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THE IMPACT OF LOCAL FISCAL AND MIGRATION POLICIES ON HUMAN CAPITAL ACCUMULATION AND INEQUALITY IN CHINA

International Economic Review, 2022
We develop and estimate a spatial overlapping generations model with heterogeneous households to study the feasibility of a recently proposed reform of internal migration policies that offers the potential of decreasing inequality within China.
Holger Sieg, Chamna Yoon, Jipeng Zhang
semanticscholar   +1 more source

Is a fiscal union optimal for a monetary union?

Journal of Monetary Economics, 2023
When is a fiscal union appropriate for a monetary union? In a monetary union without fiscal externalities, when local fiscal authorities have an informational advantage over a central fiscal authority in terms of their knowledge of countries’ preferences
Rafael Berriel   +3 more
semanticscholar   +1 more source

The Relevance of Jim Crotty’s Keynes Against Capitalism to Solving Macro economic Problems under Conditions of Class Conflict

The Review of Radical Political Economics, 2023
Was Keynes trying to save capitalism or create “Liberal Socialism”? Jim Crotty’s unique approach to this long-standing question makes his work an outstanding contribution to heterodox macro policy.
Raford Boddy
semanticscholar   +1 more source

How Progressive is the U.S. Tax System?

Social Science Research Network, 2023
The U.S. income tax system is used to collect revenue, and influences the economy. Tax rates have changed many times and have now decreased to a point where many believe the tax system is no longer progressive.
Thomas Coleman, David Weisbach
semanticscholar   +1 more source

The Macroeconomic Impact of Fiscal Policy Shocks: What do the Indian Data Say?

Margin: The Journal of Applied Economic Research, 2022
This article examines the impact of fiscal policy shocks on a set of macroeconomic variables in India, using a seasonally adjusted quarterly dataset for the period 2003–2019.
Riddhima Sobti
semanticscholar   +1 more source

Farm Laws: Regulation-revolution?—Assessing the Need, Intent and Impact of the New Farm Laws from an Economic Perspective

The Indian Economic Journal, 2022
In September 2020, through a voice vote in the Rajya Sabha, the Indian Parliament passed the infamous three farm bills. This triggered a series of protests and resistance that manifested in one of the world’s biggest displays of dissent.
Sanjana Mehta
semanticscholar   +1 more source

Teaching Income Inequality with Data-Driven Visualization

The American Economist, 2022
The distribution of household income is a central concern in economics due to its strong influence on society’s well-being and social cohesion. Yet, non-expert audiences face serious obstacles in understanding conventional measures of inequality.
S. Truong, H. Barreto
semanticscholar   +1 more source

Expectations and financial markets: Lessons from Brexit

The Financial Review, 2020
This paper examines the impact of the public’s expectation of a political event on global financial markets. Using the setting of the UK referendum on EU membership, we show that an increase in the likelihood of Brexit led to lower stock prices and ...
Chengyan Gu, A. Hibbert
semanticscholar   +1 more source

The Consequences of COVID-19 on Livelihoods in Suriname: Evidence from a Telephone Survey

, 2021
A nationally representative telephone survey on the consequences of the coronavirus pandemic in Suriname was conducted during the month of August in 2020.
M. Arteaga   +2 more
semanticscholar   +1 more source

DOES A VALUE‐ADDED TAX INCREASE ECONOMIC EFFICIENCY?

Economic Inquiry, 2019
Theory predicts that a value‐added tax (VAT) is an efficient tax system, which is one of the primary reasons for its rapid adoption worldwide. However, there is little empirical evidence supporting this prediction, especially for developing countries.
Bibek Adhikari
semanticscholar   +1 more source

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