cross-country income differencesDevelopmentinput-output structureNetworksproductivityWe consider a multi-sector general equilibrium model with IO linkages, sector-specific productivities and tax rates. Using to
(2012) and Eaton and Kortum (2002) with multiple factors of production and an input-output structure as in Caliendo and Parro (2014). The model can be used to derive first-order approximations of the response of the skill premium to uniform changes in productivity and trade costs, with and...
This ensures that most influential events in family life (e.g. birth of a child, spousal unemployment) cannot simultaneously explain a change in well-being and switching between labour market states. 5.1. Difference-in-differences design We conduct four separate difference-in-differences approaches ...
The differences in definitions have their roots in an Austrian model of pro- duction (Böhm-Bawerk 1891) and the debate between Pigou (1941) and Hayek (1941) on the maintenance of physical versus financial capital. This paper contributes to the literature by making clear the definitions and ...
And bigger differences between sensible states and class-warfare states will increase interstate tax migration –with predictable political consequences. Share this: Print Email Facebook X More Loading... Read Full Post » Elizabeth Warren’s Plan to Reward a Corrupt IRS Posted in Elizabeth ...
as a transformative factor, influencing the structural interconnections of numerous other sectors. The findings highlight the pivotal role of the agriculture sector in shaping broader economic relationships and emphasize the need for nuanced policy considerations to optimize the overall economic structure. ...
No matter what, the income statement includes just income, expenses, and differences between the two. And income is always listed before expenses in any group; it’s just that some companies do more sub-grouping before they get to their profits – the bottom line....
3–6 in the Supplementary Materials, the identity of countries that experience economic losses and the magnitude of their absolute or relative losses also varies across models. Solar geoengineering and inter-country income inequality From our projections we analyze differences in country-level incomes, ...
Although there is a large literature on employment effects of earned income tax credits (EITCs) and unemployment benefits, less is known about wage effects. In our model, the impact is via the net (after-tax) replacement rate. Using a panel of individual
the productivity of realtors may reflect differences in the quality of the service provided by realtors. Hsieh and Moretti addressed this concern by showing that as the average price of housing in a city increases, there is only a small increase in the amount of time a buyer spends searching...