WorldCat Identities

Poterba, James M.

Overview
Works: 347 works in 1,798 publications in 1 language and 23,566 library holdings
Genres: Conference papers and proceedings  Periodicals 
Roles: Author, Editor, Honoree, Other, Compiler
Classifications: HC79.A4, 339.43
Publication Timeline
.
Most widely held works by James M Poterba
Global warming : economic policy responses by Rudiger Dornbusch( Book )

17 editions published between 1991 and 1993 in English and held by 618 WorldCat member libraries worldwide

Tax policy and the economy by National Bureau of Economic Research( Book )

76 editions published between 1987 and 2009 in English and Undetermined and held by 478 WorldCat member libraries worldwide

The five papers in this volume represent a cross section of some of the best applied research that bears on tax policy deliberations. Each paper provides new data and new insights about an important question in tax or expenditure policy. In several cases, the research papers were motivated by suggestions or questions at previous Tax Policy and the Economy meetings
Public policies and household saving by James M Poterba( Book )

15 editions published between 1994 and 2007 in English and held by 459 WorldCat member libraries worldwide

The seven articles in this volume collect and analyze extensive data on government policies affecting saving in each of the G-7 countries. Each chapter focuses on one country and addresses a core set of topics: types of accumulated household saving and debt; tax policies toward capital income; saving in the form of public and private pensions, including Social Security and similar programs; saving programs that receive special tax treatment; and saving through insurance
International comparisons of household saving by James M Poterba( Book )

15 editions published between 1994 and 2007 in English and held by 359 WorldCat member libraries worldwide

Governments and corporations may chip in, but around the world houshold saving is the biggest factor in national saving. To better understand why saving rates differ across countries, this volume provides the most up-to-date analyses of patterns of household saving behavior in Canada, Italy, Japan, Germany, the United Kingdom, and the United States. Each of the six chapters examines micro data sets of household saving within a particular country and summarizes statistics on patterns of saving by age, income, and other demographic factors. The authors provide age-earning profiles and analyses o
Fiscal institutions and fiscal performance by James M Poterba( Book )

20 editions published in 1999 in English and held by 347 WorldCat member libraries worldwide

Fiscal Institutions and Fiscal Performance probes the role that budgetary institutions play in explaining the size of a country's financial deficit and, within that framework, explores the range of likely corrective actions that might limit the size of such deficits. This far-reaching collection considers the design and operation of fiscal institutions; it scrutinizes the effect of budgetary rules and procedures on fiscal-policy outcomes around the world; and it examines those combinations of institutional structure and fiscal policy that might best restrict the advance of budget deficits, limit the growth of national debt, and ensure fiscal responsibility
Housing markets in the United States and Japan by Yukio Noguchi( Book )

13 editions published between 1994 and 2007 in English and held by 307 WorldCat member libraries worldwide

Although Japan and the United States are the world's leading economies, there are significant differences in the ways their wealth is translated into living standards. A careful comparison of housing markets illustrates not only how living standards in the two countries differ, but also reveals much about saving patterns and how they affect wealth accumulation. In this volume, ten essays discuss the evolution of housing prices, housing markets and personal savings, housing finance, commuting, and the impact of public policy on housing markets. The studies reveal surprising differences in housi
Empirical foundations of household taxation by Martin S Feldstein( Book )

14 editions published in 1996 in English and held by 290 WorldCat member libraries worldwide

Despite decades of interest by scholars and policy makers in the effect of tax policy on household behavior, there is still considerable controversy about the key empirical links among tax rates, household behavior, and revenue collections. The eight papers in this volume present new statistical findings on how taxes affect a range of household decisions, including labor supply, saving, choice of health insurance plan, choice of child care arrangements, portfolio choice, and tax evasion. They also present new analytical results on the effects of different types of tax policy. All of this research relies on household-level data - drawn either from public-use tax return files provided by the U.S. Treasury or from large household-level surveys - to explore various aspects of the relationship between taxes and household behavior
Borderline case : international tax policy, corporate research and development, and investment by James M Poterba( Book )

11 editions published between 1900 and 1998 in English and held by 230 WorldCat member libraries worldwide

