Showing papers in "Journal of Public Economics in 1989"

TL;DR: This article developed a model in which new and infinitely-linked dynasties, which are, by definition, not linked to pre-existing families through operative intergenerational transfers, continuously enter the economy over time.

TL;DR: In this paper, the authors estimate the size of Britain's black economy by using income and expenditure data drawn from the 1982 Family Expenditure Survey, assuming that all income groups report expenditure on food correctly; employees in employment report income correctly; and that the self-employed under-report their income.

TL;DR: In this article, the determinants of the length of individual spells of welfare, focusing on how a spell affects the probability of its termination, were investigated. But the analysis was limited to the duration of a spell and did not show strong evidence of duration dependence.

TL;DR: In this article, the authors describe the general restrictions on cost functions and social welfare functions required for IB scales and for their use in welfare analysis, and present the general restriction on cost function and welfare function.

TL;DR: This article found no significant evidence that public donations crowded out private donations in a sample of 300 charities in the U.K. and found that non-profits in the UK are net revenue maximisers.

TL;DR: This paper developed a multi-period Markov model of the lifetime choice of occupational fatality risks and analyzed the wage effects of job risks using the 1982 University of Michigan Panel Study of Income Dynamics in conjunction with death statistics from the U.S. National Traumatic Occupational Fatality Survey.

TL;DR: In this article, an inter-sectorsal model of income tax evasion with general equilibrium effects is developed, which allows for biased public expenditures, a wide range of behavioural responses, and both legitimate and criminal activities evading tax as well as tax avoidance activities.

TL;DR: In this article, the effects of allowing the number of firms to vary in Seade's model of oligopoly and taxation were examined and the normative and positive consequences of a specific commodity tax were affected by entry in significant ways.

TL;DR: This paper extended previous models of non-cooperative private funding of pure public goods by allowing both for distortionary taxation of private goods and for subsidies based on contributions to the public goods.

TL;DR: This paper presented a computable general equilibrium tax policy model that combines a consideration of disaggregate industry effects with an integrated treatment of short-and long-run adjustments to policy initiatives.

TL;DR: When there is tax evasion, increased randomness about how much taxable income an auditor would assess generally leads to higher reported income and more revenue as mentioned in this paper, and even if reducing randomness is costless, taxpayers may prefer some randomness when the increased revenue can be rebated, so that the government's revenue stays fixed.

TL;DR: In this paper, the authors considered the very special case of a risk-averse monopolist producer and showed that evasion in such a market is associated with production inefficiency, and also suggested that Laffer-type curves could arise due to evasion.

TL;DR: In this paper, the authors derived optimal tax rules for a general equilibrium model with imperfect competition, and constructed functions that describe the effects of taxation upon the equilibrium prices and profit levels of imperfectly competitive industries.

TL;DR: This paper examined the efficiency and redistributive properties of local income taxation relative to local head taxes and found that local governments can use income taxation without substantially misallocating resources and that some redistribution results from the use of Local income taxes.

TL;DR: In this article, the authors analyze a model similar to the standard implicit contracting framework, but assume that the size of the firm (the number of workers under contract) is endogenous.

TL;DR: In this paper, the welfare implications of symmetrical improvements in information and accompanying screening mechanisms which allow for improved matching of individuals to their respective risk classes are investigated, and it is demonstrated that the structural form of the heterogeneity of technologies and the type of insurance contracts available in the market determine in an interactive way the value of information which improves the matching of individual to risk class.

TL;DR: In this paper, the authors investigate the balance between the costs and benefits of decentralization that must be struck by a federal state's designers and conclude that the more decentralized a nation's public sector, the more likely that some of the externalities generated by the provision of public goods and services will be ignored.

TL;DR: In this paper, an analysis of inequality using utility-based measures of welfare derived from different approaches to modelling household labour supplies is presented, which indicate the sensitivity of welfare orderings and inequality measures to the choice of decision model and to the specification of lump-sum transfers between family members.

TL;DR: In this article, the transition from payroll to consumption receipts is simulated in a life cycle growth model featuring adult human capital, and the implications for intergenerational incidence are similar to that found in other examinations of the transition to a consumption base.

TL;DR: In this article, a regulatory two-part monopoly pricing mechanism with desirable properties is proposed, assuming that firm managers are informed about cost and demand functions, no detailed prior information of the regulator about the regulated firm and its environment is required.

TL;DR: This paper developed an overlapping generations general equilibrium model that treats explicitly the role of capital goods in the production process, and used the model to measure the relative magnitudes of different distortions associated with capital income taxation (across industries, assets and time).

TL;DR: In this article, the class of two-bracket, piecewise linear tax schedules is considered and sufficient conditions for the optimum income tax schedule to have positive marginal rates and to be strictly convex are provided.

TL;DR: In this article, a general equilibrium q model where financial structure affects firm value is analyzed and the endogenous adjustment of financial structure alters the relation between the interest rate and investment, and both q and investment could jump in opposite directions to that of their steady state values.

TL;DR: In this article, both regressively and progressively weighted utilitarian social welfare functions are considered in the context of an optimal income tax model and optimal program design can entail individuals foregoing productive employment opportunities for progressive social welfare function.

TL;DR: It is shown how the institution of publicly provided disaster insurance yields a welfare improvement since public insurance encourages insured individuals to reduce the amount of private insurance that they buy and hence diminishes the moral hazard problem.

TL;DR: The authors characterizes information and politically constrained government programs for eliminating price supports and examines the issues which arise when reducing the size of oversubscribed industries in light of information and political constraints that exist.

TL;DR: In this article, the authors apply the model of political interest groups to state mandates on public expenditures and revenues of local governments and find that interest groups' payoffs to lobbying at the state level generally will exceed those at the local level.

TL;DR: In this paper, a dynamic model of the political process is presented under conditions of uncertainty, where several interest groups vie for political influence, exerted in the form of taxes and subsidies.