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Wedges : Distribution, Distortions, and Market Integration

Bertola, Giuseppe - 2017

This paper proposes a stylized model of policy determination and imperfect international integration. A country-specific policy wedge corrects labor market imperfections and/or redistributes welfare across differently wealthy agents. Capital market integration with the rest of the world, indexed...

Persistent link: https://www.econbiz.de/10012947618

Competition for Firms in an Oligopolistic Industry : Do Firms or Countries Have to Pay?

Haufler, Andreas; Wooton, Ian - 2021

We set up a model of generalised oligopoly where two countries of different size compete for an exogenous, but variable, number of identical firms. The model combines a desire by national governments to attract internationally mobile firms with the existence of location rents that arise even in...

Persistent link: https://www.econbiz.de/10013317085

The Demands for Environmental Regulation and for Trade in the Presence of Private Mitigation

Hotte, Louis; Winer, Stanley L. - 2021

We study the nature of individual demands for environmental regulation and for trade openness in the general … respect to the stringency of regulation. Moreover, even though trade has the potential to benefit everyone, the poor may … oppose trade openness because of a concern that laxer environmental regulation will then be imposed in the interest of the …

Persistent link: https://www.econbiz.de/10013316421

Competition for Migrants in a Federation : Tax or Transfer Competition?

Köthenbürger, Marko - 2012

The paper provides an equilibrium analysis of how countries compete for migrants. The type of competition (tax or transfer competition) depends on whether the competing countries have similar policy preferences. With symmetric preferences, countries compete in taxes for migrants. With asymmetric...

Persistent link: https://www.econbiz.de/10013111835

Migration and Redistribution : Why the Federal Governance Structure of the Economic Union Matters

Razin, Assaf - 2016

We argue that the degree of coordination among the member states potentially contribute a great deal to our understanding of observed policy differences between the EU and the US as economic unions: the generosity of the welfare state and the skill composition of migration

Persistent link: https://www.econbiz.de/10012988304

Should Income Inequality Be Praised? Multiple Public Goods Provision, Income Distribution and Social Welfare

Itaya, Jun-ichi - 2017

voluntarily supplied public goods; specifically, we show that not only an income inequality-raising redistribution policy but also … allowed, an inequality-raising redistribution policy is no longer effective and leaves social welfare unchanged …

Persistent link: https://www.econbiz.de/10012965708

Globalization, Jobs, and Welfare : The Roles of Social Protection and Redistribution

Ranjan, Priya - 2015

optimal redistribution and social protection policies are in place, globalization necessarily improves social welfare …

Persistent link: https://www.econbiz.de/10013028782

Optimal Redistribution and Monitoring of Labor Effort

Zoutman, Floris T. - 2014

This paper extends the Mirrlees (1971) model of optimal non-linear income taxation with a monitoring technology that allows the government to verify labor effort at a positive, but non-infinite cost. Monitored individuals receive a penalty, which increases if individuals earn a lower income...

Persistent link: https://www.econbiz.de/10013057256

Incorporating Affirmative Action into the Welfare State

Blumḳin, Tomer; Margaliyot, Yoram; Tsadḳah, Efrayim - 2021

In this paper, we discuss a novel aspect of affirmative action policy. We examine its redistributive role, asking whether in an egalitarian society, supplementing the tax-transfer system with an affirmative action policy would enhance social welfare

Persistent link: https://www.econbiz.de/10013317031

The Political Economy of Redistribution Policy

Bellani, Luna - 2016

We review the literature on the public choice approach to explaining redistribution policies. The focus is on policies … that are pursued with the sole reason to redistribute initial endowments. Moreover, we restrict ourselves to redistribution … in democracies. In democratic settings, generic redistribution games lack equilibria. Structure-inducing rules that give …

Persistent link: https://www.econbiz.de/10012977205