Showing papers in "Journal of Public Economics in 2003"

TL;DR: The authors found evidence of a significant relationship between more press freedom and less corruption in a large cross-section of countries and suggested that the direction of causation runs from higher press freedom to lower corruption.

TL;DR: In this article, the authors take a fresh look at the trade-off between centralized and decentralized provision of local public goods and argue that the sharing of the costs of public spending in a centralized system will create a conflict of interest between citizens in different jurisdictions.

TL;DR: In this article, the authors used a household survey to investigate the effects of employer-based financial education on personal saving, and they found that the availability of financial education and various measures of asset accumulation increased saving.

TL;DR: In this paper, the authors analyzed monthly data on US international trade prices between 1997 and 1999 in order to investigate the impact of tax influences on intra-firm trade prices, and they found that there is substantial evidence of tax-motivated transfer pricing in US intra- firm trade prices.

TL;DR: The authors showed that the level of cyclicality varies across spending categories and across OECD countries and that countries with volatile output and dispersed political power are the most likely to run procyclical Þscal policies.

TL;DR: In this article, the authors examine the theoretical prediction of private provisions to public goods and actual fundraising behavior and suggest that an announcement strategy may be optimal because it helps reveal the charity's quality, and show that in equilibrium, a high-quality charity receives contributions that exceed those that would result had the quality of the charity been common knowledge.

TL;DR: In this article, the authors present an economic model of moral motivation, where the self-image as socially responsible is determined by a comparison of one's actual behavior against an endogenous morally ideal behavior.

TL;DR: In this paper, the authors developed a theory of environmental policy formation, taking into consideration the degree of corruptibility and political turbulence, and the predictions that emerge are that the interaction between the two variables is important.

TL;DR: In this article, the authors discuss the circumstances under which voters in local elections will reward fiscal responsibility and suggest that such circumstances evolved in Israel in the mid-1990s, and present empirical evidence that the fiscal performance of mayors substantially affected their reelection probability in the 1998 campaign but not in the 1989 and 1993 campaigns.

TL;DR: In this article, the authors present evidence of income shifting in response to differences in corporate tax rates for a large selection of OECD countries and use a new method to disentangle the income shifting effects from the effects of tax rates on real activity.

TL;DR: This paper test the effect of framing a subsidy as a rebate or a match on charitable giving and find that contributions are significantly higher with matching subsidies than with rebate subsidies, and that donors respond identically to the two mr r subsidies.

TL;DR: In this paper, the effect of environmental regulations and corruption on foreign direct investment in the US has been investigated using state-level panel data from four industrial sectors over the period 1977-1987, showing that environmental policy and corruption both play a significant role in determining the spatial allocation of inbound US FDI.

TL;DR: In this paper, several investment-repatriation strategies are added to the standard model of a multinational in which an affiliate is located in a low-tax country and is limited to two alternatives: repatriating taxable dividends to the parent or investing in its own real operations.

TL;DR: In this article, the authors add endogenous retirement to Laibson's quasi-hyperbolic discounting savings model and find that the consumption pattern may be different from that with exponential discounting.

TL;DR: In this article, the authors analyzed public pensions and child support in a model with endogenous fertility and showed that individual fertility choice may not coincide with the social optimum, due to the existence of external effects of children on society as a whole.

TL;DR: In this paper, the effects of tax policy on venture capital activity were studied. But the authors focused on the equilibrium level of managerial advice, entrepreneurship, and welfare, and did not consider the tax effects of the tax policy.

TL;DR: This article examined a large set of economic, sociopolitical, and institutional variables in a panel of 57 developed and developing countries over the period of 1970-1990 to derive robust conclusions about which variables are important in explaining cross-country differences in public sector deficits.

TL;DR: In this paper, the authors present an analysis of the relationship between the Wirtschaftswissenschaftlichen Fakultat der Universitat Basel (UFBS) and the University of Basel.

TL;DR: In this paper, the authors derive testable implications from a theoretical voting model and test these on a panel of 255 Swedish municipalities, 1981 - 1995, in order to decide which regions that are politically powerful, both election results and survey data from the Swedish election studies are used.

TL;DR: This article found that for every four immigrants who arrive in public high schools, it is estimated that one native student switches to a private school, and white students account for most of this flight.

TL;DR: This article found that married couple households decrease their expenditures on both food consumed at home and away from home by about 9% following the retirement of the male household head, consistent with a model of marital bargaining in which wives prefer to save more than their husbands do to support an expected longer retirement period.

TL;DR: In this paper, the authors compare endogenous choices of tradable and non-tradable emission allowances by non-cooperative countries and find that the cost savings of trading do not necessarily lead to less pollution.

TL;DR: The authors explored the relationship between household marginal income tax rates, the set of financial assets that households own, and the portfolio shares accounted for by each of these assets, and found that the probability that a household owns tax-advantaged assets, such as tax-exempt bonds or assets held in tax-deferred accounts is positively related to its tax rate on ordinary income.

TL;DR: By reducing uncertainty about future medical expenses, comprehensive health insurance can reduce households’ precautionary saving, and this effect is examined using Taiwan micro-data spanning the 1995 introduction of National Health Insurance.

TL;DR: To what extent do fiscal regimes equalize opportunities for income aquisition among citizens as discussed by the authors, in the context of public finance, have been shown to equalize opportunity for income acquisition among citizens.

TL;DR: In this paper, the authors compared eligible and ineligible households' wealth, and found that, on average, about one half of all the households' contributions to their 401(k) accounts represent new private savings, and about one quarter of their contributions represent new national savings.

TL;DR: In this paper, the authors developed a dynamic general equilibrium model that analyzes the reasons and effects of such neglect and showed that reallocating funds from new infrastructure to maintenance can have positive effects on these countries' GDP.

TL;DR: For example, the authors found that high levels of democratic participation are associated with more equal distributions of income, but this reduction in income inequality comes at a cost, which leads to slower economic growth.

TL;DR: This paper developed a simple two-sector endogenous growth model that shows both very young and mature democracies grow faster than countries in mid stages of democratization, producing a "U" effect.

TL;DR: In this paper, the authors adopt the usual assumptions of the collective approach, i.e., individualism and efficiency, to study household labor supply and show that structural elements such as preferences or the outcome of the decision process can be recovered from the observation of the household labor supplies.