Political Economy: Fiscal Policies & Behavior of Economic Agents eJournal最新文献

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An Economic Rationale for Dismissing Low‐Quality Experts in Trial 在审判中解雇低质量专家的经济理由
Chulyoung Kim
{"title":"An Economic Rationale for Dismissing Low‐Quality Experts in Trial","authors":"Chulyoung Kim","doi":"10.1111/sjpe.12129","DOIUrl":"https://doi.org/10.1111/sjpe.12129","url":null,"abstract":"The history of the admissibility standard for expert testimony in American courtrooms reveals that the standard has gradually increased to a high level since a series of important decisions by the Supreme Court. Whether such a stringent standard for expert testimony is beneficial or detrimental to the American justice system is still under fierce debate, but there has been scant economic analysis of this issue. This paper attempts to fill the gap by presenting a game-theoretic argument showing that a stringent admissibility standard operates to increase the judicial decision's accuracy under certain situations. More precisely, when the judge faces uncertainty regarding an expert's quality, the admissibility standard may provide the judge with information about the quality of expert testimony, thereby increasing the accuracy of the judicial decision by mitigating the judge's inference problem. I show the ways in which this effect dominates at trial and discuss related issues.","PeriodicalId":282044,"journal":{"name":"Political Economy: Fiscal Policies & Behavior of Economic Agents eJournal","volume":"11 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-11-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127721681","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 2
The Joint Effects of a Health Insurance and a Public Works Scheme in Rural Ethiopia 健康保险和公共工程计划在埃塞俄比亚农村的共同影响
Political Economy: Fiscal Policies & Behavior of Economic Agents eJournal Pub Date : 2017-08-31 DOI: 10.2139/ssrn.3029810
Z. Shigute, Christoph Strupat, F. Burchi, G. Alemu, A. Bedi
{"title":"The Joint Effects of a Health Insurance and a Public Works Scheme in Rural Ethiopia","authors":"Z. Shigute, Christoph Strupat, F. Burchi, G. Alemu, A. Bedi","doi":"10.2139/ssrn.3029810","DOIUrl":"https://doi.org/10.2139/ssrn.3029810","url":null,"abstract":"Rural households in Ethiopia are exposed to a variety of covariate and idiosyncratic risks. In 2005, the Ethiopian government introduced the Productive Safety Net Program (PSNP) and in 2011 launched the Community Based Health Insurance Scheme (CBHI). This paper analyses the interaction between the two schemes and their joint effect on health care utilization, labor supply, asset accumulation and borrowing. The empirical analysis relies on three rounds of individual-level panel data collected in 2011, 2012 and 2013 and on several rounds of qualitative work. We find that individuals covered by both programs, as opposed to neither, are 5 percentage points more likely to use outpatient care and are 21 percentage points more likely to participate in off-farm work. Furthermore, participation in both programs is associated with a 5 percent increase in livestock, the main household asset, and a 27 percent decline in debt. These results suggest that at least in Ethiopia bundling of interventions enhances protection against multiple risks and shows the potential of linked social protection schemes.","PeriodicalId":282044,"journal":{"name":"Political Economy: Fiscal Policies & Behavior of Economic Agents eJournal","volume":"41 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-08-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132931489","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 9
A Gender Deduction Gap 性别扣除差距
Political Economy: Fiscal Policies & Behavior of Economic Agents eJournal Pub Date : 2017-07-31 DOI: 10.2139/ssrn.3012367
P. Varela
{"title":"A Gender Deduction Gap","authors":"P. Varela","doi":"10.2139/ssrn.3012367","DOIUrl":"https://doi.org/10.2139/ssrn.3012367","url":null,"abstract":"This paper uses Australian tax return data and techniques from the gender pay gap literature, including the Oaxaca-Blinder decomposition and the DiNardo-Fortin-Lemieux decomposition, to explore whether men in similar economic circumstances to women claim more deductions on their tax return. After controlling for observable characteristics such as income and occupation, men are found to claim around 12 per cent more deductions than women, which when taken at face value, increases the gender pay gap in Australia by around $75 per year. The paper also finds an unexplained gender difference in 7 of 11 categories of deductions and amongst workers in 6 of 9 occupation classifications. Men and women earning different proportions of capital income and family tax planning are considered as potential explanations of the observed deduction gap. While both factors are found to influence the level of deductions claimed, they can only explain a small proportion of the observed difference in deductions between men and women.","PeriodicalId":282044,"journal":{"name":"Political Economy: Fiscal Policies & Behavior of Economic Agents eJournal","volume":"65 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-07-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127306667","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Does Knowledge Matter? Survey Evidence for Knowledge-Based, Self-Interested Welfare Attitudes in South Korea 知识重要吗?韩国以知识为基础、自利的福利态度的调查证据
Political Economy: Fiscal Policies & Behavior of Economic Agents eJournal Pub Date : 2017-07-24 DOI: 10.2139/ssrn.3009074
Sijeong Lim, Seiki Tanaka
