I examine whether after the terrorist attacks of September 11, 2001 Muslim immigrants and immigrants who …t the Muslim Arab stereotype in Australia perceive a greater increase in religious and racial intolerance and discrimination compared to other immigrant groups. I also examine whether there is a di¤erential change in their labor market outcomes. I …nd that after 9/11 there is a greater incr...

phase-in of federal income taxes, Congress allowed oil and gas companies to deduct 27.5 percent of gross revenues (up to half of net income) for corporate income tax purposes. Characteristically, a tax policy that began as a technical adjustment of the tax code turned into a deliberate measure to stimulate oil and gas production. The deduction was a big hit with the industry because it far exce...

Microfinance programs are recognized as a way of improving incomes and creating employment for large numbers of low-income families, but there are concerns that working conditions within these informal microenterprises are far from ideal. For example, when families receive loans to expand a microenterprise, children may make up the labor shortfall until the family can afford to hire adult worke...

The paper reports micro-econometric evidence on the factors that influence self-employment choice, earnings and the ability of the self-employed to generate employment for others. It uses recent longitudinal data for the UK, and is therefore able to exploit multiple observations on the same individual to control for unobserved heterogeneity, and mitigate problems of endogeneity which trouble cr...

he American Dream, to have a better life than those who came before us, is possible because of opportu‐ nity. A favorable juncture of circum‐ stances,* opportunity can be viewed economically as a combination of employment, income, population, and education. More jobs in a location creates a situation in which there are more opportunities to find a suitable match between employer and employee. L...

income taxes is approximately $1.565 million, implying an aggregate annual compliance cost of over $2 billion. As a fraction of revenue raised, these compliance costs are lower than estimates that have been made for the individual income tax. The cost-to-revenue ratio is higher for state corporate tax systems than it is for the federal tax system, presumably reflecting the nonuniformity of stat...

This paper presents the Kaldor-Kalecki nonlinear business cycle model of the income. It will take into consideration the investment demand in the form suggested by Rodano. We will analyze the deterministic, uncertainty and stochastic Kaldor-Kalecki models. The dynamics of the mean values and the square mean values of the model’s variables are set. Numerical examples are given in the end, to ill...