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Many countries apply lower fines to tax evading individuals when they voluntarily disclose the tax evasion they committed. I model such voluntary disclosure mechanisms theoretically and show that while such mechanisms increase the incentive to evade taxes, they nevertheless increase tax revenues...
Persistent link: https://www.econbiz.de/10010518796
incentives to implement such a trigger? We construct a theoretical model of a bank that is financed with debt and equity, and a …. However, we show that the board may implement a contract with insufficient incentives to communicate a warning, as refinancing …
Persistent link: https://www.econbiz.de/10010467356
&D cooperation. This paper explores this idea by analysing on the one hand the incentives for EU, Japan and Russia to adopt this … strategy, and on the other hand the incentives for the US to join a coalition which cooperates both on climate change control … and R&D) will be examined from the view point of countries profitability and free-riding incentives. Finally, after having …
Persistent link: https://www.econbiz.de/10011409394
incidence of domestic violence. Instead, specific measures and incentives may have to be targeted at different types of …
Persistent link: https://www.econbiz.de/10009388372
research. Such research indicates, for example, that more effective programs contain both positive and negative incentives …
Persistent link: https://www.econbiz.de/10011410428
We study the effect of electoral incentives on the allocation of public services across legislative districts. We …
Persistent link: https://www.econbiz.de/10009011938
We investigate whether the decision to experiment with novel policies is influenced by electoral incentives. Our …. We find that electoral incentives matter: governors with strong electoral support are less likely to experiment with … striving for reelection. The importance of electoral incentives is robust to controlling for governor ideology, voter …
Persistent link: https://www.econbiz.de/10011814867
A lack of platform-level competition among digital marketplaces can result in socially inefficient platform design and meaningful welfare losses, even independent of actively anticompetitive behavior. To illustrate the first-order effects platform design can have on competitive outcomes, I...
Persistent link: https://www.econbiz.de/10012534177
As with the market for goods and services, democratic competition involves political parties offering their services (policy programs) to citizen-consumers who vote for their preferred partisan supplier. Little is known about the partial effect of a shift in parties' seat shares for given voter...
Persistent link: https://www.econbiz.de/10009707614
The determinants of portfolio choice have been studied extensively in the field of household finance. In this paper we study the determinants of the decision to hold risky assets based on a novel dataset of German bank data. Our primary focus is the question whether East Germans differ in their...
Persistent link: https://www.econbiz.de/10010481348