The article highlights the progress of international taxation in fight against concealment income offshore jurisdictions and exposes lights shadows current legal framework for exchange information on bank accounts. author examines major problems how corporations avoid paying taxes their it affects financial sphere. studies secrecy with its harmful aspects develops solution to resolve issues. As...

W hy do people work? Economic theory generally, and the principal– agent model specifically, emphasize the role of material incentives. The standard assumption is that people work hard only if they receive monetary compensation for doing so. However, a substantial body of evidence contradicts the standard economic model. Many salaried academics, for example, work diligently year after year, con...

Recent research shows that much recent rise in wage inequality comes from growing differences between firms, especially sorting of skilled workers to high-paying firms. This paper explores the role proprietary software these changes. Using job ad data, we find is strongly associated with firm fixed effects and also skills. Software accounts for half or more skill across Moreover, both are great...

We study whether people became less likely to switch Medicare prescription drug plans (PDPs) due to more options and more time in Part D. Panel data for a random 20 percent sample of enrollees from 2006--2010 show that 50 percent were not in their original PDPs by 2010. Individuals switched PDPs in response to higher costs of their status quo plans, saving them money. Contrary to choice overloa...