Wednesday, October 06, 2010

Today's Links

1. Karl Whelan on the Irish corporation tax

2. Ferdinand offers a fairly paternalistic approach to integrating new students into university.

3. Bargain and Keane (IZA 2010) -  

Tax-Benefit Revealed Redistributive Preferences Over Time: Ireland 1987-2005
by Olivier Bargain, Claire Keane
(September 2010)

By inverting Saez (2002)'s model of optimal income taxation, we characterize the redistributive preferences of the Irish government between 1987 and 2005. The (marginal) social welfare function revealed by this approach is consistently comparable over time and show great stability despite profound changes in market incomes and important fiscal reforms over the period. Results are robust to numerous checks regarding data, income concepts and elasticities. A comparison with the UK shows marked differences reflecting the narrow political spectrum in Ireland compared to radical changes in British politics over the past 30 years. Some "anomalies" in the revealed social welfare function suggests introducing transfers to the working poor.

4. NBER Paper - Salience Theory of Choice Under Risk Pedro Bordalo, Nicola Gennaioli, and Andrei Shleifer #16387

5. NBER Paper - The Effects of College Counseling on High-Achieving, Low-Income Students
Christopher Avery #16359

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