Is consumption-Laffer curve hump-shaped? The VAT evasion channel

Is there an Aid Laffer Curve ?

Comparing aid flows in the 1990s with those from the 1970s make it clear that there are now many more countries receiving what may be termed "high aid" (say in excess of 30 per cent of GNP) and that there has emerged a group of countries receiving very high aid. Whilst never formally considered in the literature, there is a feeling that such high aid may do more harm than good, a notion which m...

Is life satisfaction hump-shaped with alcohol consumption? Evidence from Russian panel data.

There has been a growing interest in the study of the shape of the relationship between alcohol consumption and psychological well-being in recent years. Overall, evidence is however still mixed and debated, the type of measures and methods of analysis having been emphasized as key elements in these studies. This paper contributes to this debate by providing new evidence relying on a large-scal...

The Laffer curve for high incomes

An expression for the La er curve for high incomes is derived, assuming a constant Pareto parameter and elasticity of taxable income. The peak of this La er curve is given by the well-known Saez (2001) expression. Microsimulations using Swedish population data show that the simulated curve matches the theoretically derived La er curve well, suggesting that the analytical expression is not too m...

Is the J-shaped curve related to vascular mortality?

Monetary and Fiscal Policies and the Growth Laffer Curve: Panel Data Evidences

The present paper examines the mitigating effect of monetary and fiscal policies on the “Growth Laffer curve” (GLC) using a panel data of 38 high income countries over the period 2003-2012. Adopting generalised method of moments (GMM) estimators, the paper finds evidence substantiating the presence of an inverted-U GLC. Moreover, the evidence suggests that the GLC shifts downward by employing e...