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Would Global Patent Protection Be Too Weak Without International Coordination?
Lai, Edwin L.-C. - 2011
This paper analyzes the setting of national patent policies in the global economy. In the standard model with free trade and social-welfare-maximizing governments à la Grossman and Lai (2004), cross-border positive policy externalities induce individual countries to select patent strengths that...
Persistent link: https://www.econbiz.de/10013122389
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Corporate Income Taxation of Multinationals and Fiscal Equalization
Liesegang, Caterina - 2009
This paper investigates the effect of fiscal equalization on the efficiency properties of corporate income tax rates chosen by symmetric countries in a Nash tax competition game under the taxation principles of Separate Accounting and Formula Apportionment. Fiscal equalization ensures efficiency...
Persistent link: https://www.econbiz.de/10013157189
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Unemployment and Gang Crime : Could Prosperity Backfire?
Poutvaara, Panu - 2008
Empirical evidence reveals that unemployment tends to increase property crime but that it has no effect on violent crime. To explain these facts, we examine a model of criminal gangs and suggest that there is a substitution effect between property crime and violent crime at work. In the model,...
Persistent link: https://www.econbiz.de/10012773601
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Tax Me If You Can! Optimal Nonlinear Income Tax between Competing Governments
Lehmann, Etienne - 2013
We investigate how the optimal nonlinear income tax schedule is modified when taxpayers can evade taxation by emigrating. We consider two symmetric countries with Maximin governments. Workers choose their labor supply along the intensive margin. The skill distribution is continuous, and, for...
Persistent link: https://www.econbiz.de/10013077452
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Image Concerns and the Political Economy of Publicly Provided Private Goods
König, Tobias - 2017
Governments often provide their citizens with goods and services that are also supplied in markets: education, housing, nutritional assistance, etc. We analyze the political economy of the public provision of private goods when individuals care about their social image. We show that image...
Persistent link: https://www.econbiz.de/10012962915
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Reforming an Institutional Culture of Corruption : A Model of Motivated Agents and Collective Reputation
Valasek, Justin - 2015
into the mission-oriented or private sector with motivated agents who also value the collective reputation of their place … high-reputation, low-wage equilibrium and a low-reputation, high-wage equilibrium, which raises the question of how an … from a low-reputation to a high-reputation steady state: Importantly, the effect of wages on motivation depend on the …
Persistent link: https://www.econbiz.de/10013010473
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Reputation in the Long-Run
Filippas, Apostolos - 2018
. We show that this “reputation inflation” is the equilibrium outcome of a model in which (a) inferences made by future …
Persistent link: https://www.econbiz.de/10012930078
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Incentives, Reputation and the Allocation of Authority
Englmaier, Florian - 2010
opportunistic behavior, but may cause the manager to pursue conservative courses of action to preserve his reputation. This …
Persistent link: https://www.econbiz.de/10013146792
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Reputational Herding in Financial Markets : A Laboratory Experiment
Roider, Andreas - 2015
We study reputational herding in financial markets in a laboratory experiment. In the spirit of Dasgupta and Prat (2008), career concerns are introduced in a sequential asset market, where wages for investors are set by subjects in the role of employers. Employers can observe investment...
Persistent link: https://www.econbiz.de/10013029493
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Centralised Labour Market Negotiations
Müller, Julia - 2013
This paper contributes to the analysis of central vs. decentral (firm-level) labour market negotiations. We argue that during negotiations on a central scale employers and employees plausibly take output market effects into account, while they behave competitively during firm-level negotiations....
Persistent link: https://www.econbiz.de/10013072513