This paper characterises the domestic tax systems which yield Pareto-efficient outcomes for a two-country world economy … when each country uses its domestic tax system to influence ist terms of trade. In such circumstances, the implementation … of domestic tax systems which achieve a globally Pareto-efficient outcome as a Nash equilibrium will be very difficult …

The European Union has recently proposed sectoral tax differentiation as a policy to fight unemployment. The member … paper provides a theoretical analysis of the effects of such tax reforms, with particular emphasis on the international … trade. We examine how national and supranational commodity tax policies affect sectoral and total employment and …

This paper analyses the implications of a currently publicly debated issue, namely the introduction of a bonus tax. We … shed light on the effects of the bonus tax on compensation components and study its incidence. We use the Principal Agent … based compensation component always rises in the country introducing the tax such that the optimal contracts are tilted …

relative income. It shows that tax progressivity might improve efficiency, and the more so in egalitarian economies …. Introducing a progressive income tax can yield a Pareto improvement if pre-tax income is evenly distributed. Implementing … undistorted choices of working hours requires a progressive tax schedule, and the optimal degree of progressivity decreases with …

An important puzzle in corporate taxation is that effective tax rates have fallen significantly while tax revenue has … simultaneously risen in most countries. Moreover, the gross profitability of firms seems to be lower in high-tax countries, even … stylized facts by setting up a simple two-country model of tax competition with heterogeneous firms. In this model a unique …

oligopoly. We find that in the short run, i.e. when the number of firms in both markets is exogenous, the results concerning tax … overshifting of both taxes is more likely to occur and is more pronounced under upstream oligopoly. As a result of this, a tax … short run while this is not true for the ad valorem tax in the long run. We show that it is normally more efficient to tax …

burden stemming from the tax-induced distortion in the allocation of capital across the corporate and the non … would change compared with a sector-neutral tax system which assures an identical effective tax burden on both sectors. Our …