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This paper analyzes the incentives of the members of a committee to acquire skills, when they will share a fixed budget among them in ex-post negotiations. Skills are interpreted as the ability to manage a collective budget, in the sense that shares assigned to skilled agents generate positive...
Persistent link: https://www.econbiz.de/10010610797
This note analyzes the efficiency properties of the equilibrium in a multilateral bargaining game in which a legislature divides a budget among collective and particularistic goods. We extend the model of Volden and Wiseman (2007) by considering smooth utility functions and consensus...
Persistent link: https://www.econbiz.de/10010835346
This study analyzes the efficiency of equilibria in a multilateral bargaining game in which a legislature divides its budget among collective and particularistic goods. In order to disentangle the causes of inefficiency, we extend the model of Volden and Wiseman (Am Polit Sci Rev 101:79–92, <CitationRef...</citationref>
Persistent link: https://www.econbiz.de/10011154742
This paper analyzes the investment decisions of the members of a committee when a subsequent bargaining process determines the distribution of a divisible good among them. The shares allocated to investing agents generate positive consumption externalities. We show that agents’ investments...
Persistent link: https://www.econbiz.de/10011116895
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En el presente trabajo se analizan los efectos que han tenido sobre la desigualdad, la redistribución y la pobreza las recientes reformas del IRPF en Baleares. Los datos provienen de los registros fiscales suministrados por IEF-AEAT: muestra de declarantes y no declarantes del IRPF de 2006. Los...
Persistent link: https://www.econbiz.de/10008927006
This paper studies the effect of the inception of the euro on the international tourism of the Eurozone. To do this, a gravity model is estimated using two different samples, the OECD countries and the European OECD countries, over the period 1995-2008. The results suggest a noticeable impact of...
Persistent link: https://www.econbiz.de/10010700594
In this paper, we use a Micro-Macro model to evaluate the effects of a euro's depreciation on the French economy, both at the macro and micro level. Our Micro-Macro model consists of a Microsimulation model that includes an arithmetical model for the French fiscal system and two behavioral...
Persistent link: https://www.econbiz.de/10010752765
The present work studies optimal taxation of labour income when taxpayers are allowed to evade taxes. The analysis is conducted within a general non-linear tax framework, providing a characterisation of the solution for risk-neutral and risk-averse agents. For risk-neutral agents the optimal...
Persistent link: https://www.econbiz.de/10011127987