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Is Human Capital Losing from Outsourcing? Evidence for Austria and Poland

Lorentowicz, Andzelika - 2006

and Poland that with the new international division of labour emerging in Europe Austria, the high income country, is … specializing in the low skill intensive part of the value chain and Poland, the low income country, is specializing in the high … skill part. As a result, skilled workers in Austria are losing from outsourcing, while gaining in Poland. In Austria …

Persistent link: https://www.econbiz.de/10012783602

Unconventional Fiscal Policy

D'Acunto, Francesco; Hoang, Daniel; Weber, Michael - 2021

the effectiveness of such policies using changes in value-added tax (VAT) and household survey data for Poland. We find …

Persistent link: https://www.econbiz.de/10013315437

Unconventional Fiscal Policy, Inflation Expectations, and Consumption Expenditure

D'Acunto, Francesco - 2016

Unconventional fiscal policies incentivize households to accelerate consumption by generating future consumer price ination, and offer an alternative to unconventional monetary policy (Correia et al. (2013)). We use a natural experiment to study the causal effect of unconventional fiscal...

Persistent link: https://www.econbiz.de/10012995195

Uncertainty and Hyperinflation : European Inflation Dynamics after World War I

Lopez, Jose A. - 2018

pushing a subset of European countries into hyperinflation shortly after the end of the war. Germany, Austria, Poland, and …

Persistent link: https://www.econbiz.de/10012915083

Stock Market Integration between Three CEECs, Russia and the UK

Caporale, Guglielmo Maria - 2013

Central and Eastern European countries (CEECs), specifically the Czech Republic, Hungary, and Poland, and both the UK and …

Persistent link: https://www.econbiz.de/10013095004

Implementation of Communication Equilibria by Correlated Cheap Talk : The Two-Player Case

Vida, Peter - 2011

We show that essentially every communication equilibrium of any finite Bayesian game with two players can be implemented as a strategic form correlated equilibrium of an extended game, in which before choosing actions as in the Bayesian game, the players engage in a possibly infinitely long (but...

Persistent link: https://www.econbiz.de/10013128960

Ageing, Government Budgets, Retirement, and Growth

Gonzalez-Eiras, Martín - 2011

We analyze the short and long run effects of demographic ageing - increased longevity and reduced fertility - on per-capita growth. The OLG model captures direct effects, working through adjustments in the savings rate, labor supply, and capital deepening, and indirect effects, working through...

Persistent link: https://www.econbiz.de/10013129861

Emotions in Litigation Contests

Baumann, Florian - 2011

This paper introduces the concept of emotions into the standard litigation contest. Positive (negative) emotions emerge when litigants win (lose) at trial and are dependent in particular on the level of defendant fault. Our findings establish that standard results of litigation contests change...

Persistent link: https://www.econbiz.de/10013129864

Commodity Tax Structure Under Uncertainty in a Perfectly Competitive Market

Goerke, Laszlo - 2011

In a partial equilibrium setting without price uncertainty, the balanced-budget substitution of an ad valorem tax on output for a specific (unit) tax can enhance welfare in imperfectly competitive markets and is without impact in a competitive world. This paper demonstrates that a substitution...

Persistent link: https://www.econbiz.de/10013130099

Strategic Nonlinear Income Tax Competition with Perfect Labor Mobility

Bierbrauer, Felix J. - 2011

Tax competition between two governments who choose nonlinear income tax schedules to maximize the average utility of its residents when skills are unobservable and labor is perfectly mobile is examined. We show that there are no Nash equilibria in which there is a skill type that pays positive...

Persistent link: https://www.econbiz.de/10013130417

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