Haku
Viitteet 1-10 / 13
On the role of public price information in housing markets
(Valtion taloudellinen tutkimuskeskus VATT, 2012-04-23)
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 ...
Voluntary pension savings and tax incentives: Evidence from Finland
(Valtion taloudellinen tutkimuskeskus VATT, 2012-06-25)
This paper studies empirically savers' behavioral responses to the Finnish tax reform of 2005 by using comprehensive panel data. The tax schedule of voluntary pension savings changed from progressive to proportional, ...
Variation in price and substitution elasticities between sectors – A microdata analysis
(Valtion taloudellinen tutkimuskeskus VATT, 2012-07-03)
The purpose of this study is to determine the substitution and price elasticities of different production inputs in numerous sectors in order to reveal how much these elasticities vary between sectors. These elasticities ...
Do homeowners benefit urban neighborhoods? Evidence from housing prices
(Valtion taloudellinen tutkimuskeskus VATT, 2012-09-03)
Homeownership is heavily subsidized in many countries mainly through the tax code. The adverse effects of lenient tax treatment of owner-occupied housing on economic efficiency and growth are large and well documented in ...
Dimensions of health care system quality in Finland
(Valtion taloudellinen tutkimuskeskus VATT, 2012-05-28)
This paper evaluates the determinants of quality - cost relationship in primary health care. We first summarize information from various indicators of care by principal component analysis (PCA), effectively producing quality ...
Evaluating greening farm policies: A structural model for assessing agri-environmental subsidies
(Valtion taloudellinen tutkimuskeskus VATT, 2012-11-04)
One quarter of the agricultural area in the European Union is registered in agrienvironmental programs. Despite the prevalence of such programs and increasing demands for environmental quality in the European Union, ex-post ...
The estimation of LES demand elasticities for CGE models
(Valtion taloudellinen tutkimuskeskus VATT, 2012-09-20)
Computable general equilibrium (CGE) models require external parameters for proper estimations and can be relatively sensitive to the elasticity estimates used in them. We estimate LES demand elasticities and Frisch ...
Non-linear dividend tax and dynamics of the firm
(Valtion taloudellinen tutkimuskeskus VATT, 2012-12-07)
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 ...
Generic substitution policy, prices and market structure: evidence from a quasi-experiment in Finland
(Valtion taloudellinen tutkimuskeskus VATT, 2012-08-24)
The present paper evaluates the quantitative impact of a pharmaceutical reform
on pharmaceutical prices. A generic substitution policy was introduced in
Finland in 2003 to contain rising pharmaceutical expenditure. After ...
Company heterogeneity and mark-up variability
(Valtion taloudellinen tutkimuskeskus VATT, 2012-07-03)
Mark-ups are often assumed to be constant for all firms within a sector in theoretical models. This paper reflects empirically on the distributions of companies mark-ups in order to test this assumption. We use exhaustive, ...