"The growing integration of world markets for capital and goods, coupled with the rise of instantaneous worldwide communication, has made identification of corporations as "American," "Dutch," or "Japanese" extremely difficult. Yet tax treatment does depend of where a firm is chartered. And, as Borderline Case documents, there is little doubt that tax rules for firms doing business in several nations--firms that account for more than three-quarters of corporate R & D spending in the United States--have substantial effects on corporate decisionmaking and, ultimately, U.S. competitiveness. This book explores the impact of the U.S. tax code and its incentives on the international activities of U.S.- and foreign-based firms: basic research outlays, expenditures on product and process development, and plant and equipment investment. The authors include industry experts from large multinational firms in technology and pharmaceuticals, academic researchers who have explored the quantitative impact of tax provisions on R & D, and tax policy analysts who have examined international tax rules in the broader context of tax reform. These experts look at how corporate investment and R & D are shaped by specific tax provisions, such as the definition of taxable income, relative tax burdens on domestic and foreign business, taxation of earnings repatriated to the United States, deductibility of expenses of worldwide operations, and U.S. corporate taxes relative to other countries. The volume explores prescriptions and prospects for tax reform and reviews major reform proposals and their implications for the behavior of multinational business."--Publisher's description
Fiscal reform in Colombia : problems and prospects( Book )

5 editions published in 2005 in English and held by 208 WorldCat member libraries worldwide

"Colombia, once a model of fiscal discipline for other Latin American nations, has seen its fiscal situation deteriorate since the early 1990s. Higher government spending, taxes that did not keep pace with expenditures, and severe recession led to an unsustainable debt-to-GDP ratio of 52 percent in 2002. Short-term tax increases, even coupled with spending reforms, have not restored Colombia to fiscal balance. A Colombian government commission charged with researching more long-term tax and fiscal reforms gave rise to the selected essays included in this book, each coauthored by Colombian and North American public finance experts. The analyses and recommendations have particular policy relevance for developing economies."--Jacket
Why do economists disagree about policy? : the roles of beliefs about parameters and values by Victor R Fuchs( Book )

13 editions published in 1997 in English and held by 91 WorldCat member libraries worldwide

This paper reports the results of surveys of specialists in labor economics and public economics at 40 leading research universities in the United States. Respondents provided opinions of policy proposals; quantitative best estimates and 95% confidence intervals for economic parameters; answers to values questions regarding income redistribution, efficiency versus equity, and individual versus social responsibility; and their political party identification. We find considerable disagreement among economists about policy proposals. Their positions on policy are more closely related to their values than to their estimates of relevant economic parameters or to their political party identification. Average best estimates of the economic parameters agree well with the ranges summarized in surveys of relevant literature, but the individual best estimates are usually widely dispersed. Moreover, economists, like experts in many fields, appear more confident of their estimates than the substantial cross-respondent variation in estimates would warrant. Finally although the confidence intervals in general appear to be too narrow, respondents whose best estimates are farther from the median tend to give wider confidence intervals for those estimates
The history of annuities in the United States by James M Poterba( Book )

14 editions published in 1997 in English and held by 89 WorldCat member libraries worldwide

Abstract and ordering information available via the Internet at the publisher's website
Capital gains tax rules, tax loss trading, and turn-of-the-year returns by James M Poterba( Book )

13 editions published in 1998 in English and held by 85 WorldCat member libraries worldwide

This paper investigates the effect of specific features of the U.S. capital gains tax on turn-of-the-year stock returns. It focuses on two tax changes. The first, enacted in 1969, reduced the fraction of long-term losses that were deductible from Adjusted Gross Income from 100 percent to 50 percent. The second, part of the Tax Reform Act of 1976, raised the required holding period for long-term gains and losses from six months to one year. This paper describes how each of these tax changes should have affected incentives for year-end capital loss realization and the potential magnitude of the turn of the year effect in stock returns. We present evidence that is consistent with the hypothesis that detailed provisions of the capital gains tax, such as the short-term holding period, affect the link between past capital losses and turn-of-the-year stock returns. These findings provide support for the role of tax-loss trading in contributing to turn-of-the-year return patterns
Fiscal institutions and public sector labor markets by James M Poterba( Book )

12 editions published in 1998 in English and held by 84 WorldCat member libraries worldwide

