Cesifo Economic Studies最新文献_第5页

OUP accepted manuscript OUP接受稿件

IF 1.3 4区经济学

Cesifo Economic Studies Pub Date : 2021-01-01 DOI: 10.1093/cesifo/ifab011

引用次数: 0

OUP accepted manuscript OUP接受稿件

IF 1.3 4区经济学

Cesifo Economic Studies Pub Date : 2021-01-01 DOI: 10.1093/cesifo/ifab012

引用次数: 3

OUP accepted manuscript OUP接受稿件

IF 1.3 4区经济学

Cesifo Economic Studies Pub Date : 2021-01-01 DOI: 10.1093/cesifo/ifab014

引用次数: 0

China’s Monetary and Macroprudential Policies: Are They Complementary or Substitutive? 中国货币政策与宏观审慎政策:是互补还是替代?

IF 1.3 4区经济学

Cesifo Economic Studies Pub Date : 2020-12-22 DOI: 10.1093/cesifo/ifaa016

P. Sinclair, Lixin Sun

引用次数: 3

Kindergarten for Free?! Empirical Evidence on the Utilization of Income Tax Deductions for Child Care Expenses 免费幼儿园？！所得税减免用于儿童保育费用的实证研究

IF 1.3 4区经济学

Cesifo Economic Studies Pub Date : 2020-12-12 DOI: 10.1093/cesifo/ifaa015

Lena Calahorrano, Sven Stöwhase

{"title":"Kindergarten for Free?! Empirical Evidence on the Utilization of Income Tax Deductions for Child Care Expenses","authors":"Lena Calahorrano, Sven Stöwhase","doi":"10.1093/cesifo/ifaa015","DOIUrl":"https://doi.org/10.1093/cesifo/ifaa015","url":null,"abstract":"\u0000 In most developed countries there exist ample possibilities for individuals to minimize their personal income tax burden by means of tax deductions. The associated revenue losses for the government have been estimated for a variety of tax deductions. However, relatively little is known about the share of eligible taxpayers who actually use these deductions, and, more specifically, about what determines utilization. The present paper tries to shed some light on this question in the context of the tax deductibility of expenses for child care in Germany. Using survey data on actual child care expenses and official tax-return data on deductions for child-care expenses, we derive utilization rates. We also analyze the determinants of utilization among those who filed a tax-return, using a subsample of the tax-return data. Our estimation results show that (potential) tax breaks from utilization are significantly positively correlated with the probability of utilization. Other kinds of deductions are also highly significant, suggesting that knowledge of tax statutes as well as opportunity costs matter. Moreover, we simulate the effects of a policy reform that enhances the generosity of deductions on the utilization rate. Such a reform would substantially increase utilization. Our results indicate that responses in utilization are more important than potential responses in labor supply. (JEL codes: D14, H24, H43).","PeriodicalId":51748,"journal":{"name":"Cesifo Economic Studies","volume":" ","pages":""},"PeriodicalIF":1.3,"publicationDate":"2020-12-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1093/cesifo/ifaa015","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49644378","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Gender Equality and Public Policy during COVID-19. 2019冠状病毒病期间的性别平等和公共政策。

IF 1.3 4区经济学

Cesifo Economic Studies Pub Date : 2020-12-06 eCollection Date: 2020-12-01 DOI: 10.1093/cesifo/ifaa018

Paola Profeta

{"title":"Gender Equality and Public Policy during COVID-19.","authors":"Paola Profeta","doi":"10.1093/cesifo/ifaa018","DOIUrl":"10.1093/cesifo/ifaa018","url":null,"abstract":"The outbreak of COVID-19 has affected men and women worldwide. The gender dimension of COVID-19 has attracted the attention of researchers and policymakers: while women seem to be less severely hit by the virus and are more compliant with the restricting rules imposed to reduce the spread of the contagion, they risk to suffer more the economic consequences of the pandemic, because they are more vulnerable on the labor market and because they are carrying on most of the burden of housework and childcare which increased substantially during the lockdown. Public policies are required to address the emergency and to deal with its gender implications. Anecdotal evidence suggests that women leaders have performed better than men in dealing with the emergency. This paper explores the evidence on the gender dimension of the pandemic under a new perspective proposed by Profeta (2020), focused on the double relationship between gender equality and public policy: on one side, I show which policies can support gender equality in times of COVID-19 and, on the other side, I explore whether women leadership can promote successful measures. While the evidence provided is only suggestive, future studies should assess causal relationships. (JEL codes: J16 and J18).","PeriodicalId":51748,"journal":{"name":"Cesifo Economic Studies","volume":"66 4","pages":"365-375"},"PeriodicalIF":1.3,"publicationDate":"2020-12-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1093/cesifo/ifaa018","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"39121985","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 34

