Showing 1 - 10 of 3,853
) strategic interactions appear to emerge from tax competition rather than yardstick competition, with capital controls and fiscal … the political agency (yardstick competition) does not necessarily engender a "race to the bottom". …
Persistent link: https://www.econbiz.de/10010479922
III rules, thus suggesting a 'race to the top' in capital standards. We study regulatory competition when banks are …
Persistent link: https://www.econbiz.de/10011447527
When confronted with market weaknesses and failures determining sustainability problems for environmental common-pool resources, economic analysis has proposed government intervention as the only alternative available. Elinor Ostrom showed that this dichotomy between market and government is not...
Persistent link: https://www.econbiz.de/10010223360
? National income accounts do not take into account non-market activities. Some progress has been made in the theory and …
Persistent link: https://www.econbiz.de/10012177002
While the old systems competition took place with closed borders, globalisation has brought about a new type of systems … competition that is driven by the mobility of factors of production. The new systems competition will likely imply the erosion of … induced the respective government activity in the first place. The new systems competition will force inefficient governments …
Persistent link: https://www.econbiz.de/10011408441
This paper investigates optimal contest design when the designer s payoff is increasing in competitive balance between contestants. A two-player contest with asymmetric effort costs (asymmetric abilities) is considered. Competitive balance is measured by the difference in winning probabilities...
Persistent link: https://www.econbiz.de/10011509371
evaluation of the fiscal treatment of one resource must account for the simultaneous adjustment of both. -- fiscal competition …
Persistent link: https://www.econbiz.de/10003888053
It is often argued that tax competition may lead to a 'race to the bottom'. This result may indeed hold in the case of … importantly also by the benefits that the welfare state provides. The paper analyzes fiscal competition with and without migration … productivity) engage in fiscal competition. Using numerical simulations we examine how the migration and tax policies are shaped …
Persistent link: https://www.econbiz.de/10003974528
Persistent link: https://www.econbiz.de/10003623826
Persistent link: https://www.econbiz.de/10003498643