Heterogeneity of preferences for local public goods: the case of private expenditure on public education

Article Abstract:

A research study used revealed preference methods to estimate the extent of heterogeneity in local public good preferences. This is accomplished by testing the hypothesis that claims a correlation between demographic characteristics and public education expenditure preferences. A goodness-of-fit index on a wasted consumer expenditure estimation is used as basis for the test. The test statistic distribution is estimated via bootstrap methods. Results show a widespread preference heterogeneity.

Elementary and secondary schools, Public Schools, Analysis, Consumer preferences

---

Short-term and long-term government debt and nonresident interest withholding taxes

Article Abstract:

The proceeds on national Treasury-bills and on 5-year government bonds completely indicate the nonresident interest withholding taxes set on American or Japanese investors. Thus, this implies that nonresident interest withholding taxes on short-term and long-term government debt are not due to international investors. Still, nonresident withholding taxes boost pretax interest rates.

Administration of General Economic Programs, Economic Statistics & Research, Economic conditions, National debt, Public debts, Treasury securities, Withholding tax

---

Similar abstracts:

• Abstracts: Tax competition and revelation of preferences for public expenditure. One-stage structural models to explain city size
• Abstracts: The persistence and inefficiency of property tax finance of local public expenditures. Competitive tax theory in open economies
• Abstracts: The provision of local public goods and factors in the presence of firm and household mobility. Tiebout and redistribution in a model of residential and political choice
• Abstracts: Testable restrictions of Pareto optimal public good provision. Do consumers respond to future income shocks? Evidence from social security reform in Taiwan
• Abstracts: Productive efficiency in public and private firms. Government Debt and Private Leverage. Private pensions, mortality risk, and the decision to annuitize

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.