In this survey of some central issues of tax and expenditure policy in an open economy, the authors consider the implications for policy of free--although not necessarily perfect--international mobility of commodities, capital, and labor. They examine the issues both from a positive and a...

A model of labor supply is formulated in which increased effort results in an increase in the probability of promotion. A simple benchmark model is extended in two directions. The first emphasizes the link between labor supply and saving decisions. The other takes account of the interaction...

Three game theoretic issues of international trade and commercial policy are examined fro m the special perspective of small countries. In oligopolistic market s, the question is when their ability to remain credibly small player s can be an advantage. In negotiations about trade regimes, small...