly mobile firms. Their identification argument rests on comparative-statics omitting a channel implied by their model: the link between common determinants of a location's...
Persistent link: https://www.econbiz.de/10012592979
: unemployment vouchers and low-wage subsidies. The unemployment vouchers are targeted exclusively at the unemployed (especially the … longterm unemployed) and are provided only for a limited period of time. The low-wage subsidies, on the other hand, are granted … relative to low-wage subsidies. Conversely, the greater the danger that workers come to be trapped in dead-end jobs with flat …
Persistent link: https://www.econbiz.de/10011412368
A society that believes wealth to be determined by random "luck", rather than by merit, demands more redistribution. We present evidence of this behavior by exploiting a natural experiment provided by the L'Aquila earthquake in 2009, which hit a large area of Central Italy through a series of...
Persistent link: https://www.econbiz.de/10012035684
We model a higher education system that admits students according to their admission signal (e.g., matriculation GPA, SAT), which is, in turn, affected by their cognitive ability and socioeconomic background. We show that subsidizing education loans increases neither human capital stock nor...
Persistent link: https://www.econbiz.de/10011613138
class of "place based" policies attempt to address these differences through public investments and subsidies that target …
Persistent link: https://www.econbiz.de/10010212999
This paper provides some of the first evidence of the relationship between eco-innovation and employment. Adopting a O*NET based task approach, in a study of the Dutch firms, we show that eco-innovation has no impact on overall employment. However, compared to non- eco-innovators there is an...
Persistent link: https://www.econbiz.de/10012415942