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Stable and Sustainable Global Tax Coordination with Leviathan Governments
Eichner, Thomas - 2014
Itaya et al. (2014) study the conditions for sustainability and stability of capital tax coordination in a repeated game model with tax-revenue maximizing governments. One of their major results is that the grand tax coalition is never stable and sustainable. The purpose of this note is to prove...
Persistent link: https://www.econbiz.de/10013048825
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The Bazaar Effect, Unbundling of Comparative Advantage, and Migration
Kohler, Wilhelm - 2007
Germany exhibits a strong reduction in domestic manufacturing production depth (bazaar effect). I argue that this …
Persistent link: https://www.econbiz.de/10012777491
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Entrepreneurial Innovation and Sustained Long-Run Growth Without Weak or Strong Scale Effects
Grossmann, Volker - 2021
R&D-based growth theory suggests that a larger population size raises either the long-run rate of economic growth …
Persistent link: https://www.econbiz.de/10013316550
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The Theory of the Firm Goes Global
Marin, Dalia - 2013
What insights can be gained from bringing the theory of the firm to the global economy? I discuss several new features … of the world economy that can be explained by incorporating the theory of the firm into the theory of international trade …
Persistent link: https://www.econbiz.de/10013071383
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Microeconometric Evidence of Financing Frictions and Innovative Activity
Tiwari, Amaresh - 2014
Using Dutch data we empirically investigate how financing and innovation vary across firm characteristics. We find that … when firms face financial constraints, debt financing and innovation choices are not independent of firm characteristics …
Persistent link: https://www.econbiz.de/10013057269
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Sustainable Climate Treaties
Gersbach, Hans - 2017
We examine long-run treaties for mitigating climate change. Countries pay an initial fee into a global fund that is invested in long-run assets. In each period, part of the fund is distributed among the participating countries in relation to the emission reductions they have achieved in this...
Persistent link: https://www.econbiz.de/10012958888
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Tear Down this Wall : On the Persistence of Borders in Trade
Nitsch, Volker - 2009
Why do borders still matter for economic activity? The reunification of Germany in 1990 provides a unique natural … to trade between East Germany and West Germany were eliminated completely within a very short period of time. The … evolution of intra-German trade flows after reunification then provides new insights for both the globalization and border …
Persistent link: https://www.econbiz.de/10013154269
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Fiscal Equalization Schemes and Fiscal Sustainability
Potrafke, Niklas - 2012
Fiscal sustainability tests have largely ignored the institutional setting of fiscal policy making. Fiscal equalization schemes in federal states are one such institution. We examine whether German state governments pursue sustainable fiscal policies taking into account fiscal equalization...
Persistent link: https://www.econbiz.de/10013100010
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Sustainability of German Fiscal Policy and Public Debt : Historical and Time Series Evidence for the Period 1850-2010
Burret, Heiko - 2013
default. Due to a multitude of large scale events in its past, Germany is far from being an exception: In fact, Germany … Germany's public finances against the standard theoretical back‐ground using a unique database, retrieved from multiple …, contradicting the historical perception of Germany as the poster child of European public finance. Given these corresponding breaks …
Persistent link: https://www.econbiz.de/10013085753
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Fiscal Sustainability of the German Laender Time Series Evidence
Burret, Heiko - 2014
Germany using an unprecedentedly comprehensive fiscal dataset for the time period from 1950 to 2011 for West German Laender …
Persistent link: https://www.econbiz.de/10013047345