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The welfare state and the forces of globalization

Sinn, Hans-Werner - 2007

The emergence of the Asian tiger countries and the participation of the ex-communist countries in world trade has reduced the equilibrium price of labor in western Europe and elsewhere. However, the actual price of labor hardly reacts, because the welfare state's minimum replacement incomes are...

Persistent link: https://www.econbiz.de/10010276599

Global Taxation and National Welfare States

Jha, Priyaranjan; Mukherjee, Rahul - 2023

This paper studies the effects of globalization on the ability of governments to generate tax revenues for the … size and factor abundance. It then draws on existing empirical evidence to outline the effects of globalization on capital …

Persistent link: https://www.econbiz.de/10014347020

Fiscal and migration competition

Razîn, Assaf; Sadka, Efraim - 2010

It is often argued that tax competition may lead to a 'race to the bottom'. This result may indeed hold in the case of factor mobility (such as capital). However, in this paper we emphasize the unique feature of labor migration, that may nullify the'race to the bottom' hypothesis. Labor...

Persistent link: https://www.econbiz.de/10010276319

Partial Fiscal Decentralization

Brueckner, Jan K. - 2021

The fiscal decentralization impulse now sweeping the world often leads to partial decentralization, where subnational governments are funded by central transfers, rather than leading to full local autonomy. Despite the practical importance of this arrangement, the literature contains no economic...

Persistent link: https://www.econbiz.de/10013316771

On the Evolution of Market Institutions : The Platform Design Paradox

Alós-Ferrer, Carlos; Kirchsteiger, Georg; Walzl, Markus - 2021

We study competition among market designers who create new trading platforms, when boundedly rational traders learn to select among them. We ask whether efficient platforms, leading to market - clearing trading outcomes, will dominate the market in the long run. If several market designers are...

Persistent link: https://www.econbiz.de/10013317023

Student and worker mobility under university and government competition

Delpierre, Matthieu; Verheyden, Bertrand - 2011

We provide a normative analysis of endogenous student and worker mobility in the presence of diverging interests between universities and governments. Student mobility generates a university competition effect which induces them to overinvest in education, whereas worker mobility generates a...

Persistent link: https://www.econbiz.de/10010274891

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/10010261251

Globalization and values

Whalley, John - 2005

This paper discusses a central element in globalization debate little addressed by economists, namely the interactions … at global, national, and community levels between globalization and societally based values. Social values refer to wider … stress on analytical comparative statics. Scenarios for how values can interact under globalization are discussed in the text. …

Persistent link: https://www.econbiz.de/10010261167

Higher education reform and the renewed Lisbon Strategy: role of member states and the European Commission

van der Ploeg, Frederick; Veugelers, Reinhilde - 2007

This paper discusses rising enrolment rates, access, governance, underperformance in research and teaching, lack of internationalisation, private returns to education and the funding problems of European universities. Our proposals for reform are based on more autonomy for universities, higher...

Persistent link: https://www.econbiz.de/10010276203

Is Prescott right?: welfare state policies and the incentives to work, learn and retire

Jacobs, Bas - 2008

This paper bolsters Prescott's (2004) claim that high taxes are responsible for lacklustre labor market performance in continental European countries. We develop a lifecycle model with endogenous skill formation, endogenous labor supply, and endogenous retirement. Labor taxation distorts not...

Persistent link: https://www.econbiz.de/10010264345

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