Skip to main navigation Skip to main content
info(at)avldigital.remove-this.de
Deutsch English
Narrow Search
Search narrowed by
Last searches

Results for *

Displaying results 26 to 50 of 70.

  1. Spillovers from tax shocks to the euro area
    Author: Mierzwa, Sascha
    Published: [2021]
    Publisher:  Philipps-University Marburg, School of Business and Economics, Marburg

    I study the spill-over effects of legislated discretionary tax changes in the United States, Germany, and the United Kingdom to 11 Eurozone countries for the period 1980Q1-2018Q4 employing Local Projections (Jordà, 2005). In general, I find... more

    Access:
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    DS 102
    Inter-library loan:
    No inter-library loan

     

    I study the spill-over effects of legislated discretionary tax changes in the United States, Germany, and the United Kingdom to 11 Eurozone countries for the period 1980Q1-2018Q4 employing Local Projections (Jordà, 2005). In general, I find spillovers from US tax legislation to have the smallest effects on Eurozone countries' real GDP and UK tax changes to exert the largest effect. There is substantial heterogeneity in both the sign and size of spillovers after US and German aggregated tax cuts, whereas UK tax cuts generally have beneficial effects. When I focus the analysis on the statedependent case, I do not find clear evidence of larger spillovers when the recipient country is in a recession. The sign and size of the spillovers instead depend on the origin and sign of the tax change, as well as the recipient country, rather than on the overall state of the business cycle. Moreover, German tax cuts can be contractionary when recipient countries are in a recession, as the short-term interest rate rises. US tax cuts, on the other hand, stimulate the exports of most countries regardless of the state of the business cycle.

     
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/244362
    Edition: This version: 07 September 2021
    Series: Joint discussion paper series in economics ; no. 2021, 33
    Subjects: Fiscal policy; tax policy; legislated tax changes; state dependence; Eurozone; fiscal spillovers; asymmetric effects; United States; Germany; United Kingdom; local projections; narrative approach
    Scope: 1 Online-Ressource (circa 54 Seiten), Illustrationen
  2. Legislative tax announcements and GDP
    evidence from the United States, Germany, and the United Kingdom
    Author: Hayo, Bernd; Mierzwa, Sascha
    Published: [2021]
    Publisher:  Philipps-University Marburg, School of Business and Economics, Marburg

    We study the announcement effect of legislated tax changes on GDP in the US, Germany, and the UK. Using, as the shock of interest, narratively identified information (Romer & Romer, 2009) about future tax changes at the quarter of their introduction... more

    Access:
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    DS 102
    Inter-library loan:
    No inter-library loan

     

    We study the announcement effect of legislated tax changes on GDP in the US, Germany, and the UK. Using, as the shock of interest, narratively identified information (Romer & Romer, 2009) about future tax changes at the quarter of their introduction to the legislative body, we analyse the dynamic results of Local Projections (Jordà, 2005). We find hetero-geneous effects across the three countries: economic activity declines (increases) in the US (the UK), but remains unaffected in Germany. When allowing the responses to vary over the business cycle, we find evidence that US GDP drops regardless of the business cycle, whereas UK GDP rises only during non-recessionary times. We find significant effects for German GDP too: it rises (drops) during recessionary (non-recessionary) times. In general, consumption, investment, and employment follow in the path of GDP.

     
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/244363
    Edition: This version: 08 October 2021
    Series: Joint discussion paper series in economics ; no. 2021, 34
    Subjects: Fiscal policy; tax policy; legislated tax changes; announcement effect; state dependence; United States; Germany; United Kingdom; Local Projections; narrative approach
    Scope: 1 Online-Ressource (circa 12 Seiten), Illustrationen
  3. Re-exploring the early relationship between teenage cigarette and e-cigarette use using price and tax changes
    Author: Pesko, Michael F.; Warman, Casey
    Published: September 2021
    Publisher:  IZA - Institute of Labor Economics, Bonn, Germany

    In 2016, the Surgeon General used longitudinal cohort studies to conclude that youth e-cigarette use is strongly associated with cigarette use. We re-evaluate data from the period of time before the writing of the Surgeon General report, using... more

    Access:
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    DS 4
    Inter-library loan:
    No inter-library loan

     

    In 2016, the Surgeon General used longitudinal cohort studies to conclude that youth e-cigarette use is strongly associated with cigarette use. We re-evaluate data from the period of time before the writing of the Surgeon General report, using quasi-experimental methods, and reach the opposite conclusion. We study contemporaneous and intertemporal effects of e-cigarette and cigarette price and tax changes. Our price variation comes from 35,000 retailers participating in the Nielsen Retail Scanner data system. We match price and tax variation to survey data on current use of e-cigarettes and cigarettes for over 94,000 students between grades 6 to 12 in the National Youth Tobacco Survey (NYTS) for years 2011 to 2015. We find evidence that e-cigarettes and cigarettes are same-period economic substitutes. Coefficient estimates (while imprecisely estimated) also suggest potentially large positive effects of past e-cigarette prices on current cigarette use, indicating inter-temporal economic substitution. Our findings raise doubts about the conclusion of government-sponsored reports that e-cigarettes and cigarettes are strongly positively associated. We recommend revisiting and possibly amending this conclusion.