This paper investigates how state and local fiscal institutions affect the pattern of relative wages between state and local government employees and their private sector counterparts. It focuses on changes in relative wages during the 1979-1986 period. Empirical analysis of data from the Current Population Survey suggests that in places with limitations on local property taxes, and to a lesser extent state-level tax and expenditure caps, public sector wages grew more slowly than the wages paid to comparable workers in the private sector. The differential movement of public sector and private sector wages is particularly pronounced for college-educated women who work in the local public sector. Many of these employees are public school teachers. There is some evidence that the impact of fiscal limits is most pronounced in the years immediately following their adoption, and that the effect of these limits weakens over time
The estate tax and after-tax investment returns by James M Poterba( Book )

14 editions published in 1997 in English and held by 82 WorldCat member libraries worldwide

This paper explores the effect of estate and gift taxes on the after-tax rate of return earned by savers. The estate tax affects only a small fraction of households -- taxable decedents represented only 1.4 percent of all deaths in 1995 -- but the affected households account for a substantial fraction of household net worth. The estate tax can be viewed as a tax on capital income, with the effective rate depending on the statutory tax rate as well as the potential taxpayer's mortality risk. Because mortality rates rise with age, the effective estate tax burden is therefore greater for older than for younger individuals. The estate tax adds approximately 0.3 percentage points to the average tax burden on capital income for households headed by individuals between the ages of 50 and 59. For households headed by individuals between the ages of 70 and 79, however, the estate tax increases the tax burden on capital income by approximately 3 percentage points. The effects are even larger for older households. The paper also explores the fraction of the net worth held by households that are subject to the estate tax that could be transferred to the next generation with a program a per donee exemption from gift tax. While roughly one quarter of potentially taxable assets could be transferred in this way, actual levels of inter vivos giving are much lower than the levels that would one would expect if households were taking full advantage of this tax avoidance strategy
Lump-sum distributions from retirement saving plans : receipt and utilization by James M Poterba( Book )

12 editions published in 1995 in English and held by 82 WorldCat member libraries worldwide

One of the central issues in evaluating the ongoing shift from defined benefit (DB) to defined contribution (DC) pension plans is the degree to which assets in DC plans will be withdrawn before plan participants reach retirement age. The annual flow of withdrawals from such plans, which are known as lump sum distributions and which are frequently but not always associated with employment changes, has exceeded $100 billion in recent years. This flow is substantially greater than the flow of new contributions to IRAs and other targeted retirement saving programs. This paper draws on data from the 1993 Current Population Survey and the Health and Retirement Survey to summarize the incidence and disposition of lump sum distributions. We find that while less than half of all lump sum distributions are rolled over into IRAs or other retirement saving plans, large distributions are substantially more likely to be saved than smaller ones are. Consequently, more than half of the dollars paid out as lump sum distributions are reinvested. We also explore the correlation between various individual characteristics and the probability of rolling over a lump sum distribution. This is a first step toward developing a model that can be used to evaluate the long- term effects of lump sum distributions, or policies that might affect them, on the financial status of elderly households
The costs of annuitizing retirement payouts from individual accounts by James M Poterba( Book )

12 editions published in 1999 in English and held by 82 WorldCat member libraries worldwide

This paper presents new evidence on the costs of purchasing private annuity contracts to spread a given stock of assets over an uncertain future lifetime. It also describes the operation of individual annuity arrangements within two large group retirement saving plans. First presents information on life annuity contracts that are now available in the individual single-premium-immediate annuity marketplace. For a 65-year-old male annuity buyer present discounted value of the payouts offered by the average policy available in June 1998 was approximately 85 percent of the purchase price. This assumes that the individual faces the mortality risks of the average individual in the population, and that the payouts are discounted at a riskless interest rate. The expected present value of payouts rises if we assume that the buyer faces the mortality rates of the typical annuitant, while it declines if we assume a higher riskier, interest rate for discounting. Second, the paper considers individual annuity policies available to participants in the government's Thrift Savings Plan. Because these annuities are purchased through a large group retirement saving program, some of the administrative costs are lower than those in the national individual annuity market. The expected present value of payouts is correspondingly higher than that in the public' market. Third individual annuity products offered by TIAA-CREF, the retirement system for college and university employees. TIAA offers annuities with non-guaranteed elements the highest payouts in the individual annuity market, mainly due to superior investment returns and low expenses. CREF annuities offer valuable payouts that reflect basis, the investment experience of the accounts
Budget institutions and fiscal policy in the U.S. states by James M Poterba( Book )

16 editions published in 1996 in English and held by 81 WorldCat member libraries worldwide