The Central Bank Governor and Interest Rate Setting by Committee 中央银行行长和利率制定委员会

IF 1.3 4区经济学

Cesifo Economic Studies Pub Date : 2020-12-06 DOI: 10.1093/cesifo/ifaa013

Emile van Ommeren, Giulia Piccillo

引用次数: 3

COVID-19: guaranteed Loans and Zombie Firms. COVID-19：担保贷款与僵尸企业。

IF 1.3 4区经济学

Cesifo Economic Studies Pub Date : 2020-12-06 eCollection Date: 2020-12-01 DOI: 10.1093/cesifo/ifaa014

Benedikt Zoller-Rydzek, Florian Keller

{"title":"COVID-19: guaranteed Loans and Zombie Firms.","authors":"Benedikt Zoller-Rydzek, Florian Keller","doi":"10.1093/cesifo/ifaa014","DOIUrl":"10.1093/cesifo/ifaa014","url":null,"abstract":"Based on a survey (7-13 April 2020) we evaluate the reaction of Swiss firms towards the COVID-19 crisis. Firms show little pro-active reactions towards the crisis, but decrease their business activities. The firms in the survey report that the decline in foreign demand is the single most important reason for their deteriorating business situation. Firms that faced a more difficult business situation before the crisis are affected more severely during the crisis. Moreover, we investigate the impact of the Swiss federal loan program (Bundeshilfe) on the business activities. To this end, we develop a stylized theoretical model of financially constrained heterogeneous firms. We find that policy makers face a trade-off between immediate higher unemployment rates and long-term higher public spending. The former arises from a combination of a too strong economic impact of the COVID-19 lockdown (demand drop) and too low levels of loans provided. Nevertheless, providing (too) high levels of loans to firms creates zombie firms that are going to default in the future leading to an increase in public spending. (JEL codes: D22, D25, D84, and G33).","PeriodicalId":51748,"journal":{"name":"Cesifo Economic Studies","volume":"66 4","pages":"322-364"},"PeriodicalIF":1.3,"publicationDate":"2020-12-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7799295/pdf/ifaa014.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"39121984","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

COVID: Not a Great Equalizer COVID:不是一个伟大的均衡器

IF 1.3 4区经济学

Cesifo Economic Studies Pub Date : 2020-11-27 DOI: 10.1093/cesifo/ifaa019

V. Galasso

{"title":"COVID: Not a Great Equalizer","authors":"V. Galasso","doi":"10.1093/cesifo/ifaa019","DOIUrl":"https://doi.org/10.1093/cesifo/ifaa019","url":null,"abstract":"Abstract Coronavirus has been portrayed as the ‘great equalizer’. None seems immune to the virus and to the economic consequences of the lockdown measures imposed to contain its diffusion. We exploit novel data from two real-time surveys to study the early impact on the labor market of the lockdown in Italy—one of the two countries, with China, hit hard and early. We find that low-educated workers, blue collars, and low-income service workers were more likely to have stopped working both 3-week and 6-week after the lockdown. Low-educated workers were less likely to work from home. Blue collars worked more from their regular workplace, but not from home. Low-income service workers were instead less likely to work from the regular workplace. For both blue collars and low-income service workers, the monthly labor income dropped already in March. Some positive adjustments took place between the 3rd and the 6th week from the lockdown: the share of idle workers dropped, as the proportion of individuals working at home and from their regular workplace increased. However, these adjustments benefited mostly highly educated workers and white collars. Overall, low-income individuals faced worse labor market outcomes and suffered higher psychological costs. (JEL codes: J21, I24, and H12)","PeriodicalId":51748,"journal":{"name":"Cesifo Economic Studies","volume":" ","pages":""},"PeriodicalIF":1.3,"publicationDate":"2020-11-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1093/cesifo/ifaa019","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44093332","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 50

Tax Reform, Trade Openness and Export Product Diversification in Developing Countries 发展中国家税制改革、贸易开放与出口产品多样化

IF 1.3 4区经济学

Cesifo Economic Studies Pub Date : 2020-11-27 DOI: 10.1093/cesifo/ifaa011

S. Gnangnon

引用次数: 5