     
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/250412
    Series: Discussion paper series / IZA ; no. 14751
    Subjects: tobacco control; cigarette use; e-cigarette use; tax policy
    Scope: 1 Online-Ressource (circa 35 Seiten), Illustrationen
  4. Optimal income taxation under monopolistic competition
    Author: Tarasov, Alexander; Zubrickas, Robertas
    Published: September 2021
    Publisher:  CESifo, Center for Economic Studies & Ifo Institute, Munich, Germany

    This paper is concerned with cross-dependencies between endogenous market structure and tax policy. We extend the Mirrlees (1971) model of income taxation with a monopolistic competition framework with general additively separable consumer... more

    Access:
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    DS 63
    Inter-library loan:
    No inter-library loan

     

    This paper is concerned with cross-dependencies between endogenous market structure and tax policy. We extend the Mirrlees (1971) model of income taxation with a monopolistic competition framework with general additively separable consumer preferences. We show that price and variety distortions resulting from the market structure imply that income tax policy needs to be complemented with commodity or firm taxation to achieve the constrained social optimum. We calibrate the model and find that, when choosing optimal tax policy, the failure to account for the market structure results in a welfare loss of 1:77 percent. Motivated by practical cases, we study a policy regime that is solely based on income taxation. Under this policy regime, departures from the social optimum can be compensated by lower and less regressive income taxes than those obtained under the regime with all forms of taxation. We also examine the role of consumer preferences for policy outcomes and show that it is substantially amplified by an endogenous market structure.

     
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/245490
    Series: CESifo working paper ; no. 9309 (2021)
    Subjects: tax policy; monopolistic competition; variety effect; consumer preferences; endogenous labor
    Scope: 1 Online-Ressource (circa 31 Seiten), Illustrationen
  5. Successful tax reforms in the recent international experience
    lessons in political economy and the nuts and bolts of increasing country tax revenue effort
    Author: Martinez-Vazquez, Jorge
    Published: 2021
    Publisher:  International Center for Public Policy, Andrew Young School of Policy Studies, Georgia State University, Atlanta, Georgia, United States of America

    Access:
    Verlag (kostenfrei)
    Verlag (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    VS 523
    Inter-library loan:
    No inter-library loan
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Working paper / International Center for Public Policy ; 21, 15 (November 2021)
    Subjects: tax reform; tax policy; tax administration; international taxation
    Scope: 1 Online-Ressource (circa 102 Seiten), Illustrationen
  6. The labor market effects of part-time contributions to social security: evidence from Colombia
    Author: Samaniego de la Parra, Brenda; Otero-Cortés, Andrea; Fabio Morales, Leonardo
    Published: [2021]
    Publisher:  Banco de la República Colombia, Centro de Estudios Económicos Regionales (CEER), Cartagena

    Access:
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)
    Verlag (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    VS 463
    Inter-library loan:
    No inter-library loan
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    Series: Documentos de trabajo sobre economía regional y urbana ; no. 302 (October, 2021)
    Subjects: Labor informality; tax policy; part-time work; labor demand; non-wage labor costs
    Scope: 1 Online-Ressource (circa 45 Seiten), Illustrationen
  7. Non-linear employment effects of tax policy
    Author: Ferraro, Domenico; Fiori, Giuseppe
    Published: 2021
    Publisher:  Board of Governors of the Federal Reserve System, [Washington, DC]

    Access:
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    VS 201
    Inter-library loan:
    No inter-library loan
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    Series: International finance discussion papers ; number 1333 (December 2021)
    Subjects: Search frictions; job destruction; heterogeneity; aggregation; tax policy
    Scope: 1 Online-Ressource (circa 60 Seiten), Illustrationen
  8. Do required minimum distribution 401(k) rules matter, and for whom?
    insights from a lifecylce model
    Author: Horneff, Vanya; Maurer, Raimond; Mitchell, Olivia S.
    Published: [2021]
    Publisher:  Center for Advanced Studies on the Foundations of Law and Finance, House of Finance, Goethe University, Frankfurt am Main, Germany

    Tax-qualified vehicles helped U.S. private-sector workers accumulate $25Tr in retirement assets. An often-overlooked important institutional feature shaping decumulations from these retirement plans is the "Required Minimum Distribution" (RMD)... more

    Access:
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)
    Resolving-System (kostenfrei)
    Verlag (kostenfrei)
    Verlag (kostenfrei)

    Location:
    Helmut-Schmidt-Universität, Universität der Bundeswehr Hamburg, Universitätsbibliothek
    Inter-library loan:
    No inter-library loan

