Selaus nimekkeen mukaan kokoelmassa VATT Working Papers
Viitteet 86-105 / 164
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More haircut after VAT cut? On the efficiency of service sector consumption taxes
VATT Working Papers : 49 (Valtion taloudellinen tutkimuskeskus VATT, 26.09.2013)Consumption tax rates targeted at specific sectors are often reformed without empirical knowledge about the efficiency of these policies. This paper sheds light on the efficiency issue, the potential for welfare improving ... -
Mortality Inequality in Finland
VATT Working Papers : 140 (Valtion taloudellinen tutkimuskeskus, 26.02.2021)We study inequality in mortality in Finland using registry data that covers the whole population for years 1990-2018. We create municipality-level indexes of regional deprivation (poverty rate), and show how age-specifc ... -
Multinational firms and job tasks
VATT Working Papers : 8 (Valtion taloudellinen tutkimuskeskus VATT, 22.07.2009)We analyze the impact of multinational and foreign ownership on the demand for job tasks and educational skills. By using Swedish matched employer-employee data, we find that both foreign and domestic multinational firms ... -
Multinationals, Competition and Productivity Spillovers through Worker Mobility
VATT Working Papers : 54 (Valtion taloudellinen tutkimuskeskus VATT, 13.01.2014)Spillovers can arise when multinational firms (MNEs) train local employees who later join domestic firms, bringing with them part of the technological, marketing and managerial knowledge they have acquired. Fosfuri et al. ... -
Non-linear dividend tax and dynamics of the firm
VATT Working Papers : 41 (Valtion taloudellinen tutkimuskeskus VATT, 07.12.2012)This paper analyses the implications of a non-linear dividend tax in a life-cycle model of the firm. In the model new firms first enter markets, then grow, financing from retained earnings and finally distribute their ... -
A Note on the Effects of Income-Splitting under Dual Income Tax
VATT Working Papers : 81 (Valtion taloudellinen tutkimuskeskus VATT, 14.10.2016)This paper reconsiders the income-splitting rules of the Nordic dual income tax system, introduced to address the incentives to shift income between labor and capital income tax bases. These rules impute a return on equity, ... -
A Note on the Robustness of Card and Krueger (1994) and Neumark and Wascher (2000)
VATT Working Papers : 25 (Valtion taloudellinen tutkimuskeskus VATT, 14.06.2011)This note adds to the discussion originating from David Card and Alan B. Krueger (1994; CK) and David Neumark and William Wascher (2000; NW). It re-evaluates their results by using the semiparametric difference-in-differences ... -
On the reliability of retrospective unemployment information in European household panel data
VATT Working Papers : 21 (Valtion taloudellinen tutkimuskeskus VATT, 31.01.2011)The retrospectively recalled calendar of activities in the European Community Household Panel is a prime resource for cross country analysis of unemployment experience. We investigate the reliability of these data and find ... -
On the role of public price information in housing markets
VATT Working Papers : 30 (Valtion taloudellinen tutkimuskeskus VATT, 23.04.2012)This paper studies the impact of increased price information on the functioning of the housing market. We first study the implications of new information for market outcomes in a theoretical framework so as to disentangle ... -
Once or Twice a Month? The Impact of Payment Frequency on Spending Behavior
VATT Working Papers : 147 (Valtion taloudellinen tutkimuskeskus, 23.09.2022)We study how the frequency of income payments affects consumption and spending behavior using plausibly exogenous variation across Finnish pension benefit recipients with different surname initials. We find that twice-a-month ... -
One or Two Tiers of Local Government? – The Cost Effects of a Regional Experiment
VATT Working Papers : 65 (Valtion taloudellinen tutkimuskeskus VATT, 24.09.2015)This paper evaluates the cost effects of a Finnish regional self-government experiment. The experiment introduced a new intermediate tier of local administration that was given the responsibility to organize 60 per cent ... -
Open or Closed? How List Type Affects Electoral Performance, Candidate Selection, and Campaign Effort
VATT Working Papers : 120 (Valtion taloudellinen tutkimuskeskus, 12.07.2019)What effect does using open (as opposed to closed) lists in proportional representation elections have on party performance and the quality of candidate selection? We provide novel evidence by studying local elections in ... -
Optimal Patent Policy for Pharmaceutical Industry
VATT Working Papers : 131 (Valtion taloudellinen tutkimuskeskus, 20.05.2020)We show how characterizing optimal patent policy for the pharmaceutical industry only requires information about generic producers’ responses to changes in the effective duration and scope of new drug patents. To estimate ... -
The optimal tax treatment of housing capital in the neoclassical growth model
VATT Working Papers : 3 (Valtion taloudellinen tutkimuskeskus VATT, 30.03.2009)In a dynamic setting, housing capital is both an asset and a consumption good. But should it be taxed like other forms of consumption or like other forms of capital? We analyze this question by considering the taxation of ... -
Paying Moms to Stay Home: Short and Long Run Effects on Parents and Children
VATT Working Papers : 151 (Valtion taloudellinen tutkimuskeskus, 29.11.2022)We study the impacts of a policy designed to reward mothers who stay at home rather than join the labor force when their children are under age three. We use regional and over time variation in child home care allowance ... -
Physician Prices and Competition: Evidence from Acquisitions in the Private Health Care Sector
VATT Working Papers : 130 (Valtion taloudellinen tutkimuskeskus, 30.04.2020)We consider the effects of mergers and acquisitions for private physicians, who compete for patients on price. To estimate the effects, we use nationwide administrative data on private physicians and the organization of ... -
Political Representation and Effects of Municipal Mergers
VATT Working Papers : 98 (Valtion taloudellinen tutkimuskeskus, 18.10.2017)We study the effects of municipal mergers using novel geocoded data on public sector jobs, housing transactions and local politicians’ place of residence. We find that total municipal expenditures evolve in the same way ... -
Primary Effect in Open-List Elections
VATT Working Papers : 79 (Valtion taloudellinen tutkimuskeskus VATT, 07.09.2016)We study how political parties select political leaders. Using regression discontinuity design and data from Finnish local elections, we find that parties use vote ranks to decide upon promotions. Moreover, we show that ... -
Profit shifting of multinational enterprises: evidence from the Nordics
VATT Working Papers : 155 (Valtion taloudellinen tutkimuskeskus, 16.05.2023)This paper studies how Nordic multinational enterprises (MNEs) react to tax incentives generated by international corporate income tax rate differences and shift profit to low tax countries. A firm level panel data set ... -
Public Employees as Politicians: Evidence from Close Elections
VATT Working Papers : 78 (Valtion taloudellinen tutkimuskeskus VATT, 27.09.2016)We analyze the effect of municipal employees' political representation in municipal councils on local public spending. To quantify the effect, we use within-party, as-good-as random variation in close elections in the ...