{"title":"Does Knowledge Matter? Survey Evidence for Knowledge-Based, Self-Interested Welfare Attitudes in South Korea","authors":"Sijeong Lim, Seiki Tanaka","doi":"10.2139/ssrn.3009074","DOIUrl":"https://doi.org/10.2139/ssrn.3009074","url":null,"abstract":"The effect of income on individuals' welfare attitudes varies across societies. Existing studies focus on institutions and macroeconomic conditions to explain the variation. We argue that knowledge mediates self-interested individuals' income-based welfare attitudes. We focus on a set of specific knowledge relevant for assessing the distributive effects of the welfare state: awareness of fiscal constraint, understanding of tax system, information on transfer system, and objective assessment of one's economic status. At the micro-level, the lack of knowledge renders higher (/lower) income citizens to be more (/less) supportive of social spending than they would under better information. At the aggregate level, a prevalent lack of knowledge dilutes income-based cleavages over social spending. To test our argument, we conducted an original survey in South Korea where a number of previous studies found little or no income effect. The survey-based evidence lends support to our argument.","PeriodicalId":282044,"journal":{"name":"Political Economy: Fiscal Policies & Behavior of Economic Agents eJournal","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-07-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130429113","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
The Effect of Taxation on Corporate Financing and Investment 税收对企业融资和投资的影响
Political Economy: Fiscal Policies & Behavior of Economic Agents eJournal Pub Date : 2017-06-01 DOI: 10.2139/ssrn.2878057
Hong Chen, Murray Z. Frank
{"title":"The Effect of Taxation on Corporate Financing and Investment","authors":"Hong Chen, Murray Z. Frank","doi":"10.2139/ssrn.2878057","DOIUrl":"https://doi.org/10.2139/ssrn.2878057","url":null,"abstract":"\u0000 Extensive empirical research concerning the impact of taxes on corporate decisions has had trouble identifying seemingly obvious effects. Perhaps the problem is that the seemingly obvious tax predictions are not quite right. We provide an equilibrium model with both corporate and personal taxes. In the steady-state equilibrium, the corporate tax rate affects the level of production despite interest deductibility at the firm level, but not household-level taxes on interest earnings or dividends. We prove several other tax irrelevance results and document a Laffer curve in the corporate tax rate. (JEL G31, G32, G35)\u0000 Received February 7, 2020; editorial decision December 11, 2020 by Editor Uday Rajan.","PeriodicalId":282044,"journal":{"name":"Political Economy: Fiscal Policies & Behavior of Economic Agents eJournal","volume":"84 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126418327","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 10
Do Firms Remit at Least 85 Percent of Tax Everywhere? 企业是否将至少85%的税款汇出全球各地?
Political Economy: Fiscal Policies & Behavior of Economic Agents eJournal Pub Date : 2017-05-17 DOI: 10.2139/ssrn.2970229
J. Slemrod, Tejaswi Velayudhan
{"title":"Do Firms Remit at Least 85 Percent of Tax Everywhere?","authors":"J. Slemrod, Tejaswi Velayudhan","doi":"10.2139/ssrn.2970229","DOIUrl":"https://doi.org/10.2139/ssrn.2970229","url":null,"abstract":"In this note, we present new evidence about firm remittance in India, and discuss the remarkable similarity and prominence in the role of businesses in tax remittance in three very different tax systems – India, the United States and the United Kingdom. Previous studies of developed countries have concluded that firms remit the great majority of taxes: 83 percent of taxes in the United States, and 87 percent of taxes in the United Kingdom. A recent OECD working paper estimates the share for a sample of 24 OECD countries, and finds an unweighted average of 89.7 percent. The proximity of these estimates suggests an emerging “rule of 85,” but notably absent is any evidence for developing countries, where the tax structure and administrative capacity varies substantially from developed countries. We find, somewhat remarkably, that in India firms remit about the same fraction of total revenue as in the United States and United Kingdom – 87 percent of the total tax revenue collected by the central and state governments. This is true even though the composition of tax revenue in India is very different from that of the United States and the United Kingdom.","PeriodicalId":282044,"journal":{"name":"Political Economy: Fiscal Policies & Behavior of Economic Agents eJournal","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-05-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130153641","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
Comparing Latin American and North American Subnational Government: Fiscal Autonomy and Accountability 拉美与北美地方政府比较:财政自治与问责制
Political Economy: Fiscal Policies & Behavior of Economic Agents eJournal Pub Date : 2017-05-05 DOI: 10.2139/ssrn.2964035
Agustín León-Moreta
{"title":"Comparing Latin American and North American Subnational Government: Fiscal Autonomy and Accountability","authors":"Agustín León-Moreta","doi":"10.2139/ssrn.2964035","DOIUrl":"https://doi.org/10.2139/ssrn.2964035","url":null,"abstract":"This paper explores fiscal decentralization in the Americas. It employs a comparative analysis to evaluate fiscal autonomy in North American and Latin American subnational government. Fiscal decentralization has been in vogue over recent decades, as nations have been adjusting to improve service delivery via decentralization. Decentralization (and autonomy) promises to attain various goals such as greater efficiency, equity, and accountability of governments. Fiscal decentralization has become a central topic of policy debate in Latin American countries, in particular, as part of a larger agenda of social-economic development in these countries. The paper is organized as follows. The second section will review related literature. The third section will present a basic framework of fiscal autonomy of subnational government and apply that framework for the analysis of subnational autonomy in Latin America and North America. The fourth section will explore factors that influence the extent of functional decentralization in the Americas. The fifth section will discuss implications for subnational accountability in an intergovernmental context. Conclusions will follow in the fifth section.","PeriodicalId":282044,"journal":{"name":"Political Economy: Fiscal Policies & Behavior of Economic Agents eJournal","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-05-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134098072","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