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    DS 778
    Inter-library loan:
    No inter-library loan

     

    Tax-qualified vehicles helped U.S. private-sector workers accumulate $25Tr in retirement assets. An often-overlooked important institutional feature shaping decumulations from these retirement plans is the "Required Minimum Distribution" (RMD) regulation, requiring retirees to withdraw a minimum fraction from their retirement accounts or pay excise taxes on withdrawal shortfalls. Our calibrated lifecycle model measures the impact of RMD rules on financial behavior of heterogeneous households during their worklives and retirement. We show that proposed reforms to delay or eliminate the RMD rules should have little effects on consumption profiles but more impact on withdrawals and tax payments for households with bequest motives.

     
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/244697
    Series: LawFin working paper ; no. 17
    Subjects: 401(k) plan; household finance; life cycle saving; retirement; tax policy
    Scope: 1 Online-Ressource (circa 40 Seiten), Illustrationen
  9. Euro area inflation differentials
    the role of fiscal policies revisited
    Author: Checherita-Westphal, Cristina; Leiner-Killinger, Nadine; Schildmann, Teresa
    Published: [2023]
    Publisher:  European Central Bank, Frankfurt am Main, Germany

    This paper provides a comprehensive empirical analysis of the role of discretionary fiscal policy for inflation differentials across the 19 euro area countries over the period 1999-2019. The results confirm existing (older) literature that it is... more

    Access:
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)
    Resolving-System (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    DS 534
    Inter-library loan:
    No inter-library loan

     

    This paper provides a comprehensive empirical analysis of the role of discretionary fiscal policy for inflation differentials across the 19 euro area countries over the period 1999-2019. The results confirm existing (older) literature that it is difficult to find robust evidence of the fiscal policy stance or impulse impacting directly on inflation differentials. We do find, however, support for an indirect effect of discretionary fiscal policy on inflation differentials working through the output gap channel. There is also some evidence that fiscal policy may be especially potent in influencing inflation differentials - with fiscal tightening cooling (and fiscal expansion increasing) inflation pressures - when the economy is above its potential. Finally, going from the overall fiscal stance or impulse to individual fiscal instruments, we find that value added tax (VAT) rate changes and public wage growth are statistically significant determinants of inflation differentials in our sample.

     
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Ebook
    Format: Online
    ISBN: 9789289955164
    Other identifier:
    hdl: 10419/278345
    Series: Working paper series / European Central Bank ; no 2774 (February 2023)
    Subjects: Fiscal policy; inflation differentials; tax policy; public wages
    Scope: 1 Online-Ressource (circa 35 Seiten), Illustrationen
  10. The impact of opportunity zones on private investment and economic activity
    Author: Corinth, Kevin; Feldman, Naomi
    Published: [2023]
    Publisher:  American Enterprise Institute, [Washington, DC]

    Place-based policies aim to stimulate economic development in disadvantaged areas with the goal of improving the well-being of residents. A provision of the Tax Cuts and Jobs Act aimed to spur private investment in low-income areas called Opportunity... more

    Access:
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Inter-library loan:
    No inter-library loan

     

    Place-based policies aim to stimulate economic development in disadvantaged areas with the goal of improving the well-being of residents. A provision of the Tax Cuts and Jobs Act aimed to spur private investment in low-income areas called Opportunity Zones (OZs). We evaluate the impact of OZs on investment using data on the near-universe of commercial retail, office, and industrial real estate investments in the United States and a regression discontinuity design that exploits randomness near the OZ eligibility threshold. From 2019-2022, we find economically small and statistically insignificant point estimates of the effect of OZ eligibility on census tract-level investment. Additional data from MasterCard show no robust evidence of increased business activity nor consumer spending. However, we find suggestive effects on investment in multi-family housing in certain years. We conclude that almost five years after the OZ policy was implemented, there is no evidence of a private investment response that has spread beyond multi-family housing, limiting the potential of the policy to stimulate broad economic development and improve the well-being of residents.

     
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/280678
    Edition: This draft: November 13, 2023
    Series: AEI economics working paper ; 2023,17 (November 2023)
    Subjects: Opportunity zones; investment; tax policy; poverty
    Scope: 1 Online-Ressource (circa 68 Seiten)
  11. Finding the missing stone
    mobile money and the quality of tax policy and administration
    Author: Apeti, Ablam Estel; Edoh, Eyah Denise
    Published: January 2024
    Publisher:  The International Centre for Tax and Development at the Institute of Development Studies, Brighton, UK

    Access:
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    Nicht speichern
    Inter-library loan:
    No inter-library loan
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Ebook
    Format: Online
    ISBN: 9781804701706
    Other identifier:
    Series: ICTD working paper ; 178
    Subjects: mobile money; tax policy; tax administration; entropy balancing; developing countries
    Scope: 1 Online-Ressource (circa 41 Seiten), Illustrationen
  12. The determinants of housework time
    boosting the efficiency of household production could have large economic effects
    Author: Stratton, Leslie S.
    Published: 2020
    Publisher:  Forschungsinstitut zur Zukunft der Arbeit GmbH (IZA), Bonn

