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Welfare State vs. Market Forces in a Globalization Era
Razin, Assaf - 2019
Globalization radically changes income distribution and triggers intense international tax competition. Therefore …, globalization entails an extensive restructuring of the welfare state. We analyze a parsimonious model of an open economy, in its … the interactions between taxation, provision of social benefits, and globalization. We demonstrate how these interactions …
Persistent link: https://www.econbiz.de/10012480145
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Migration, Social Standards and Replacement Incomes : How to Protect Low-income Workers in the Industrialized Countries Against the Forces of Globalization and Market Integration
Sinn, Hans-Werner - 2004
This paper discusses how an industrialized country could defend the wages and social benefits of its unskilled workers against wage competition from immigrants. It shows that fixing social standards harms the workers and that fixing social replacement incomes implies migration into unemployment....
Persistent link: https://www.econbiz.de/10012467892
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The New Systems Competition
Sinn, Hans-Werner - 2002
While the old systems competition took place with closed borders, globalisation has brought about a new type of systems competition that is driven by the mobility of factors of production. The new systems competition will likely imply the erosion of the European welfare state, induce a race to...
Persistent link: https://www.econbiz.de/10012469968
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Social Capital I : Measurement and Associations with Economic Mobility
Chetty, Raj - National Bureau of Economic Research - 2022
In this paper--the first in a series of two papers that use data on 21 billion friendships from Facebook to study social capital--we measure and analyze three types of social capital by ZIP code in the United States: (i) connectedness between different types of people, such as those with low vs....
Persistent link: https://www.econbiz.de/10013334530
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Social Capital II : Determinants of Economic Connectedness
Chetty, Raj - National Bureau of Economic Research - 2022
Low levels of social interaction across class lines have generated widespread concern and are associated with worse outcomes, such as lower rates of upward income mobility. Here, we analyze the determinants of cross-class interaction using data from Facebook, building upon the analysis in the...
Persistent link: https://www.econbiz.de/10013334531
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A New Framework for the Analysis of Inequality
Cunha, Flavio - 2006
This paper presents a new framework for analyzing inequality that moves beyond the anonymity postulate. We estimate the determinants of sectoral choice and the joint distributions of outcomes across sectors. We determine which components of realized earnings variability are due to uncertainty...
Persistent link: https://www.econbiz.de/10012466145
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The Competition Between Competition Rules
Sinn, Hans-Werner - 1999
Open borders imply systems competition. This paper studies the implications of systems competition for the national competition rules. It is shown that an equilibrium where all countries retain their antitrust laws does not exist, since abolishing this law makes it possible for a single country...
Persistent link: https://www.econbiz.de/10012471517
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Manufacturing Plant Location : Does State Pollution Regulation Matter?
Gray, Wayne B. - 1997
This paper tests whether differences across states in pollution regulation affect the location of manufacturing activity in the U.S. Plant-level data from the Census Bureau's Longitudinal Research Database is used to identify new plant births in each state over the 1963-1987 period. This is...
Persistent link: https://www.econbiz.de/10012472948
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The Principle and Market Failure in Systems Competition
Sinn, Hans-Werner - 1996
Contrary to a frequent contention, systems competition cannot work when governments respect the Subsidiarity Principle. The principle implies that governments step in where markets fail. Reintroducing markets through the back door of systems competition will again result in market failure. Three...
Persistent link: https://www.econbiz.de/10012473453
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Do Tax Incentives Affect Business Location and Economic Development? Evidence from State Film Incentives
Button, Patrick - 2019
I estimate the impacts of recently-popular U.S. state film incentives on filming location, film industry employment, wages, and establishments, and spillover impacts on related industries. I compile a detailed database of incentives, matching this with TV series and feature film data from the...
Persistent link: https://www.econbiz.de/10012479912