Melissa Dell Benjamin Jones Benjamin Olken.
Hot countries tend to be poorer, but debate continues over whether the temperature-income relationship is simply a happenstance association. This column uses within-country estimates to show that higher temperatures have large, negative effects on economic growth – but only in poor countries. The findings are big news for future global inequality. Read the full article here.
maandag 15 juni 2009
Do you really want to tax ability?
N. Gregory Mankiw , Matthew Weinzierl.
Should the income tax system include a tax credit for short taxpayers and a tax surcharge for tall ones? This column explains how the standard utilitarian framework for tax policy analysis says that individual attributes correlated with wages, such as height, should determine tax liabilities. Taller individuals should pay higher taxes. If this is objectionable, then something is wrong with the standard framework.Read the full article here.
Should the income tax system include a tax credit for short taxpayers and a tax surcharge for tall ones? This column explains how the standard utilitarian framework for tax policy analysis says that individual attributes correlated with wages, such as height, should determine tax liabilities. Taller individuals should pay higher taxes. If this is objectionable, then something is wrong with the standard framework.Read the full article here.
Delay the Minimum-Wage Hike
A recession is the worst time to raise the cost of low-skilled employment. Read the full article here.
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