    The time household members in industrialized countries spend on housework and shopping is substantial, amounting on average to about half as much time as is spent on paid employment. Women bear the brunt of this burden, a difference that is driven in... more

    Access:
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)
    Resolving-System (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    DSP 128
    Inter-library loan:
    No inter-library loan

     

    The time household members in industrialized countries spend on housework and shopping is substantial, amounting on average to about half as much time as is spent on paid employment. Women bear the brunt of this burden, a difference that is driven in part by the gender differential in wages. Efforts to reduce the gender wage gap and alter gendered norms of behavior should reduce the gender bias in household production time and reduce inefficiency in home production. Policymakers should also note the impact of tax policy on housework time and consider ways to reduce the distortions caused by sales and income taxes.

     
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/223608
    Series: IZA world of labor ; 2020,133v2
    Subjects: housework; gender; home production; tax policy
    Scope: 1 Online-Ressource (circa 11 Seiten), Illustrationen
  13. The effect of bank monitoring on loan repayment
    Author: Branzoli, Nicola; Fringuellotti, Fulvia
    Published: [2020]
    Publisher:  Federal Reserve Bank of New York, New York, NY

    Monitoring is one of the main activities explaining the existence of banks, yet empirical evidence about its effect on loan outcomes is scant. Using granular loan-level information from the Italian Credit Register, we build a novel measure of bank... more

    Access:
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    DS 207
    Inter-library loan:
    No inter-library loan

     

    Monitoring is one of the main activities explaining the existence of banks, yet empirical evidence about its effect on loan outcomes is scant. Using granular loan-level information from the Italian Credit Register, we build a novel measure of bank monitoring based on banks' requests for information on their existing borrowers and we investigate the effect of bank monitoring on loan repayment. We perform a causal analysis exploiting changes in the regional corporate tax rate as a source of exogenous variation in bank monitoring. Our identification strategy is supported by a theoretical model predicting that a decrease in the tax rate improves bank incentives to monitor borrowers by increasing returns from lending. We find that bank monitoring reduces the probability of a delinquency in a substantial way and that the effect is stronger for the types of loans that benefit most from bank oversight, such as term loans.

     
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/241116
    Series: Staff report / Federal Reserve Bank of New York ; no. 923 (May 2020)
    Subjects: bank monitoring; nonperforming loan; tax policy
    Scope: 1 Online-Ressource (circa 63 Seiten), Illustrationen
  14. The EITC and maternal time use
    more time working and less time with kids?
    Author: Bastian, Jacob; Lochner, Lance
    Published: 2020
    Publisher:  Centre for Human Capital and Productivity (CHCP), Department of Economics, Social Science Centre, Western University, London, Ontario, Canada

    Parents spend considerable time and resources investing in their children's development. Given evidence that the Earned Income Tax Credit (EITC) affects maternal labor supply, we investigate how the EITC affects a broad array of time-use activities,... more

    Access:
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    DS 236
    Inter-library loan:
    No inter-library loan

     

    Parents spend considerable time and resources investing in their children's development. Given evidence that the Earned Income Tax Credit (EITC) affects maternal labor supply, we investigate how the EITC affects a broad array of time-use activities, focusing on the amount and nature of time spent with children. Using 2003-2018 time-use data, we find that federal and state EITC expansions increase maternal work time, which reduces time devoted to home production, leisure, and time with children. However, for children of all ages, almost none of the reduction comes from time devoted to investment activities, such as active learning and development activities.

     
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/240395
    Series: Working paper / Centre for Human Capital and Productivity (CHCP) ; #2020, 6 (August 2020)
    Subjects: EITC; tax policy; time use; child investment; female labor supply
    Scope: 1 Online-Ressource (circa 59 Seiten), Illustrationen
  15. The earned income tax credit and maternal time use: more time working and less time with kids?
    Author: Bastian, Jacob; Lochner, Lance
    Published: 9-10-2020
    Publisher:  W.E. Upjohn Institute for Employment Research, Kalamazoo, MI

    Parents spend considerable sums investing in their children's development, with their own time among the most important forms of investment. Given well-documented effects of the Earned Income Tax Credit (EITC) on maternal labor supply, it is natural... more

    Access:
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)
    Resolving-System (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    DS 208
    Inter-library loan:
    No inter-library loan

     

    Parents spend considerable sums investing in their children's development, with their own time among the most important forms of investment. Given well-documented effects of the Earned Income Tax Credit (EITC) on maternal labor supply, it is natural to ask how the EITC affects other time allocation decisions, especially time with children. We use the American Time Use Surveys to study the effects of EITC expansions since 2003 on time devoted to a broad array of activities, with considerable attention to the amount and nature of time spent with children. Our results confirm prior evidence that the EITC increases maternal work and reduces time devoted to home production and leisure. More novel, we show that the EITC also reduces time spent with children; however, almost none of the reduction comes from time devoted to "investment" activities. Effects are concentrated among socioeconomically disadvantaged mothers, especially those that are unmarried. Results are also most apparent for mothers of young children. Altogether, our results suggest that the increased work associated with EITC expansions over time has done little to reduce the time mothers devote to active learning and development activities with their children.

