Results 1 - 10 of 8,067

Income Tax Evasion: A Theoretical Analysis

by Michael G. Allingham, Agnar Sandmo - Journal of Public Economics , 1972
"... Theoretical analysis of the connection between taxation and risk-taking has mainly been concerned with the effect of taxes on portfolio decisions of consumers, Mossin (1968b) and Stiglitz (1969). However, there are some problems which are not naturally classified under this ..."
Abstract - Cited by 568 (0 self) - Add to MetaCart
Theoretical analysis of the connection between taxation and risk-taking has mainly been concerned with the effect of taxes on portfolio decisions of consumers, Mossin (1968b) and Stiglitz (1969). However, there are some problems which are not naturally classified under this

An Empirical Characterization of the Dynamic Effects of changes in Government Spending and Taxes on Output

by Olivier Blanchard, Roberto Perotti - QUARTERLY JOURNAL OF ECONOMICS , 2002
"... This paper characterizes the dynamic effects of shocks in government spending and taxes on U. S. activity in the postwar period. It does so by using a mixed structural VAR/event study approach. Identification is achieved by using institutional information about the tax and transfer systems to identi ..."
Abstract - Cited by 664 (9 self) - Add to MetaCart
This paper characterizes the dynamic effects of shocks in government spending and taxes on U. S. activity in the postwar period. It does so by using a mixed structural VAR/event study approach. Identification is achieved by using institutional information about the tax and transfer systems

Are investors reluctant to realize their losses

by Terrance Odean - Journal of Finance , 1998
"... I test the disposition effect, the tendency of investors to hold losing investments too long and sell winning investments too soon, by analyzing trading records for 10,000 accounts at a large discount brokerage house. These investors demonstrate a strong preference for realizing winners rather than ..."
Abstract - Cited by 657 (14 self) - Add to MetaCart
attention to tax consequences. To test the disposition effect, I obtained the trading records from 1987 through 1993 for 10,000 accounts at a large discount brokerage house. An analysis of these

National debt in a neoclassical growth model.'

by Peter A Diamond - American Economic Review,
"... This paper contains a model designed to serve two purposes, to examine long-run competitive equilibrium in a growth model and then to explore the effects on this equilibrium of government debt. Samuelson [8] has examined the determination of interest rates in a singlecommodity world without durable ..."
Abstract - Cited by 698 (0 self) - Add to MetaCart
. Modigliani [4] has explored the effects of the existence of government debt in an aggregate growth model. By introducing a government which issues debt and levies taxes to finance interest payments into the model described in the first part, it is possible to re-examine his conclusions in a model where

Do Better Schools Matter? Parental Valuation of Elementary Education

by Sandra E. Black - QUARTERLY JOURNAL OF ECONOMICS , 1999
"... The evaluation of numerous school reforms requires an understanding of the value of better schools. Given the difficulty of calculating the relationship between school quality and student outcomes, I turn to another method and use house prices to infer the value parents place on school quality. I lo ..."
Abstract - Cited by 500 (3 self) - Add to MetaCart
look within school districts at houses located on attendance district boundaries; houses then differ only by the elementary school the child attends. I thereby effectively remove the variation in neighborhoods, taxes, and school spending. I find that parents are willing to pay 2.5 percent more for a 5

Model checking and abstraction

by Peter J. Clarke, Djuradj Babich, Tariq M. King, B. M. Golam Kibria - ACM Transactions on Programming Languages and Systems , 1994
"... software developers are using the Java language as the language of choice on many applications. This is due to the effective use of the object-oriented (OO) paradigm to develop large software projects and the ability of the Java language to support the increasing use of web technologies in business ..."
Abstract - Cited by 742 (55 self) - Add to MetaCart
software developers are using the Java language as the language of choice on many applications. This is due to the effective use of the object-oriented (OO) paradigm to develop large software projects and the ability of the Java language to support the increasing use of web technologies in business

Why Do Americans Work So Much More than Europeans?”, Quarterly Review of the Federal Reserve Bank of Minneapolis,

by Edward C Prescott , W P Carey Chair , 2004
"... Abstract Americans now work 50 percent more than do the Germans, French, and Italians. This was not the case in the early 1970s, when the Western Europeans worked more than Americans. This article examines the role of taxes in accounting for the differences in labor supply across time and across co ..."
Abstract - Cited by 475 (10 self) - Add to MetaCart
countries; in particular, the effective marginal tax rate on labor income. The population of countries considered is the G-7 countries, which are major advanced industrial countries. The surprising fi nding is that this marginal tax rate accounts for the predominance of differences at points in time

Explaining the rate spread on corporate bonds

by Edwin J. Elton, Martin J. Gruber, Deepak Agrawal, Christopher Mann - Journal of Finance , 2001
"... The purpose of this article is to explain the spread between spot rates on corporate and government bonds. We find that the spread can be explained in terms of three elements: (1) compensation for expected default of corporate bonds (2) compensation for state taxes since holders of corporate bonds p ..."
Abstract - Cited by 383 (3 self) - Add to MetaCart
default or taxes to a set of variables which have been shown to effect risk premiums in stock markets Empirical estimates of the size of each of these three components are provided in the paper. We stress the tax effects because it has been ignored in all previous studies of corporate bonds. 1

Revisiting the Excise Tax Effects of the Property Tax

by Athiphat Muthitacharoen, George R. Zodrow
"... The authors analyze the excise tax effects of a general property tax from the perspective of a small open economy facing a perfectly elastic supply of capital. The model differs from most that have appeared in the literature in the following ways: (1) the property tax is applied in a four-sector mod ..."
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The authors analyze the excise tax effects of a general property tax from the perspective of a small open economy facing a perfectly elastic supply of capital. The model differs from most that have appeared in the literature in the following ways: (1) the property tax is applied in a four

Nonlinear tax effects on asset values and investment 327

by Jeffrey K. Mackie-mason - Merton, R.C., 1973a, An intertemporal CAPM, Econometrica
"... Tax system nonlinearities are often ignored but with uncertainty may have important implications for the magnitude and direction of tax effects. This paper studies a particular nonlinear tax rule. The policy subsidizes asset values, but may discourage some investments and encourage earlier shutdown ..."
Abstract - Cited by 15 (0 self) - Add to MetaCart
Tax system nonlinearities are often ignored but with uncertainty may have important implications for the magnitude and direction of tax effects. This paper studies a particular nonlinear tax rule. The policy subsidizes asset values, but may discourage some investments and encourage earlier shutdown
Results 1 - 10 of 8,067