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Optimal Income Taxation with Tax Competition
Lipatov, Vilen; Weichenrieder, Alfons - CESifo - 2010
We introduce tax competition for mobile labor into an optimal-taxation model with two skill levels. We analyze a symmetric subgame-perfect Nash equilibrium of the game between two governments and two taxpayer populations. Tax competition reduces the distortion from the informational asymmetry...
Persistent link: https://www.econbiz.de/10008533992
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Subsidies for Wages and Infrastructure: How to Restrain Undesired Immigration
Fenge, Robert; Meier, Volker - CESifo - 2006
analyze a two-country model with free migration in which the rich country is characterized by minimum wage unemployment … stronger productivity growth in the poor country, reducing both migration flows and unemployment in the rich country. This …This paper investigates regional or international transfers as a means to prevent immigration into unemployment. We …
Persistent link: https://www.econbiz.de/10005094490
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Migration and Social Replacement Incomes: How to Protect Low-Income Workers in the Industrialized Countries Against the Forces of Globalization and Market Integration
Sinn, Hans-Werner - CESifo - 2004
replacement incomes implies migration into unemployment. Defending wages with replacement incomes brings about first …) exclusion of migrants from a national subsidy program makes it possible to avoid a distortion of the migration pattern. …
Persistent link: https://www.econbiz.de/10005181654
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On the Finite Sample Properties of Pre-Test Estimators of Spatial Models
Piras, Gianfranco - 2014
This paper explores the properties of pre-test strategies in estimating a linear Cliff-Ord-type spatial model when the researcher is unsure about the nature of the spatial dependence. More specifically, the paper explores the finite sample properties of the pre-test estimators introduced in...
Persistent link: https://www.econbiz.de/10013054957
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Quasi Maximum Likelihood Estimation of Spatial Models with Heterogeneous Coefficients
Aquaro, Michele - 2015
This paper considers spatial autoregressive panel data models and extends their analysis to the case where the spatial coefficients differ across the spatial units. It derives conditions under which the spatial coefficients are identified and develops a quasi maximum likelihood (QML) estimation...
Persistent link: https://www.econbiz.de/10013019407
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Unionisation Triggers Tax Incentives to Attract Foreign Direct Investment
Haufler, Andreas; Mittermaier, Ferdi - 2021
This paper analyses tax competition between a unionised and a non-unionised country for the location of an outside firm. We show that unionisation offers an extra incentive for the government to attract a foreign competitor to a concentrated domestic market, in order to affect the behaviour of...
Persistent link: https://www.econbiz.de/10013316523
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Fiscal Transfers in the Spatial Economy
Henkel, Marcel - 2018
Many countries operate pronounced fiscal equalization schemes that shift tax revenue across jurisdictions. We use a general equilibrium model with multiple asymmetric regions, costly trade and labor mobility to carve out the aggregate implications of this policy. Calibrating the model for...
Persistent link: https://www.econbiz.de/10012916533
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The Greek Debt Crisis : Likely Causes, Mechanics and Outcomes
Arghyrou, Michael - 2010
We use insights from the literature on currency crises to offer an analytical treatment of the crisis in the market for Greek government bonds. We argue that the crisis itself and its escalating nature are very likely to be the result of: (a) steady deterioration of Greek macroeconomic...
Persistent link: https://www.econbiz.de/10013135455
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The Greek Crisis : Causes and Consequences
Garcia Pascual, Antonio I. - 2011
Greece has reached a point where, under any plausible macroeconomic scenario, public debt will continue growing faster … solvency and closing the competitiveness gap. Yet we think Greece stands a better chance of accomplishing these goals from …
Persistent link: https://www.econbiz.de/10013117780
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Vignette Equivalence and Response Consistency : The Case of Job Satisfaction
Ferrer-i-Carbonell, Ada - 2011
We compare reported job satisfaction with vignette evaluations of hypothetical jobs by using a British, Greek and Dutch data set, containing 95 randomly assigned vignettes. In order to test comparability of international data sets recently the method of anchoring vignettes has been introduced by...
Persistent link: https://www.econbiz.de/10013117782