     
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/228436
    Series: Upjohn Institute working paper ; 20, 333
    Subjects: EITC; tax policy; time use; child investment; female labor supply
    Scope: 1 Online-Ressource (circa 58 Seiten), Illustrationen
  16. The Child Tax Credit over time by family type
    benefit eligibility and poverty
    Author: Brehm, Margaret E.; Malkova, Olga
    Published: May 2023
    Publisher:  IZA - Institute of Labor Economics, Bonn, Germany

    We examine disparities in Child Tax Credit (CTC) eligibility and anti-poverty effects since 1998 by family type. Initially, single mothers were least likely to be eligible and were underrepresented among those lifted from poverty by the CTC, because... more

    Access:
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    DS 4
    Inter-library loan:
    No inter-library loan

     

    We examine disparities in Child Tax Credit (CTC) eligibility and anti-poverty effects since 1998 by family type. Initially, single mothers were least likely to be eligible and were underrepresented among those lifted from poverty by the CTC, because the credit was virtually nonrefundable. By 2017, disparities by family type mostly disappear, as eligibility and anti-poverty effectiveness of the CTC among single mothers increases dramatically, because of reforms increasing CTC refundability. When the credit doubles in 2018, disparities revert toward initial levels, as eligibility and the anti-poverty effectiveness of single mothers rises least, because of a phaseout threshold expansion and partial refundability.

     
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/272756
    Series: Discussion paper series / IZA ; no. 16129
    Subjects: Child Tax Credit; poverty; gender; tax policy
    Scope: 1 Online-Ressource (circa 53 Seiten), Illustrationen
  17. Kieler Subventionsbericht 2023
    Subventionen des Bundes in Zeiten von Ukrainekrieg und Energiekrise
    Author: Laaser, Claus-Friedrich; Rosenschon, Astrid; Schrader, Klaus
    Published: [2023]
    Publisher:  Kiel Institut für Weltwirtschaft - Leibniz Zentrum zur Erforschung globaler ökonomischer Herausforderungen, Kiel

    Die Bundeshaushalte der Jahre 2022 und 2023 sind geprägt von dem Bemühen, Probleme zu bewältigen, die der Ukraine-Krieg und die daraus folgende Energiekrise mit sich gebracht haben. Die Autoren analysieren, welche der damit verbundenen Mehrausgaben... more

    Access:
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)
    Resolving-System (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    DS 234
    Inter-library loan:
    No inter-library loan

     

    Die Bundeshaushalte der Jahre 2022 und 2023 sind geprägt von dem Bemühen, Probleme zu bewältigen, die der Ukraine-Krieg und die daraus folgende Energiekrise mit sich gebracht haben. Die Autoren analysieren, welche der damit verbundenen Mehrausgaben eher der klassischen Staatsaufgabe "Bereitstellung öffentlicher Güter" dienen und welche Mehrausgaben eher Subventionscharakter haben, also zu den Finanzhilfen und Steuervergünstigungen zählen. Sie zeigen, dass im Jahr 2023 die Finanzhilfen des Bundes um 113 Prozent auf 208 Mrd. Euro springen sollen, was den bisherigen Rahmen vollkommen sprengt. Dabei entfällt mit 101,6 Mrd. Euro fast die Hälfte auf die Finanzhilfen des neu installierten Wirtschaftsstabilisierungsfonds. Besonders dynamisch entwickeln sich auch die Finanzhilfen des Klima‐ und Transformationsfonds, die im Jahr 2023 auf 34,1 Mrd. Euro steigen sollen. Hinzu kommen die Steuervergünstigungen, die nach den aktuell nur für 2022 vollständige Daten 75,3 Mrd. Euro betragen. Nach den Schätzungen der Autoren betrug das gesamte Subventionsvolumen einschließlich der autonomen Finanzhilfen der Länder im Jahr 2022 mehr als 252 Mrd. Euro. Aufgrund der Einführung des Wirtschaftsstabilisierungsfonds steigen die gesamten Subventionen im Jahr 2023 auf voraussichtlich 362 Mrd. Euro. The federal budgets of 2022 and 2023 are characterized by efforts to cope with problems brought about by the Ukraine war and the ensuing energy crisis. The authors analyze which of the associated additional expenditures are more in line with the classic government task of "providing public goods" and which additional expenditures are more in the nature of subsidies, i.e. belong to the category of financial aid and tax concessions. They show that in 2023 federal financial assistance is set to jump by 113 percent to EUR 208 billion, which is completely beyond the previous scope. The newly installed Economic Stabilization Fund alone accounts for EUR 101.6 billion or almost the half of the financial assistance provided. The financial assistance from the Climate and Transformation Fund is also developing particularly dynamically, and is expected to rise to EUR 34.1 billion in 2023. In addition, tax concessions amount to 75.3 billion euros, according to the data currently complete only for 2022. Based on the authors' estimates, the total volume of subsidies, including autonomous financial assistance from the states, amounted to more than EUR 252 billion in 2022. Due to the introduction of the Economic Stabilization Fund, total subsidies are expected to rise to EUR 362 billion in 2023.

