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IMF Surveillance and Financial Markets - A Political Economy Analysis

Fratzscher, Marcel; Reynaud, Julien - CESifo - 2010

surveillance emerging as a key function. The paper analyses how IMF surveillance announcements may be influenced by political power … for IMF surveillance. For a set of emerging market economies, the paper finds that financial markets react more favorable … to PIN releases for politically influential member countries. Moreover, IMF surveillance appears to be systematically …

Persistent link: https://www.econbiz.de/10008583679

Environmental Tax Reform in a Federation with Rent-Induced Migration

Garon, Jean-Denis; Séguin, Charles - CESifo - 2015

We study the welfare effects of a revenue-neutral green tax reform in a federation. The reform consists of increasing a tax on a polluting input and reducing that on labor income. Households are fully mobile within the federation. Regions are unequally endowed with a nonrenewable natural...

Persistent link: https://www.econbiz.de/10011210783

Wages, Rents, Unemployment, and the Quality of Life

Wrede, Matthias - CESifo - 2012

Combining a spatial equilibrium model with a matching unemployment model, this paper analyzes the regional quality of life when wages, rents, and unemployment risk compensate for local amenities and disamenities. In particular, the paper shows for quasi-linear utility that the effects of any...

Persistent link: https://www.econbiz.de/10010546957

Bounds of Unfair Inequality of Opportunity: Theory and Evidence for Germany and the US

Niehues, Judith; Peichl, Andreas - CESifo - 2012

differences in social mobility and persistence. …

Persistent link: https://www.econbiz.de/10010548565

The Political Economics of Higher Education Finance for Mobile Individuals

Borck, Rainald; Uebelmesser, Silke; Wimbersky, Martin - CESifo - 2012

We study voting over higher education finance in an economy with two regions and two separated labor markets. Households differ in their financial endowment and their children’s ability. Non-students are immobile. Students decide where to study; they return home after graduation with exogenous...

Persistent link: https://www.econbiz.de/10010556460

The Open Method of Coordination (OMC) as an Evolutionary Learning Process

Ania, Ana B.; Wagener, Andreas - CESifo - 2009

We interpret the Open Method of Coordination (OMC), recently adopted by the EU as a mode of governance in the area of social policy and other fields, as an imitative learning dynamics of the type considered in evolutionary game theory. The best-practise feature and the iterative design of the...

Persistent link: https://www.econbiz.de/10005000398

Harmonisation of Old-Age Security Within the European Union

Uebelmesser, Silke - CESifo - 2003

Not sufficiently harmonised national pension systems within the European Union distort the allocation of labour and endanger redistributive activities. This paper identifies the most decentralised level of harmonisation which guarantees efficient allocation and enables redistribution. For this,...

Persistent link: https://www.econbiz.de/10005094189

Higher Education Reform and the Renewed Lisbon Strategy: Role of Member States and the European Commission

Ploeg, Frederick Van der; Veugelers, Reinhilde - CESifo - 2007

recognition of qualifications and furthering the goals of the Bologna reforms, the EU should promote mobility of students …

Persistent link: https://www.econbiz.de/10005094228

Strategic Tax Competition; Implications of National Ownership

Olsen, Trond; Osmundsen, Petter - CESifo - 2000

Two jurisdictions compete to capture the rents of a large multinational enterprise (MNE) which invests locally and which is partly owned by local investors. The MNE contributes to local welfare by tax payments and dividends, and it has private information about the efficiency of the operations...

Persistent link: https://www.econbiz.de/10005181386

Young Liberals and Old Conservatives - Inequality, Mobility and Redistribution

Muren, Astri; Nyberg, Sten - CESifo - 2005

The paper examines the impact of income inequality and mobility on income redistribution in a modified median voter … and mobility are not unambiguous but depend on factors such as how mobility changes in different groups and causes of …

Persistent link: https://www.econbiz.de/10005405748