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In this paper fiscal policy is examined for an open economy characterised by unemployment due to efficiency wages. We allow for capital and firm mobility in a model where the government chooses the level of wage, source-based capital and profit taxation. The taxing choices of governments are...
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In this paper fiscal policy is examined for an open economy characterised by unemployment due to efficiency wages. We allow for capital and firm mobility in a model where the government chooses the level of wage, source-based capital and profit taxation. The taxing choices of governments are...
Persistent link: https://www.econbiz.de/10001870765
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novel German data on self-reported comparison intensity and perceived relative income for seven reference groups. We find … negative correlations between comparison intensity and SWB for colleagues, people in the same occupation and friends, but not …
Persistent link: https://www.econbiz.de/10011346880