     
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: German
    Media type: Ebook
    Format: Online
    ISBN: 9783894564247
    Other identifier:
    hdl: 10419/278758
    Series: Kieler Beiträge zur Wirtschaftspolitik ; Nr. 44 (Oktober 2023)
    Subjects: Fiskalpolitik und Haushalt; Deutschland; Steuerpolitik; Subventionen; Subventionsabbau; Bundesausgaben; fiscal policy and budget; Germany; tax policy; subsidies; subsidy reduction; federal spending
    Scope: 1 Online-Ressource (circa 106 Seiten), Illustrationen
  18. Transfers, agglomeration and German unification
    Author: Ross, Matthias
    Published: 2001
    Publisher:  HWWA, Hamburg

    Export to reference management software   RIS file
      BibTeX file
    Content information
  19. Transfers, agglomeration and German unification
    Author: Ross, Matthias
    Published: 2001
    Publisher:  Hamburg Institute of International Economics (HWWA), Hamburg

    Export to reference management software   RIS file
      BibTeX file
  20. Tax policy and inclusive growth
    Author: Abdel-Kader, Khaled; Mooij, Ruud A. de
    Published: December 2020
    Publisher:  International Monetary Fund, [Washington, DC]

    This paper discusses the theory and practice of tax design to achieve an efficient and equitable outcome, id est in support of inclusive growth. It starts with a discussion of the key principles from tax theory to guide practical tax design. Then, it... more

    Access:
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)
    Verlag (kostenfrei)

    Location:
    Staatsbibliothek zu Berlin - Preußischer Kulturbesitz, Haus Unter den Linden
    Inter-library loan:
    Unlimited inter-library loan, copies and loan

     

    This paper discusses the theory and practice of tax design to achieve an efficient and equitable outcome, id est in support of inclusive growth. It starts with a discussion of the key principles from tax theory to guide practical tax design. Then, it elaborates on more granular tax policy, discussing key choices in the structure of the personal income tax on labor and capital income, taxes on wealth, the corporate income tax, and consumption taxes. The paper concludes by highlighting the political economy considerations of the issues with concrete recommedtions as to how to implement tax reform

     
    Export to reference management software   RIS file
      BibTeX file
  21. Revenue mobilization for a resilient and inclusive recovery in the Middle East and Central Asia
    Author: Benmohamed, Imen; Harb, Mahmoud; Muthoora, Priscilla; Reyes, Nathalie; Zhu, Ling; Koukpaizan, Vincent de Paul; Vellutini, Charles
    Published: 2022 JUL
    Publisher:  International Monetary Fund, Publication Services, Washington, DC, U.S.A.

    Domestic revenue mobilization has been a longstanding challenge for countries in the Middle East and Central Asia. Insufficient revenue has often constrained priority social and infrastructure spending, reducing countries' ability to reach the... more

    Access:
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)
    Verlag (kostenfrei)

    Location:
    Staatsbibliothek zu Berlin - Preußischer Kulturbesitz, Haus Unter den Linden
    Inter-library loan:
    Unlimited inter-library loan, copies and loan

     

    Domestic revenue mobilization has been a longstanding challenge for countries in the Middle East and Central Asia. Insufficient revenue has often constrained priority social and infrastructure spending, reducing countries' ability to reach the Sustainable Development Goals, improve growth prospects, and address climate related challenges. Moreover, revenue shortfalls have often been compensated by large and sustained debt accumulation, raising vulnerabilities in some countries, and limiting fiscal space to address future shocks. The COVID-19 pandemic and the war in Ukraine have compounded challenges to sustainable public finances, underscoring the need for revenue mobilization efforts. The recent global crises have also exacerbated existing societal inequalities and highlighted the importance of raising revenues in an efficient and equitable manner. This paper examines the scope for additional tax revenue mobilization and discusses policies to gradually raise tax revenue while supporting resilient growth and inclusion in the Middle East and Central Asia. The paper's main findings are that excluding hydrocarbon revenues, the region's average tax intake lags those of other regions; the region's fragile and conflict-affected states (FCS) face particular challenges in mobilizing tax revenue; In general, there is considerable scope to raise additional tax revenue; countries have made efforts to raise tax collection, but challenges remain; tax policy design, notably low tax rates and pervasive tax exemptions, is an important factor driving tax revenue shortfalls; weak tax compliance, reflecting both structural features and challenges in revenue administration, also plays a role; and personal income tax systems in the region vary in their progressivity-the extent to which the average tax rate increases with income-and in their ability to redistribute income. These findings provide insights for policy action to raise revenue while supporting resilient growth and inclusion. The paper's analysis points to these priorities for the region to improve both efficiency and equity of tax systems: improving tax policy design to broaden the tax base and increase progressivity and redistributive capacity; strengthening revenue administration to improve compliance; and implementing structural reforms to incentivize tax compliance, formalization, and economic diversification

