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Fiscal and Migration Competition
Razin, Assaf - 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/10013142237
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Goods and Factor Market Integration : A Quantitative Assessment of the EU Enlargement
Caliendo, Lorenzo - 2017
The economic effects from labor market integration are crucially affected by the extent to which countries are open to trade. In this paper we build a multi-country dynamic general equilibrium model with trade in goods and labor mobility across countries to study and quantify the economic...
Persistent link: https://www.econbiz.de/10012948334
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Emu Enlargement, Policy Uncertainty and Economic Reforms
Hefeker, Carsten - 2021
The paper analyzes the relation between monetary uncertainty and government incentives to implement economic reforms that reduce structural distortions and make economies more flexible. It is shown that uncertainty about the central bank's reaction function leads to more reforms. I relate this...
Persistent link: https://www.econbiz.de/10013317517
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Immigration, Search, and Redistribution : A Quantitative Assessment of Native Welfare
Battisti, Michele - 2014
We study the effects of immigration on native welfare in a general equilibrium model featuring two skill types, search … studied, immigration attenuates the effects of search frictions. These gains tend to outweigh the welfare costs of … redistribution. Immigration has increased native welfare in almost all countries. Both high-skilled and low-skilled natives benefit …
Persistent link: https://www.econbiz.de/10013044669
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Migration into the Welfare State : Tax and Migration Competition
Razin, Assaf - 2013
In this paper I provide some support to the Tiebout hypothesis. It suggests that when a group of host countries faces an upward supply of immigrants, tax competition does not indeed lead to a race to the bottom; competition may lead to higher taxes than coordination. We identify a fiscal...
Persistent link: https://www.econbiz.de/10013082005
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Immigration and Internal Mobility in Canada
Beine, Michel A. R. - 2014
suggests that, in general, the impact of immigration on labor market conditions depends critically on the way immigrants are …
Persistent link: https://www.econbiz.de/10013051620
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Immigration, Unemployment and Growth in the Host Country : Bootstrap Panel Granger Causality Analysis on OECD Countries
Boubtane, Ekrame; Coulibaly, Dramane; Rault, Christophe - 2021
This paper examines the causality relationship between immigration, unemployment and economic growth of the host … 1980-2005 period for 22 OECD countries, we find that, only in Portugal, unemployment negatively causes immigration, while … in any country, immigration does not cause unemployment. On the other hand, our results show that, in four countries …
Persistent link: https://www.econbiz.de/10013315792
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Migration and the Welfare State : Dynamic Political-Economy Theory
Razin, Assaf - 2010
We model an overlapping-generations economy with two skill levels: skilled and unskilled. The welfare-state is modeled simply by a proportional tax on labor income to finance a demogrant in a balanced-budget manner. Therefore, some (the unskilled workers and old retirees) are net beneficiaries...
Persistent link: https://www.econbiz.de/10013146334
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Real Convergence, Capital Flows, and Competitiveness in Central and Eastern Europe
Belke, Ansgar Hubertus; Schnabl, Gunther; Zemanek, Holger - 2021
The paper scrutinizes the role of wages and capital flows for competitiveness in the new EU member states in the context of real convergence. For this purpose it extends the seminal Balassa-Samuelson model by international capital markets. The augmented Balassa-Samuelson model is linked to the...
Persistent link: https://www.econbiz.de/10013316298
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The European Social Welfare Function Shaped on a Difference Principle : A Normative Rawlsian Approach in Favour of Fiscal Union
Klaser, Klaudijo - 2018
. However, there is an equally important component of moral-normative nature embodied in the constitution of any fiscal system …
Persistent link: https://www.econbiz.de/10012910615