Abstract: This paper summarizes state balanced budget requirements, and the available empirical evidence on the effect of these rules on state fiscal policies. Existing state rules differ from many current proposals at the federal level. They are typically restricted to part of the state budget, they frequently permit short term borrowing, and they lack formal enforcement mechanisms. The paper also surveys previous research on how anti-deficit provisions affect state fiscal policy. The available evidence indicates that stringent anti-deficit provisions lead to more rapid adjustment of state taxes and expenditures when fiscal deficits emerge. This suggests that changing the federal budget process has the potential to affect federal fiscal policy
Do budget rules work? by James M Poterba( Book )

14 editions published between 1996 and 1997 in English and held by 81 WorldCat member libraries worldwide

The design of budget rules and institutions, long a neglected area in public finance and macroeconomics, has recently been thrust to center stage by the debate over a balanced budget amendment and other deficit-reduction measures in the United States. This paper describes the existing evidence on how budget rules affect fiscal policy outcomes. It contrasts the ìnstitutional irrelevance view, ' which holds that budget rules can be circumvented by modifying accounting practices and changing the nominal timing or other classification of taxes and expenditures, with the public choice view' in which fiscal institutions represent important constraints on the behavior of political actors. Several distinct strands of empirical evidence, from the U.S. federal experience with anti-deficit rules, from U.S. state experience with balanced budget rules, and from international comparisons of budget outcomes in nations with different fiscal institutions, suggest that fiscal institutions do matter. These results reject the institutional irrelevance view. The existing evidence is not refined enough, however, to provide detailed advice on how narrowly-defined changes in budget rules might affect policy outcomes
Estate and gift taxes and incentives for inter vivos giving in the United States by James M Poterba( Book )

12 editions published between 1998 and 1999 in English and held by 80 WorldCat member libraries worldwide

This paper describes the current estate and gift tax rules that apply to intergenerational transfers in the United States. It summarizes the incentives for inter vivos giving as a strategy for reducing estate tax liability. It shows that the current level of intergenerational transfers is much lower than the level that would be implied by simple models of dynastic utility maximization. Moreover, it demonstrates that even among elderly households with net worth in excess of $2.5 million, roughly four times the net worth at which the estate tax takes effect, only about forty-five percent take advantage of the opportunity for tax-free inter vivos giving. Cross-sectional regressions using the 1995 Survey of Consumer Finances suggest that transfers rise with household net worth, possibly reflecting the impact of progressive estate taxes. In addition, households with a preponderance of their net worth in illiquid forms, such as a private business, are less likely to make transfers than their equally wealthy counterparts with more liquid wealth. Households with substantial unrealized capital gains, for whom the benefits of capital asset basis step-up at death are greatest, are less likely to make large inter vivos transfers than similarly wealthy households with higher basis assets. Nevertheless, the aggregate flow of intergenerational transfers is much smaller than the level that would result if all households that were likely to face the estate tax attempted to transfer resources through inter vivos gifts
The effects of special saving programs on saving and wealth by James M Poterba( Book )

13 editions published between 1993 and 1995 in English and held by 78 WorldCat member libraries worldwide

Individual saving through targeted retirement saving accounts IRAs and 401(k)s grew rapidly in the United States during the 1980s. The microeconomic evidence presented in this paper suggests that most of the contributions to these programs represent new saving that would not otherwise have occurred. The micro evidence is compared with macro saving measured by National Income and Product Accounts and Flow of Funds data
 
moreShow More Titles
fewerShow Fewer Titles
Audience Level
0
Audience Level
1
  Kids General Special  
Audience level: 0.34 (from 0.03 for Tax policy ... to 0.74 for The costs ...)

Global warming : economic policy responses
Alternative Names
James M. Poterba Amerikaans econoom

James M. Poterba amerikansk ekonom

James M. Poterba amerikansk økonom

James Poterba

James Poterba US-amerikanischer Ökonom und Hochschullehrer

Poterba, J.

Poterba, J. 1958-

Poterba, J. (James)

Poterba, J. (James), 1958-

Poterba, J. M. 1958-

Poterba, James

Poterba, James 1958-

Poterba, James M.

Poterba, James Michael 1958-

Languages
English (328)

Covers
Tax policy and the economyPublic policies and household savingInternational comparisons of household savingFiscal institutions and fiscal performanceHousing markets in the United States and JapanEmpirical foundations of household taxationBorderline case : international tax policy, corporate research and development, and investmentFiscal reform in Colombia : problems and prospects