Similar Search Results

Horizontal Versus Vertical Tax Competition: An Empirical Test

Jametti, Mario; Brülhart, Marius - Econometric Society - 2004

In a federation, where different levels of government tax the same base, one can observe two types of externalities: a horizontal externality, working among jurisdictions of the same hierarchical level and leading to tax rates that are suboptimally low; and a vertical externality, working...

Persistent link: https://www.econbiz.de/10005699659

Understanding preferences for income redistribution

Tan, Chih Ming; Keely, Louise C. - Econometric Society - 2004

Recent research suggests that income redistribution preferences vary across identity groups. We employ a new pattern recognition technology to uncover what these groups are. Using data from the General Social Survey, we present a new stylized fact that preferences for governmental provision of...

Persistent link: https://www.econbiz.de/10005342275

Impact of Voucher Design on Public School Performance: Evidence from Florida and Milwaukee Voucher Programs

Chakrabarti, Rajashri - Econometric Society - 2004

This paper examines the impact of vouchers in general, and voucher design in particular, on public school performance. It argues that all voucher programs are not created equal. There are often fundamental differences in voucher designs that affect public school incentives differently and induce...

Persistent link: https://www.econbiz.de/10005130175

Strategic Competition Amongst Public Schools

Millimet, Daniel; Rangaprasad, Vasudha - Econometric Society - 2004

Researchers, policymakers, and parents are giving education reforms involving expanded school choice increased attention. Many view the heightened competition that would presumably result from such reforms as a panacea for the ills currently plaguing the public education system in the US....

Persistent link: https://www.econbiz.de/10005130208

Impact of School Finance Reform on Resource Equalization and Academic Performance: Evidence from Michigan

Roy, Joydeep - Econometric Society - 2004

The state of Michigan radically altered its school finance system in 1994. This was a legislature-led reform that took place somewhat unexpectedly and without the intervention of any courts. The new plan, called Proposal A, significantly increased the state share of K-12 spending and entailed...

Persistent link: https://www.econbiz.de/10005063738

Asymmetric FDI and Tax-Treaty Bargaining: Theory and Evidence

Davies, Ron; Chisik, Richard - Econometric Society - 2004

for bargaining over the treatyâ€™s terms. This paper makes a first attempt at modeling the conflicting goals in treaty … formation by analyzing a cooperative bargaining model of tax determination. In a simple framework, we develop hypotheses about …. We find that treaty-specified withholding taxes vary in a systematic way that is consistent with our simple bargaining …

Persistent link: https://www.econbiz.de/10005328861

Valuation in Dynamic Bargaining Markets

duffie - Econometric Society - 2004

We study the impact on asset prices of illiquidity associated with search and bargaining in an economy in which agents …

Persistent link: https://www.econbiz.de/10005328973

Valuation in Dynamic Bargaining Markets

Pedersen, Lasse; Duffie, Darrell; Garleanu, Nicolae - Econometric Society - 2004

We study the impact on asset prices of illiquidity associated with search and bargaining in an economy in which agents …

Persistent link: https://www.econbiz.de/10005328997

Complexity and Efficiency in Repeated Games with Negotiation

Sabourian, Hamid; Lee, Jihong - Econometric Society - 2004

offers bargaining and repeated games. Despite the forces of bargaining, the negotiation game in general admits a large number … equilibria survive. Thus, complexity and bargaining in tandem may offer an explanation for co-operation in repeated games …

Persistent link: https://www.econbiz.de/10005342231

A Rent Extraction Theory of Right of First Refusal

Choi, Albert - Econometric Society - 2004

When a seller gives a buyer a right of first refusal, although it reduces the competing buyers' profits and creates an inefficiency, it always increases the joint profit of the seller and the right holder. Right of first refusal with a consideration (e.g., a payment from the right holder to the...

Persistent link: https://www.econbiz.de/10005342352