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The Effect of Migration on Terror - Made at Home or Imported from Abroad?

Dreher, Axel - 2017

We analyze the causal effect of the stock of foreigners residing in a country on the probability of a terrorist attack in that country. Our instrument for the stock of foreigners relies on the interactions of two sets of variables. Variation across host-origin-dyads results from structural...

Persistent link: https://www.econbiz.de/10012955418

Behavioral Responses to Local Tax Rates : Quasi-Experimental Evidence from a Foreigners' Tax Scheme in Switzerland

Schmidheiny, Kurt - 2015

We study behavioral responses to local income taxes exploiting a special tax regime which applies to foreign employees residing in Switzerland. The used institutional setting generates two thresholds through which locally heterogeneous taxation is assigned: An income threshold at 120,000 Swiss...

Persistent link: https://www.econbiz.de/10013013490

The Influence of Labor Taxes on the Migration of Skilled Workers

Egger, Peter; Radulescu, Doina Maria - CESifo - 2008

This paper investigates empirically the role of taxes on labor for the stock of expatriates and the migration flows of … skilled workers. Given the increasing mobility of labour, especially of high-skilled people and expatriates, it is interesting … tax variables to estimate their effect on bilateral stocks of expatriates into OECD countries and the migration of skilled …

Persistent link: https://www.econbiz.de/10005405984

The Impact of Taxation on International Assignment Decisions - A Principal-Agent Approach

Martini, Jan Thomas; Niemann, Rainer - CESifo - 2013

-incentive trade-offs. Moreover, taxation can alter the assignment decision, especially if employees are sent abroad as expatriates so … expatriates have only little effects on the optimal assignment decision. …

Persistent link: https://www.econbiz.de/10010678210

The Euro Changeover and Price Adjustments in Italy

Caporale, Guglielmo Maria - 2011

By estimating a staggered price model over the period 1980q1-2010q2, this paper documents that, after the euro changeover, Italian retailers have increased the number of price adjustments, which has translated into a higher inflation rate, with a detrimental effect on the competitiveness of the...

Persistent link: https://www.econbiz.de/10013128041

Flexible Prices and Leverage

D'Acunto, Francesco - 2017

The frequency with which firms adjust output prices helps explain persistent differences in capital structure across firms. Unconditionally, the most exible-price firms have a 19% higher long-term leverage ratio than the most sticky-price firms, controlling for known determinants of capital...

Persistent link: https://www.econbiz.de/10012962123

Climate Change and Psychological Adaptation : A Behavioral Environmental Economics Approach

Aronsson, Thomas; Schöb, Ronnie - 2021

adaptation to changing life circumstances. People may adapt or become more sensitive, to different degrees, to a deteriorated … the consequences for optimal climate policies and argues from a normative point of view that psychological adaptation …

Persistent link: https://www.econbiz.de/10013315603

Nominal Exchange Rate Flexibility and Real Exchange Rate Adjustment : Evidence from Dual Exchange Rates in Developing Countries

Cheung, Yin-Wong; Lai, Kon S. - 2021

This study investigates whether greater nominal exchange rate flexibility aids real exchange rate adjustment based on data from dual exchange rates in developing countries. Specifically, we analyze whether the more flexible parallel market rate produces faster real exchange rate adjustment than...

Persistent link: https://www.econbiz.de/10013318352

Dissecting the PPP Puzzle : The Unconventional Roles of Nominal Exchange Rate and Price Adjustments

Cheung, Yin-Wong; Lai, Kon S.; Bergman, U. Michael - 2021

The conventional view, as expounded by sticky-price models, is that price adjustment determines the PPP reversion rate. This study examines the mechanism by which PPP deviations are corrected. Nominal exchange rate adjustment, not price adjustment, is shown to be the key engine governing the...

Persistent link: https://www.econbiz.de/10013319983

The New Stylized Facts about Income and Subjective Well-Being

Sacks, Daniel W.; Stevenson, Betsey; Wolfers, Justin - CESifo - 2013

In recent decades economists have turned their attention to data that asks people how happy or satisfied they are with their lives. Much of the early research concluded that the role of income in determining well-being was limited, and that only income relative to others was related to...

Persistent link: https://www.econbiz.de/10010877842