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The International Transmission and Effects of Fiscal Policies

Frenkel, Jacob A. - 1986

In recent years the world economy has been subject to large and unsyncronized changes in fiscal policies, high and volatile real rates of tnterest, large fluctuations in real exchange rates, and significant variations in private-sector spending. This paper reviews some of the key facts...

Persistent link: https://www.econbiz.de/10012477278

Migration and Fiscal Externality : US vs. Europe

Razin, Assaf - 2020

The paper compares migration policy and welfare state generosity between America and Europe. There is more selective skill-based migration policy in the US compared to the European Union. Policy coordination among states within the federal system on migration, taxes, and social benefits among...

Persistent link: https://www.econbiz.de/10012482345

Fiscal and Migration Competition

Razin, Assaf - 2010

The paper models the host country stylistically as a member of the core of an economic union (i.e., a core EU welfare …. The source country is modeled as an accession country to an economic union (i.e., through the EU enlargement treaty), with …

Persistent link: https://www.econbiz.de/10012462431

The Skill Composition of Migration and the Generosity of the Welfare State

Cohen, Alon - 2009

Skilled migrants typically contribute to the welfare state more than they draw in benefits from it. The opposite holds for unskilled migrants. This suggests that a host country is likely to boost (respectively, curtail) its welfare system when absorbing high-skill (respectively, low-skill)...

Persistent link: https://www.econbiz.de/10012463909

The Skill Composition of Immigrants and the Generosity of the Welfare State : Free vs. Policy-Controlled Migration

Cohen, Alon - 2008

on source-host, OECD-EU country pairs in the year 2000. The identification strategy is to use the decomposition the … source-host country pairs into two groups: one group, a "free migration" group, source-host country pairs within the EU, and … another group, "policy-controlled migration" group, the pairs from non-EU countries into the EU. We find evidence in support …

Persistent link: https://www.econbiz.de/10012464188

Vying for Foreign Direct Investment : A EU-type Model of Tax Competition

Razin, Assaf - 2006

among the EU 15 and EU 10 in the enlarged European Union, as of 2004. We also demonstrate that the notion that the mere …

Persistent link: https://www.econbiz.de/10012466680

Capital Income Taxation in the Globalized World

Razin, Assaf - 2004

the bottom. This behavior has been perhaps most pronounced in the EU-15 following the single market act of 1992. The 2004 … enlargement of the EU with 10 new entrants put a strong downward pressure on capital income taxation for the EU-15 countries. Tax …

Persistent link: https://www.econbiz.de/10012468062

The Stability and Growth Pact as an Impediment to Privatizing Social Security

Razin, Assaf - 2002

The aging of the population shakes the confidence in the economic viability of pay-as-you-go social security systems. We demonstrate how in a political-economy framework the shaken cofidence leads to the downsizing of the social security-system, and to the emergence of supplemental individual...

Persistent link: https://www.econbiz.de/10012469430

International VAT Harmonization : Economic Effects

Frenkel, Jacob A. - 1991

This paper highlights macroeconomic issues pertinent to the understanding of the international and domestic effects of international VAT harmonization. It outlines elements of the policies of VAT harmonization envisaged for Europe of 1992, and develops a basic tax model which is suitable for the...

Persistent link: https://www.econbiz.de/10012475346

Migration State and Welfare State : Competition vs. Coordination in an Economic Union

Razin, Assaf - 2015

of migration. We argue that the differences between the U.S. and the EU - the degree of coordination among the member …

Persistent link: https://www.econbiz.de/10012457063