The Effects of Works Councils on Overtime Hours 劳资委员会对加班时间的影响
R. Gralla, Kornelius Kraft, S. Volgushev
{"title":"The Effects of Works Councils on Overtime Hours","authors":"R. Gralla, Kornelius Kraft, S. Volgushev","doi":"10.1111/sjpe.12120","DOIUrl":"https://doi.org/10.1111/sjpe.12120","url":null,"abstract":"This study analyzes the relation between works councils and overtime hours in Germany. The estimated effects differ considerably in dependence of standard contracted working time. Furthermore, we find differences across the quantiles of the overtime hours distribution and these differences between quantiles also vary between employees of establishment with and without works councils. By considering contracted working time effects and comparing conditional quantiles we find in some quantiles that employees of establishments with a works council have a higher amount of overtime hours if an employee regularly works 35 hours per week. This effect diminishes with increasing quantiles of the distribution of overtime hours. If an employee of a codetermined establishment regularly works 40 hours per week, overtime hours are reduced. This reduction becomes larger if higher quantiles are analyzed.","PeriodicalId":282044,"journal":{"name":"Political Economy: Fiscal Policies & Behavior of Economic Agents eJournal","volume":"27 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-05-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115135984","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 4
Arithmetics and Politics of Domestic Resource Mobilization 国内资源动员的算术和政治
Political Economy: Fiscal Policies & Behavior of Economic Agents eJournal Pub Date : 2017-04-17 DOI: 10.1596/1813-9450-8029
K. Bolch, L. Ceriani, L. López-Calva
{"title":"Arithmetics and Politics of Domestic Resource Mobilization","authors":"K. Bolch, L. Ceriani, L. López-Calva","doi":"10.1596/1813-9450-8029","DOIUrl":"https://doi.org/10.1596/1813-9450-8029","url":null,"abstract":"The 2015 United Nations resolution on Financing for Development stresses the importance of effective resource mobilization and use of domestic resources to pursue sustainable development. The first Sustainable Development Goal is to eradicate extreme poverty for all people everywhere by 2030. This paper proposes an accounting exercise to assess whether it is feasible for countries to eliminate poverty using only domestic resources, in other words, by mere redistribution. Moreover, the paper argues that the concentration of resources in the hands of fewer individuals in the society may hinder the feasibility of implementing effective fiscal policies (from the revenue side and the social spending side) to reduce poverty. The paper provides a new tool to assess the capacity of countries to eliminate poverty through redistribution, and a new tool to approximate the concentration of political influence in a country. The new methodologies are applied to the most recent surveys available for more than 120 developing countries. The findings show that countries with the same fiscal capacity to mobilize resources for poverty eradication differ widely in the political feasibility of such redistribution policies.","PeriodicalId":282044,"journal":{"name":"Political Economy: Fiscal Policies & Behavior of Economic Agents eJournal","volume":"21 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-04-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131660220","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 25
Effects of Consumption Taxes on Real Exchange Rates and Trade Balances 消费税对实际汇率和贸易平衡的影响
Political Economy: Fiscal Policies & Behavior of Economic Agents eJournal Pub Date : 2017-04-04 DOI: 10.2139/ssrn.2946204
C. Freund, Joseph E. Gagnon
{"title":"Effects of Consumption Taxes on Real Exchange Rates and Trade Balances","authors":"C. Freund, Joseph E. Gagnon","doi":"10.2139/ssrn.2946204","DOIUrl":"https://doi.org/10.2139/ssrn.2946204","url":null,"abstract":"This paper examines the effects of border-adjusted consumption taxes (mainly value added taxes or VATs) in a sample of 34 advanced economies from 1970 through 2015. We find that the real exchange rate tends to rise by the full amount of any consumption tax increase, with little effect on the current account balance and modest offsetting effects on the trade and income balances. Case studies suggest that adjustment comes initially through prices. We note that the border-adjusted cash flow tax of the House Republicans differs in important ways from consumption taxes used in our study, which raises the possibility of a slower adjustment process with temporarily larger trade effects.","PeriodicalId":282044,"journal":{"name":"Political Economy: Fiscal Policies & Behavior of Economic Agents eJournal","volume":"33 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-04-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122302746","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 19
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