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Persistent link: https://www.econbiz.de/10005323845
We examine the relationship between international policy coordination and domestic policy reputation when both are self-sustaining. We show that domestic policy commitment does not necessarily facilitate international cooperation; rather, efficient policies may be most easily sustained when...
Persistent link: https://www.econbiz.de/10005077720
Empirical studies of intergenerational social mobility have found that women are more mobile than men. To explain this finding, we describe a model of multi-trait matching and inheritance, in which individuals’ attractiveness in the marriage market depends on their market and non-market...
Persistent link: https://www.econbiz.de/10009320404
We consider a setting in which capital taxation is characterized by two distortions working in opposite directions. On one hand, governments engage in tax competition and are tempted to lower capital tax rates. On the other hand, they are unable to commit to future policies and, once capital has...
Persistent link: https://www.econbiz.de/10009328161
We examine the relationship between international policy coordination and domestic policy reputation when both are self-sustaining. We show that domestic policy commitment does not necessarily facilitate international cooperation; rather, efficient policies may be most easily sustained when...
Persistent link: https://www.econbiz.de/10009328162
We consider a small open economy that faces a commitment problem in trade liberalization. We examine how the relationship with a large trading partner affects the ability of the small countrys government to sustain free trade through a reputational mechanism. If the small country’s government...
Persistent link: https://www.econbiz.de/10009328164
Persistent link: https://www.econbiz.de/10008590602
Rules on special and differential treatment (SDT) constitute the centerpiece of the WTO's strategy for integrating developing countries into the world trading system. We examine the theoretical rationale for SDT when trade liberalization in developing countries is impeded by a policy commitment...
Persistent link: https://www.econbiz.de/10010814348
Empirical studies of intergenerational social mobility have found that women are more mobile than men. To explain this finding, we describe a model of multitrait matching and inheritance, in which individuals’ attractiveness in the marriage market depends on their market and non-market...
Persistent link: https://www.econbiz.de/10010758524
Persistent link: https://www.econbiz.de/10007893921