The desirability of inheritance and gift taxes depends on individuals’ tax responsiveness. This paper demonstrates how strongly, in what way, the German influences taxpayer behavior. To that end, it combines administrative data with cross-bracket variation: a convex kink liability precedes concave kink. Extending bunching approach to such double-kinked schedules, I document individuals tailor t...

Liberia has two tax agreements in force, as reported its response to the Peer Review questionnaire, including multilateral Supplementary Act A/SA, 5/12/18 adopting community rules for elimination of double taxation with respect taxes on income, capital and inheritance prevention evasion avoidance within ECOWAS Member States (the Act) concluded fourteen treaty partners. One those agreements, Act...

This chapter offers an overview of the empirical and theoretical research on the long-run evolution of wealth and inheritance. Wealth–income ratios, inherited wealth, and wealth inequalities were high in the eighteenth to nineteenth centuries up until World War I, then sharply dropped during the twentieth century following World War shocks, and have been rising again in the late twentieth and e...

Monetary inequality is one of the most pressing socio-economic problems for Russia. Taxes have so far failed to reduce inequality. Not only income taxation citizens, but also property has potential smooth it out.
 In Russia, share taxes individuals in tax revenues budget significantly lower than many developed countries. It shown that a serious both increasing security regions and municipa...

We calibrate a sequence of four nested models to study the dynamics of wealth accumulation. Individuals maximize a utility function whose arguments are consumption and investment. They desire to accumulate wealth for its own sake – this is not a life-cycle model. A competitive firm produces a single good from labor and capital; the rate of return to capital and the wage rate are market-clearing...

This paper makes two contributions to the literature on the effects of wealth on health. First, it deals with reverse causality and omitted variable bias by exploiting exogenous variation in inherited wealth generated by the repeal of the Swedish inheritance tax. Second, it analyzes responses in health outcomes through the use of administrative registers. The results show that increased wealth ...

underground economy affects important indexes such as formal gdp, unemployment, consumption, production and etc. therefore it is necessary to identify elements and factors which affect underground economy to restrict it. surveys and studies indicate the size of iran’s underground economy is high and taxes, quantity and quality of regulations and performance of formal economy are the important f...