     
    Export to reference management software   RIS file
      BibTeX file
    Source: Staatsbibliothek zu Berlin
    Contributor: Benninger, Thomas (MitwirkendeR); Hebous, Shafik (MitwirkendeR); Okello, Andrew (MitwirkendeR); Sanya, Bernard (MitwirkendeR); Marahel, Alireza (MitwirkendeR); Verdier, Geneviève (HerausgeberIn); Rayner, Brett (HerausgeberIn)
    Language: English
    Media type: Ebook
    Format: Online
    ISBN: 9798400211669; 9798400211713
    Other identifier:
    Series: Departmental paper / International Monetary Fund ; DP/2022, 013
    Subjects: Steuereinnahmen; Steuerpolitik; Steuersystem; Reformpolitik; Effektivität; Sozioökonomischer Wandel; Internationaler Vergleich; Revenue mobilization; revenue gaps; tax compliance; compliance gaps; tax policy; tax revenue gap; estimated tax; Gini coefficient; revenue challenge; tax revenue shortfall; systems in the region; tax Effort; tax ratio; Tax collection; Middle East and Central Asia; Global; Central Asia and the Caucasus; Middle East; Personal income tax; Tax administration core functions; Corporate income tax; Taxation; Personal Finance -Taxation; Corporate Taxation; Equity, Justice, Inequality, and Other Normative Criteria and Measurement; Fiscal Policy; International Relations and International Political Economy: Other; Taxation, Subsidies, and Revenue: General; Taxation and Subsidies: Incidence; Personal Income and Other Nonbusiness Taxes and Subsidies; Business Taxes and Subsidies; Tax Evasion and Avoidance; Aggregate Factor Income Distribution; International institutions; Public finance & taxation; Corporate & business tax; Macroeconomics; Political economy; International organization; Revenue administration; Taxes; International Economics; Public Policy; Public Finance; Tax return filing compliance; Taxpayer compliance; Taxation; Law and legislation; Revenue; Tax administration and procedure; Income tax; Corporations; Taxation; Fiscal policy
    Scope: 1 Online-Ressource (circa 65 Seiten), Illustrationen
  22. Death and taxes
    does taxation matter for firm survival?
    Author: Cevik, Serhan; Miryugin, Fedor
    Published: 2019
    Publisher:  International Monetary Fund, [Washington, DC]

    This paper investigates the impact of taxation on firm survival, using hazard models and a large-scale panel dataset on over 4 million nonfinancial firms from 21 countries over the period 1995-2015. We find ample evidence that a lower level of... more

    Access:
    Verlag (kostenfrei)
    Verlag (kostenfrei)

    Location:
    Staatsbibliothek zu Berlin - Preußischer Kulturbesitz, Haus Unter den Linden
    Inter-library loan:
    Unlimited inter-library loan, copies and loan

     

    This paper investigates the impact of taxation on firm survival, using hazard models and a large-scale panel dataset on over 4 million nonfinancial firms from 21 countries over the period 1995-2015. We find ample evidence that a lower level of effective marginal tax rate improves firms' survival chances. This result is not only statistically but also economically important and remains robust when we partition the sample into country subgroups. The effect of taxation on firms' survival probability is found to exhibit a non-linear pattern and be stronger in developing countries than advanced economies. These findings have important policy implications for the design of corporate tax systems. The challenge is not simply reducing the statutory tax rate, but to level the playing field for all firms by rationalizing differentiated tax treatments across sectors, asset types and sources of financing

     
    Export to reference management software   RIS file
      BibTeX file
    Content information
    Volltext (kostenfrei)
    Volltext (kostenfrei)
  23. Case studies in tax revenue mobilization in low-income countries
    Author: Akitoby, Bernardin; Honda, Jiro; Miyamoto, Hiroaki; Primus, Keyra; Sy, Mouhamadou
    Published: 2019
    Publisher:  International Monetary Fund, [Washington, DC]

    How can Low-Income Countries (LICs) enhance tax revenue collection to finance their vast development needs? We address this question by analyzing seven tax reform experiences in LICs (Burkina Faso, The Gambia, Maldives, Mauritania, Rwanda, Senegal,... more

