Search Results

(refine search)

SORT BY: PREVIOUS / NEXT

All:
Title:
Author:
Abstract:
Keywords:

+ Add Search Parameter

Working Paper
Growth effects of progressive taxes
Sarte, Pierre-Daniel G.; Li, Wenli (2003)
The authors study the effects of progressive taxes in conventional endogenous growth models augmented to include heterogeneous households. In contrast to representative agent models with flat-rate taxes, this framework allows us to distinguish between marginal tax rates and the empirical proxies that are typically used for these rates such as the share of tax revenue, or government expenditures, in GDP. The analysis then illustrates how the endogenous nature of these proxy variables causes them to be weakly correlated, or even increase, with economic growth. This study, therefore, helps ...
Working Papers , Paper 03-15

Journal Article
Anti-poverty design: the cash-out option
Wirtz, Ronald A. (2003-06)
The poverty debate largely ignores the success of the Earned Income Tax Credit and, by extension, the insights it might hold for future policy design
The Region , Volume 17 , Issue Jun , Pages 18-21, 54-57

Working Paper
Estate taxation, entrepreneurship, and wealth
De Nardi, Mariacristina; Cagetti, Marco (2007)
We study the effects of abolishing estate taxation in a quantitative and realistic framework that includes the key features that policy makers are worried about: business investment, borrowing constraints, estate transmission, and wealth inequality. We use our model to estimate effective estate taxation. We consider various tax instruments to reestablish fiscal balance when abolishing estate taxation. We find that abolishing estate taxation would not generate large increases in inequality, and would, in some cases, generate increases in aggregate output and capital accumulation. If, however, ...
Working Paper Series , Paper WP-07-08

Working Paper
Chaos, taxes, stabilization, and turnover
Shaffer, Sherrill (1994)
Working Papers , Paper 94-18

Conference Paper
Tax policy and corporate borrowing
Auerbach, Alan J. (1989)
Conference Series ; [Proceedings] , Volume 33 , Pages 136-172

Journal Article
Deficit-financed tax cuts and interest rates
Leduc, Sylvain (2004-04)
Why do proposals to lower taxes often meet with opposition in Congress. One argument is that lowering taxes without an equivalent fall in government spending may lead to future budget deficits, which will translate into higher long-term interest rates and a lower level of income. Sylvain Leduc discusses the theoretical arguments under which budget deficits lead to higher interest rates. He also surveys empirical studies that used data on expected budget deficits to document the possibility that increases in future budget deficits are associated with higher real long-term interest rates.
Business Review , Issue Q2 , Pages 30-37

Report
On the Nature of Entrepreneurship
Bhandari, Anmol; Kass, Tobey; May, Thomas J.; McGrattan, Ellen R.; Schulz, Evan (2025-07-08)
This paper provides insights into the nature of entrepreneurship using a novel panel dataset based on U.S. administrative data from the Internal Revenue Service and the Social Security Administration. These data are used to analyze patterns of income growth and determinants of entrepreneurial choice for a large population of business owners. Earlier studies relying on household survey data have been limited by small samples, short panels, and income top-coding and, as a result, have focused on the typical self-employed individual rather than the typical dollar earned in self-employment. ...
Staff Report , Paper 670

Working Paper
The Effects of Collecting Income Taxes on Social Security Benefits
Jones, John Bailey; Li, Yue (2017-01-12)
Since 1983, Social Security benefits have been subject to income taxation, a provision that can significantly increase the marginal income tax rate for older individuals. To assess the impact of this tax, we construct and calibrate a detailed life-cycle model of labor supply, saving, and Social Security claiming. We find that in a long-run stationary environment, replacing the taxation of Social Security benefits with a revenue-equivalent increase in the payroll tax would significantly increase labor supply, consumption and welfare. From an ex-ante perspective an even more desirable reform ...
Working Paper , Paper 17-2

Working Paper
Taxation with representation: intergovernmental grants in a plebiscite democracy
Lutz, Byron F. (2006)
Economic theory predicts that unconditional intergovernmental grant income and private income are perfectly fungible. Despite this prediction, the literature on fiscal federalism documents that grant and private income are empirically non-equivalent. A large scale school finance reform in New Hampshire--the typical school district experienced a 200 percent increase in grant income--provides an unusually compelling test of the equivalence prediction. Most theoretical explanations for non-equivalence focus on mechanisms which produce public good provision levels which differ from the decisive ...
Finance and Economics Discussion Series , Paper 2006-06

Newsletter
The debate on Internet sales taxation
McGranahan, Leslie (2000-06)
Chicago Fed Letter , Issue Jun

show more (3)

show more (29)

PREVIOUS / NEXT

Fed in Print

Search Results

FILTER BY year

FILTER BY Bank

FILTER BY Series

FILTER BY Content Type

FILTER BY Author

FILTER BY Jel Classification

FILTER BY Keywords