scispace - formally typeset
Search or ask a question
Institution

London School of Economics and Political Science

EducationLondon, United Kingdom
About: London School of Economics and Political Science is a education organization based out in London, United Kingdom. It is known for research contribution in the topics: Population & Politics. The organization has 8759 authors who have published 35017 publications receiving 1436302 citations.


Papers
More filters
Journal ArticleDOI
TL;DR: The limits to taxation are rarely tied to the administrative capacity of the state as mentioned in this paper, but incentive constraints alone cannot explain the vast differences in the levels of taxation that we see across the world and across time.
Abstract: The power to tax is taken for granted in a great deal of mainstream public finance. In considering limits to taxation, traditional research in the field focuses on limits imposed by incentive constraints, which are tied to asymmetric information or to politics and political institutions. The limits to taxation are rarely tied to the administrative capacity of the state. But incentive constraints alone cannot explain the vast differences in the levels of taxation that we see across the world and across time. Low-income countries typically collect taxes of between 10 to 20 percent of GDP, while the average for high-income countries is more like 40 percent. In essence, our view on these patterns is similar to that taken by Joseph Schumpeter (1918) almost a century ago, when he noted: “The fiscal history of a people is above all an essential part of its general history. An enormous influence on the fate of nations emanates from the economic bleeding which the needs of the state necessitates, and from the use to which the results are put.” In order to understand taxation, economic development, and the relationships between them, we need to think about the forces that drive the development process. Poor countries

409 citations

Journal ArticleDOI
TL;DR: An unexpected positive relationship between online opportunities and risks was found, with implications for policy interventions aimed at reducing the risks of internet use.
Abstract: Many hopes exist regarding the opportunities that the internet can offer to young people as well as fears about the risks it may bring. Informed by research on media literacy, this article examines the role of selected measures of internet literacy in relation to teenagers’ online experiences. Data from a national survey of teenagers in the UK (N = 789) are analyzed to examine: first, the demographic factors that influence skills in using the internet; and, second (the main focus of the study), to ask whether these skills make a difference to online opportunities and online risks. Consistent with research on the digital divide, path analysis showed the direct influence of age and socioeconomic status on young people’s access, the direct influence of age and access on their use of online opportunities, and the direct influence of gender on online risks. The importance of online skills was evident insofar as online access, use and skills were found to mediate relations between demographic variables and youn...

408 citations

Posted Content
TL;DR: In this article, an entrepreneur who needs to raise funds from an investor, but cannot commit not to withdraw his human capital from the project, is considered, and the possibility of a default or quit puts an upper bound on the total future indebtedness from the entrepreneur to the investor at any date.
Abstract: Consider an entrepreneur who needs to raise funds from an investor, but cannot commit not to withdraw his human capital from the project. The possibility of a default or quit puts an upper bound on the total future indebtedness from the entrepreneur to the investor at any date. We characterize the optimal repayment path and show how it is affected both by the maturity structure of the project return stream and by the durability and specificity of project assets. Our results are consistent with the conventional wisdom about what determines the maturity structure of (long-term) debt contracts.

408 citations

Journal ArticleDOI
TL;DR: The authors decompose signed volume on each exchange into a common and an idiosyncratic component, and show that the common component explains 80% of bitcoin returns and the idiosyncratic components help explain arbitrage spreads between exchanges.

408 citations

Journal ArticleDOI
TL;DR: It is proposed that volunteering might contribute to happiness levels by increasing empathic emotions, shifting aspirations and by moving the salient reference group in subjective evaluations of relative positions from the relatively better-off to the relatively worse-off.

407 citations


Authors

Showing all 9081 results

NameH-indexPapersCitations
Ichiro Kawachi149121690282
Amartya Sen149689141907
Peter Hall132164085019
Philippe Aghion12250773438
Robert West112106153904
Keith Beven11051461705
Andrew Pickles10943655981
Zvi Griliches10926071954
Martin Knapp106106748518
Stephen J. Wood10570039797
Jianqing Fan10448858039
Timothy Besley10336845988
Richard B. Freeman10086046932
Sonia Livingstone9951032667
John Van Reenen9844040128
Network Information
Related Institutions (5)
Tilburg University
22.3K papers, 791.3K citations

89% related

World Bank
21.5K papers, 1.1M citations

89% related

National Bureau of Economic Research
34.1K papers, 2.8M citations

86% related

Economic Policy Institute
14.2K papers, 765.8K citations

85% related

University of Essex
24.4K papers, 752.8K citations

85% related

Performance
Metrics
No. of papers from the Institution in previous years
YearPapers
2023135
2022457
20212,030
20201,835
20191,636
20181,561