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Tax Me If You Can! Optimal Nonlinear Income Tax between Competing Governments

Lehmann, Etienne; Simula, Laurent; Trannoy, Alain - CESifo - 2013

margin. The skill distribution is continuous, and, for each skill level, the distribution of migration cost is also … migration is decreasing in the skill level. When the semi-elasticity of migration is increasing in the skill level, either … negative. Numerical simulations are calibrated using plausible values of the semi-elasticity of migration for top income …

Persistent link: https://www.econbiz.de/10010877657

Regional Implications of Financial Market Development: Credit Rationing, Trade, and Location

Ehrlich, Maximilian Von; Seidel, Tobias - CESifo - 2013

We develop a heterogeneous-firms model with trade in goods, labor mobility and credit constraints due to moral hazard. Mitigating financial frictions reduces the incentive of high-skilled workers to migrate to one region such that an unequal distribution of industrial activity becomes less...

Persistent link: https://www.econbiz.de/10010877832

Voting on Public Pensions With Hand and Feet: How Young Migrants Try to Escape From Gerontocracy

Haupt, Alexander; Peters, Wolfgang - CESifo - 2001

, nevertheless, is restricted by migration of the young generations. This connection between political voting on intergenerational … case in which the young generations‘ migration decision takes its effect on future pensions into account (strategic … migration) and the case in which it only reflects differentials in labor income (myopic migration). The paper also pays …

Persistent link: https://www.econbiz.de/10005181513

Portability of Pension, Health, and other Social Benefits: Facts, Concepts, and Issues

Holzmann, Robert; Koettl, Johannes - CESifo - 2012

Portability of social benefits across professions and countries is an increasing concern for individuals and policy makers. Lacking or incomplete transfers of acquired social rights are feared to negatively impact individual labor market decisions as well as capacity to address social risks with...

Persistent link: https://www.econbiz.de/10010595382

Tax Deductibility of Commuting Expenses and Residential Land Use with more than one Center

Wrede, Matthias - CESifo - 2003

This paper analyzes the treatment of commuting expenses by the income tax code from a normative and a positive point of view within a continuous space framework with endogenous residence choices and perfect labor mobility. As commuting expenses should never be deductible from the income tax base...

Persistent link: https://www.econbiz.de/10005406069

Ehrlich, Maximilian Von; Seidel, Tobias - CESifo - 2012

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/10010598915

Fiscal Competition for Imperfectly-Mobile Labor and Capital: A Comparative Dynamic Analysis

Wildasin, David E. - CESifo - 2009

Interjurisdictional flows of imperfectly-mobile migrants, investment, and other productive resources result in the costly dynamic adjustment of resource stocks. This paper investigates the comparative dynamics of adjustment to changes in local fiscal policy with two imperfectly mobile productive...

Persistent link: https://www.econbiz.de/10008583705

Strategic Nonlinear Income Tax Competition with Perfect Labor Mobility

Bierbrauer, Felix; Brett, Craig; Weymark, John A. - CESifo - 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/10008833926

Labor Mobility and Fiscal Policy in a Currency Union

Baglioni, Angelo; Boitani, Andrea; Bordignon, Massimo - CESifo - 2015

Labor mobility is commonly taken as a property of an optimal currency area. But how does that property affect the outcome of fiscal policies? In our model, we show that perfect (costless) labour mobility is not necessarily welfare improving, since it prevents the national fiscal authorities from...

Persistent link: https://www.econbiz.de/10011122681

International Student Migration : A Partial Identification Analysis

Meango, Romuald - 2014

This paper studies the decision made by a family to invest in student migration. We propose an empirical structural … this procedure. We study the characteristics of potential candidates to migration that increase or decrease their … complete a Master's degree doubles the odds of migration, there is little evidence of gender preference, students migrants are …

Persistent link: https://www.econbiz.de/10013056819