    Access:
    Verlag (kostenfrei)
    Verlag (kostenfrei)

    Location:
    Staatsbibliothek zu Berlin - Preußischer Kulturbesitz, Haus Unter den Linden
    Inter-library loan:
    Unlimited inter-library loan, copies and loan

     

    How can Low-Income Countries (LICs) enhance tax revenue collection to finance their vast development needs? We address this question by analyzing seven tax reform experiences in LICs (Burkina Faso, The Gambia, Maldives, Mauritania, Rwanda, Senegal, and Uganda). Three lessons stand out, although reforms must be tailored to individual circumstances: (i) Tax reforms require first and foremost political commitment and buy-in from key stakeholders; (ii) Countries that pursue both revenue administration and tax policy reforms tend to see much larger and persistent gains; and (iii) A successful strategy often starts with fiscal reform measures with immediate effect to build momentum. These can include: simplifying the tax system; curbing exemptions; reforming indirect taxes on goods and services (e.g., excises); and better managing compliance risks through strengthening taxpayer segmentation (often beginning with strengthening the Large Taxpayers Office). A comprehensive reform strategy (e.g., a medium-term revenue strategy) can help to properly sequence reform measures and facilitate their implementation

     
    Export to reference management software   RIS file
      BibTeX file
    Content information
    Volltext (kostenfrei)
    Volltext (kostenfrei)
  24. Non-linear effects of tax changes on output
    the role of the initial level of taxation
    Author: Gunter, Samara Potter; Riera-Crichton, Daniel; Végh, Carlos A.; Vuletin, Guillermo
    Published: December 2018
    Publisher:  World Bank Group, Latin America and the Caribbean Region, Office of the Chief Economist, Washington, DC, USA

    Location:
    Max-Planck-Institut für Bildungsforschung, Bibliothek und wissenschaftliche Information
    Inter-library loan:
    Unlimited inter-library loan, copies and loan

    Location:
    Universität Potsdam, Universitätsbibliothek
    Inter-library loan:
    Unlimited inter-library loan, copies and loan
    Export to reference management software   RIS file
      BibTeX file
    Content information
    Volltext (Deutschlandweit zugänglich)
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    Series: Policy research working paper ; 8668
    Subjects: tax multiplier; tax policy; tax rate; value-added tax; non-linear; narrative
    Scope: 1 Online-Ressource (circa 50 Seiten), Illustrationen
  25. Policy implications of non-linear effects of tax changes on output
    Author: Gunter, Samara Potter; Riera-Crichton, Daniel; Végh, Carlos A.; Vuletin, Guillermo
    Published: January 2019
    Publisher:  World Bank Group, Latin America and the Caribbean Region, Office of the Chief Economist, Washington, DC, USA

    An earlier paper titled "Non-linear effects of tax changes on output: The role of the initial level of taxation," estimated tax multipliers using (i) a novel dataset on value-added taxes for 51 countries (21 industrial and 30 developing) for the... more

    Access:
    Verlag (Deutschlandweit zugänglich)

    Location:
    Max-Planck-Institut für Bildungsforschung, Bibliothek und wissenschaftliche Information
    Inter-library loan:
    Unlimited inter-library loan, copies and loan

    Location:
    Universität Potsdam, Universitätsbibliothek
    Inter-library loan:
    Unlimited inter-library loan, copies and loan

     

    An earlier paper titled "Non-linear effects of tax changes on output: The role of the initial level of taxation," estimated tax multipliers using (i) a novel dataset on value-added taxes for 51 countries (21 industrial and 30 developing) for the period 1970-2014, and (ii) the so-called narrative approach developed by Romer and Romer (2010) to properly identify exogenous tax changes. The main finding is that, in line with existing theoretical distortionary and disincentive-based arguments, the effect of tax changes on output is highly non-linear. The tax multiplier is essentially zero under relatively low/moderate initial tax rate levels and more negative as the initial tax rate and the size of the change in the tax rate increase. This companion paper first shows that these findings have important policy implications, given that the initial level of taxes varies greatly across countries and thus so will the potential output effect of changing tax rates. The paper then turns to some specific policy applications. It focuses on the relevance of the arguments for revenue mobilization in countries with low levels of provision of public goods and social and infrastructure gaps, as well as in commodity-dependent countries. The paper then considers some practical implications for the standard debt sustainability analysis. Lastly, it evaluates the implications of the findings for the Laffer curve

     
    Export to reference management software   RIS file
      BibTeX file
    Content information
    Volltext (lizenzpflichtig)
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    Series: Policy research working paper ; 8720
    World Bank E-Library Archive
    Subjects: tax multiplier; tax policy; tax rate; value-added tax; non-linear; narrative
    Scope: 1 Online-Ressource (circa 18 Seiten), Illustrationen