A social welfare model for the evaluation of the spanish income tax system [PDF]
, 1996 In this paper we present a social welfare model for the evaluation of the Spanish income tax system in 1986 and 1988. The redistributive effect, capturing the improvement in vertical inequality, and the revenue effect, capturing the loss in mean ...
Ruiz-Castillo, Javier, Vargas, Carmen
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The value of tax shields is not equal to the present value of tax shields: A correction [PDF]
I correct some expressions in Fernández (2004) and provide a more general expression for the value of tax shields. This expression is the difference between the present values of two different cash flows, each with its own risk: the present value of ...
Fernandez, Pablo
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The Private and Fiscal Returns to Schooling and the Effect of Public Policies on Private Incentives to Invest in Education: A General Framework and Some Results for the EU [PDF]
This paper develops a comprehensive framework for the quantitative analysis of the private and fiscal returns to schooling and of the effect of public policies on private incentives to invest in education. This framework is applied to 14 member states of
Angel De la Fuente, Juan F. Jimeno
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Neutral Taxation of Shareholder Income? Corporate Responses to an Announced Dividend Tax [PDF]
The introduction of the 2006 Norwegian shareholder income tax was announced in advance, and it increased top marginal tax rates on individual dividend income from zero to 28 percent.
Annette Alstadsæter, Erik Fjaerli
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The Impact of Monetary and Tax Policy on Income Inequality in Japan [PDF]
, 2018 This paper assesses the effects of the most recent monetary policy behavior of the Bank of Japan (BOJ) (in particular, zero interest rate policy and negative interest rate policy) and Japanese tax policy on income inequality in this country during the ...
Shimizu, Sayoko +2 more
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On the Robustness of Short Run Gains from Trade Reform [PDF]
The long run gains from reductions in distortionary tariffs are robustly positive in neoclassical economies. In the short run, however, depending on the prevailing exchange rate and tax regimes, a combination of producer price deflation and nominal wage ...
Lucy Rees, Rod Tyers
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The Corporate Cost of Capital in Japan and the U.S.: A Comparison [PDF]
This paper presents evidence about the coats of corporate capital in Japan and the US, for a sample of large companies, and evaluates a variety of hypotheses about why the cost might be lower in Japan.We find that the before-tax return to capital in ...
Alan J. Auerbach, Albert Ando
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Information for Impact: Liberating Nonprofit Sector Data [PDF]
, 2013 This paper explores the costs and benefits of four avenues for achieving open Form 990 data: a mandate for e-filing, an IRS initiative to turn Form 990 data into open data, a third-party platform that would create an open database for Form 990 data, and ...
Beth Simone Noveck, Daniel L. Goroff
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Neutral and Equitable Taxation of Pensions as Capital Income [PDF]
We derive an ex post neutral comprehensive income tax on pension schemes equivalent to a Johansson-Samuelson tax that guarantees non-discriminatory treatment of lifetime-dependent and other investments.
Dirk Kiesewetter, Rainer Niemann
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Ageing, Funded Pensions and the Dutch Economy [PDF]
This paper attempts to paint a coherent picture of the effects of ageing on a small, open, economy with large pension funds in different institutional settings.
Lans Bovenberg, Thijs Knaap
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