@JosephEStiglitz@rodrikdani out here telling truths
๐๐๐๐๐
"The current focus in development economics on randomized controlled trials (RCTs) and other rigorous methods of causal inference has obscured the importance of structural change...."
https://t.co/V5tqKRq2zN
In other words, if resource revenue were to suffer a negative shock (or spending needs a positive shock), to what extent would resource-dependent countries face severe budgetary shortfalls?
Thanks to @UNUWIDER for funding via their #E4D project. (4/4).
๐New (open access) journal article.๐
Fiscal dependence on extractive revenues.
https://t.co/mrIn3VeyxF
What's it about?
We've all heard about resource / extractive dependence. In this paper I take a more detailed look at the *fiscal* element of dependence... (1/4)
For countries that collect tax and non tax revenue from extractive resources, I explore to what extent can their *non-resource* revenues cover the day-to-day spending of government. (3/4)
NEW: we need to talk about UK graduate wages, and the idea that Britain sends too many people to university.
American readers should stick around for the UK/US comparisons ๐
Letโs start with this: the UK graduate wage premium has fallen substantially over the last 25 years
We are delighted to receive renewed funding from @FCDOGovUK for #TaxDev which โ alongside @TheIFS โ will help us to strengthen existing partnerships with TaxDev partner governments and researchers. (1/3)
https://t.co/rRFVZ8k1mj
This is unfortunately quite true. From any rational, decision-theoretic standpoint, the Economics profession under-invests in imperfectly identified analyses of big/important/relevant questions relative to well-identified but comparatively uninteresting questions.
Version 0.2 of the #TaxDev Employment Income Taxes Dataset is online!
We've updated to include data on Personal Income Tax & social contribution systems in an additional 33 countries, from the Latin America and Caribbean region
@ODI_Global@TheIFS
https://t.co/1bRnfYS5uC
๐๏ธ On 29 June, join me at @ODI_Global w/ @FraBastagli@kylemcnabb and insightful & expert panellists to discuss the role of tax and transfers in addressing...
๐ต Income inequality
๐จโ๐ฉโ๐งโ๐ฆ Gender income inequality
Sign up here ๐
https://t.co/AWeZOepLY3
Whatโs wrong with international development agencies in Ukraine?
My list of top fundamental errors that are committed to
1. Obsession with control 1/
Better data on earnings distributions (both formal and informal) in LMICs will go a long way to helping unpack these puzzles.
Check out the dataset for African countries here :
https://t.co/1bRnfYS5uC
Latin America & Caribbean coming soon (!)
(The end)
New @ODI_Global#TaxDev Working Paper ๐
Joint w/ @annalena_oppel & 2nd study from the TaxDev Employment Income Taxes Dataset (EITD). We attempt to better understand the redistributive potential of the personal income tax in African countries https://t.co/dXnAsnldu8 (1/n)
Anyway, super happy to have this paper out. There's still so much we don't know about how PIT design & reform affects incentives, formalisation, wages, inequality outcomes etc. in LMICs. And there's still so much that we don't measure well: (7/n)