Capital Levies : A Step Towards Improving Public Finances in EuropeBy: Stefan Bach in: DIW Economic Bulletin 8/2012.Ever since the financial and economic crisis of 2008/2009, public debt in almost all OECD countries has increased significantly. The European debt crisis has further intensified over the past few weeks. Private households with high levels of wealth and income could be enlisted to help ...
Abstract: Ever since the financial and economic crisis of 2008/2009, public debt in almost all OECD countries has increased significantly. The European debt crisis has further intensified over the past few weeks. Private households with high levels of wealth and income could be enlisted to help with refinancing and reducing this public debt through forced loans and one-off capital levies, without a ...
On the 5th RGS Doctoral Conference in Economics of the Ruhr Graduate School in Economics Martin Simmler from DIW Berlin received the “Best Paper Award” for his work on “How Do Taxes Affect Investment When Firms Face Financial Constraints?” In this study, the author analyzes the effects of corporate income taxation on firms' investment in case of binding and non-binding financial ...
Reform of Income Splitting for Married Couples: Only Individual Taxation Significantly Increases Working Incentivesby Stefan Bach, Johannes Geyer, Peter Haan, Katharina Wrohlich in: DIW Economic Bulletin 5/2011.The joint taxation of married couples in Germany with full income splitting is still a major hindrance to the participation of married women in the labor market. In their current financial proposals, ...