Results 221 to 230 of about 1,242,001 (273)

Idiosyncratic asset return and wage risk of US households

open access: yesEconomic Inquiry, Volume 63, Issue 2, Page 636-657, April 2025.
Abstract This paper documents the degree of idiosyncratic asset return heterogeneity, serial correlation, and correlation with wage heterogeneity for US households. Novel panel‐data measurements for returns on household assets are proposed. Sizable transitory idiosyncratic return heterogeneity is documented to exist concurrently with permanent ...
Stephen Snudden
wiley   +1 more source

Interdependence of government expenditure among European countries: Productivity spillover and strategic interaction

open access: yesEconomic Inquiry, EarlyView.
Abstract We build an endogenous growth model that distinguishes productive and welfare government expenditures and embeds fiscal externalities. The model yields three testable hypotheses: (i) productive expenditure raises growth (Barro effect); (ii) productive expenditure generates cross‐country productivity spillovers; (iii) government expenditure ...
Xiaodong Chen, Haoming Mi, Peng Zhou
wiley   +1 more source

Income taxes and redistribution in the early twentieth century

open access: yesThe Economic History Review, EarlyView.
Abstract This paper examines the distributive effects of personal income taxation in Sweden, the United Kingdom, and the United States during the first half of the twentieth century. We estimate the evolution of marginal and average effective tax rates across the income distribution and calculate the corresponding indices of progressivity and ...
Sara Torregrosa‐Hetland, Oriol Sabaté
wiley   +1 more source

Religious politics and the limits of redistribution: The rise and fall of family allowances in Spain, 1926–58

open access: yesThe Economic History Review, EarlyView.
Abstract After the Second World War, family allowances became a cornerstone of social spending in western Europe. Whilst religion is often highlighted as a driver of this policy, the role of political Catholicism remains contested, particularly in southern Europe.
Guillem Verd‐Llabrés
wiley   +1 more source

Home - About - Disclaimer - Privacy