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Incorporation and Taxation : Theory and Firm-Level Evidence

Egger, Peter - 2009

This paper provides a theory and firm-level evidence on the incorporation decision of entrepreneurs in a model of taxes and corporate governance. The theory explains how the incorporation decision of entrepreneurs is driven by taxation (corporate and personal income taxes), corporate...

Persistent link: https://www.econbiz.de/10013158386

Opt in Versus Opt Out : A Free-Entry Analysis of Privacy Policies

Degryse, Hans - 2006

There is much debate on how the flow of information between firms should be organized, and whether existing privacy … laws should be amended. We offer a welfare comparison of the three main current policies towards consumer privacy … costly to opt in or opt out, privacy policies shape firms' ability to collect and use customer information, and affect their …

Persistent link: https://www.econbiz.de/10012779192

Optimal Trend Inflation

Adam, Klaus - 2018

Sticky price models featuring heterogeneous firms and systematic firm-level productivity trends deliver radically different predictions for the optimal inflation rate than their popular homogenous-firm counterparts: (1) the optimal steady-state inflation rate generically differs from zero and...

Persistent link: https://www.econbiz.de/10012916153

Should Tax Policy Favor High- or Low-Productivity Firms?

Langenmayr, Dominika - 2013

Heterogeneous firm productivity seems to provide an argument for governments to pursue ‘pick-the-winner' strategies by subsidizing highly productive firms more, or taxing them less, than their less productive counterparts. We appraise this argument by studying the optimal choice of effective...

Persistent link: https://www.econbiz.de/10013089181

Heterogeneous Firms and International Trade : The Role of Productivity and Financial Fragility

Assenza, Tiziana - 2016

Starting from the premise that productivity is heterogeneous across firms, Melitz (2003) explains why individual productivity is key in determining the capability of a firm to export. In this paper we build a model along Melitz's lines to show that also financial capacity, captured by the level...

Persistent link: https://www.econbiz.de/10012986270

von Ehrlich, Maximilian; Seidel, Tobias - 2021

In contrast to what several papers have argued recently, we show that firm heterogeneity fosters agglomeration of economic activity. If firms are more similar with respect to their total factor productivity, each company faces a lower propensity to export. This renders the home market more...

Persistent link: https://www.econbiz.de/10013315825

Trade and the Environment : The Role of Firm Heterogeneity

Kreickemeier, Udo; Richter, Philipp - 2021

This paper derives a new effect of trade liberalization on the quality of the environment. We show that in the presence of heterogeneous firms the aggregate volume of emissions is influenced not only by the long-established scale effect, but also by a reallocation effect resulting from an...

Persistent link: https://www.econbiz.de/10013315903

Incentives to Work and Performance in the Public Sector

Economides, George - 2015

public sector in most EU countries, the paper looks for policy reforms that can improve work incentives, and hence enhance …

Persistent link: https://www.econbiz.de/10013028779

Green Tradable Certificates versus Feed-In Tariffs in the Promotion of Renewable Energy Shares

Requate, Tilman - 2015

The paper analyzes the relationship between CO2 mitigation policy and promotion policies designed to deploy renewable energy sources for electricity production (RES-E). If an emission cap is the only policy target, an optimal mix consisting of high and low carbon use of fossil fuels, deployment...

Persistent link: https://www.econbiz.de/10013030307

A Leverage Theory of Tying in Two-Sided Markets

Choi, Jay Pil - 2016

Partly motivated by the recent antitrust investigations concerning Google, we develop a leverage theory of tying in two-sided markets. We analyze incentives for a monopolist to tie its monopolized product with another product in a two-sided market. Tying provides a mechanism to circumvent the...

Persistent link: https://www.econbiz.de/10012980583