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The determinants of investment behaviour are essentially preferences, endowments, production possibilities and institutions. While there is a vast literature discussing the effect of different combinations of the latter three dimensions for given preferences, very little research effort has been...
Persistent link: https://www.econbiz.de/10014065534
The objective of this paper is to analyze the procedures used by multinational enterprises to distribute the income generated by its foreign subsidiaries, and how they allocate the taxes paid on this income through the fiscal jurisdiction in which they operate, from the institution based view....
Persistent link: https://www.econbiz.de/10013090476
Persistent link: https://www.econbiz.de/10013133086
We conduct a general analysis of the effects of inequality aversion on decisions by homogeneous players in static and dynamic games. We distinguish between direct and indirect effects of inequality aversion. Direct effects are present when a player changes his action to affect disutility caused...
Persistent link: https://www.econbiz.de/10009487574
Policymakers frequently use price regulations as a response to inequality in the markets they control. In this paper, we examine the optimal structure of such policies from the perspective of mechanism design. We study a buyer-seller market in which agents have private information about both...
Persistent link: https://www.econbiz.de/10012852650
This paper aims to explain the rise and fall of communism by exploring the interplay between economic incentives and social preferences transmitted by ideology. We introduce inequality-averse and inefficiency-averse agents and analyze their conflict through the interaction between leaders with...
Persistent link: https://www.econbiz.de/10011737097
The paper examines the effect of FDI and its interaction with trade openness on income inequality in Nigeria. In doing this, the DOLS estimator is employed to analyse annual time series data covering the period from 1981 to 2015. The study finds that FDI inflows positively affect income...
Persistent link: https://www.econbiz.de/10012826614
This paper analyses the effects of Oportunidades conditional cash transfer program on school attendance and household income distribution, accounting for its partial and general equilibrium effects. Linking a microeconometric simulation model and a general equilibrium model in a bidirectional...
Persistent link: https://www.econbiz.de/10013065263
Many loan applicants and households face the problem of loan refusal but researchers passively discuss it and do not consider discussing its intensity. This paper uses the fifth round of the Ghana Living Standards Survey data, employing the logit and Poisson regression models on loan refusal as...
Persistent link: https://www.econbiz.de/10012864621
This paper presents a connecting methodology in order to trace the emerging dynamics of inequality for the youth populace of Europe. We determine that the development of these dynamics are directly affected by the advancement of technology, and especially related to Information and Communication...
Persistent link: https://www.econbiz.de/10013021498