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balance between those who gain from higher taxes/transfers and those who lose. In a stylized model of migration and human …
Persistent link: https://www.econbiz.de/10010291925
balance between those who gain from higher taxes/transfers and those who lose. In a stylized model of migration and human …
Persistent link: https://www.econbiz.de/10005764185
We develop a simple information-based model of FDI flows. On the one hand, the abundance of intangible' capital in specialized industries in the source countries, which presumably generates expertise in screening investment projects in the host countries, enhances FDI flows. On the other hand,...
Persistent link: https://www.econbiz.de/10005830555
Economists tend to favor the free �ow of capital across national borders, because it allows capital to seek out the highest rate of return. Unrestricted capital �ows may also o¤er several advantages, as noted by Feldstein (2000). First, international �ows reduce the risk faced by owners...
Persistent link: https://www.econbiz.de/10011261124
We develop a stylized EU-type model of a union consisting of rich, capital-abundant and high productivity countries, and poor, capital-scarce and low productivity countries. We address two main issues: the efficiency of tax competition and the effect of factor mobility on the size of the welfare...
Persistent link: https://www.econbiz.de/10010796720
Oates reminds us that tax competition among localities in the presence of capital mobility, may lead to inefficiently low tax rates (and benefits). In contrast, the Tiebout paradigm suggests that tax competition yields an efficient outcome, so that there are no gains from tax coordination. This...
Persistent link: https://www.econbiz.de/10008784912
Over the years, there emerged two key policy differences between Europe and America, both welfare and migration …-states. The former has more generous welfare state and more liberal migration policies than the latter. In this paper we attempt …
Persistent link: https://www.econbiz.de/10010951466
,capital-scarce and low productivity, countries, in order to explain key features of tax policies and inter- and intra-migration flows … migration flows, on the other hand, between rich and poor countries, within the union, and migration flows from the rest of the …
Persistent link: https://www.econbiz.de/10011083235
labor migration, that may nullify the "race to the bottom" hypothesis. Labor migration is governed by net-of-tax factor … into account the effect of taxes and migration on factor rewards and the fiscal burden imposed by migration on the decisive … state member state), with tax financed benefits which is able to control the volume and the skill-composition of migration …
Persistent link: https://www.econbiz.de/10008540045
Economists tend to favor the free ow of capital across national borders, because it allows capital to seek out the highest rate of return. Unrestricted capital ows may also o¤er several advantages, as noted by Feldstein (2000). First, international ows reduce the risk faced by owners of capital...
Persistent link: https://www.econbiz.de/10008470465