Blog
Christopher Axelson, Jukka Pirttilä, Antonia Hohmann, Roxanne Raabe, Nadine Riedel
South Africa faces a dual challenge of limited fiscal space—the need to raise sufficient revenues to finance public services—and high levels of inequality. One possible solution is to raise tax rates on the rich. If...
August 2024
Public revenue
SA-TIED
Abstract Despite widespread and growing adoption of industrial policy across the world, sound empirical evidence is still limited and typically skewed towards high-income settings. I propose to fill this gap by examining the automotive industry...
MAY 2024
Abstract We incorporate a model of frictions into the bunching-based elasticity estimator to rationalize diffuse bunching around kinks and mass above notches in empirical distributions. Model agents draw a sparse set of opportunities from a...