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on Public Finance |
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Issue of 2011‒07‒27
three papers chosen by |
| By: | Louis Kaplow |
| Abstract: | A notable feature and principal virtue of Tax by Design is its system-wide perspective on different elements of the tax system. This review essay builds on this trait and offers a more explicit foundation for the report’s general approach, drawing on a distribution-neutral methodology that is developed in other work. This technique is then employed to illuminate and extend Tax by Design’s analysis regarding the VAT, environmental taxation, wealth transfer taxation, and income transfers. |
| JEL: | H20 H21 H23 H24 H53 |
| Date: | 2011–07 |
| URL: | http://d.repec.org/n?u=RePEc:nbr:nberwo:17214&r=pub |
| By: | Mutascu, Mihai; Tiwari, Aviral; Estrada, Fernando |
| Abstract: | The present study is, in particular, an attempt to test the relationship between tax level and political stability by using some economic control variables and to see the relationship among government effectiveness, corruption, and GDP. For the purpose, we used the Vector Autoregression (VAR) approach in the panel framework, using a country-level panel data from 59 countries for the period 2002 to 2008. The salient features of this model are: (a) simplicity is based on a limited number of variables(five) are categorical or continuous and not dependent on complex interactions or nonlinear effects. (b) accuracy: a low level of errors, the model achieves a high percentage of accuracy in distinguishing countries with inclination to political instability, compared to countries with political stability, (c) generality: the model allows to distinguish types of political instability, both resulting from acts of violence and failure of democracies to show, and (d) novelty: the model incorporates a tool that helps evaluate and exclude many variables used by the conventional literature. This approach is mainly based on the recognition of state structures and the relations between elites and parties. |
| Keywords: | Taxation, Political Stability, Connection, Effects, Panel VAR analysis |
| JEL: | D70 H20 C23 |
| Date: | 2011–07–16 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:32272&r=pub |
| By: | Sara LaLumia (Williams College) |
| Abstract: | The Earned Income Tax Credit generates large average tax refunds for low-income parents, and these refunds are distributed in a narrow time frame. I rely on this plausibly exogenous source of variation in liquidity to investigate the effect of cash-on-hand on unemployment duration. Among EITC-eligible women, unemployment spells beginning just after tax refund receipt last longer than unemployment spells beginning at other times of year. There is no evidence that tax refund receipt is associated with longer unemployment duration for men, or that the longer durations for women are associated with higher-quality subsequent job matches. |
| Keywords: | Tax evasion, compliance, honesty, dependent exemption |
| JEL: | H26 H24 |
| Date: | 2011–07 |
| URL: | http://d.repec.org/n?u=RePEc:wil:wileco:2011-09&r=pub |