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Procurement law is rising in importance year after year. According to the European Commission, public procurement now accounts for over 14% of the EU's gross domestic product. Also at the ECB, spending through procurement is growing, and the evolution of its procurement law from non- binding...
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This contribution develops a theory on the impact of differentiation on integration and unity among EU member states … and discusses empirical evidence from four policy areas. According to the theory, the centripetal effects of closer … respective policy area in terms of public goods theory. The eventual participation of initially reluctant member states, which …
Persistent link: https://www.econbiz.de/10014129884
There is evidence for a strong demand for safety, both steady and inelastic. A sudden loss of safe assets played a key role in the financial crisis and European sovereign debt crisis. I show that a common fiscal policy can benefit all member states of a monetary union by offering a more...
Persistent link: https://www.econbiz.de/10013307024
We estimate the response of product-level retail prices to changes in the corporate tax rates paid by wholesale producers (pass-through). Under perfect competition in goods and factor markets, pass-through of corporate taxes should be zero, and their incidence mainly falls on factor prices. We...
Persistent link: https://www.econbiz.de/10014080686
This case note discusses two CJEU cases concerning EU motor insurance law, namely Case C-277/12 (Vitalijs Drozdovs) and C-22/12 (Katarína Haasová). The case note commences with summarising the facts of both cases, continuing with an overview of the Advocate General's Opinion and then the...
Persistent link: https://www.econbiz.de/10013033125
We analyze the effects of introducing a two tier structure of capital taxation, where the asymmetric member states of a union choose a common, central tax rate in the first stage, and then non-cooperatively set local tax rates in the second stage. We show that this mechanism effectively reduces...
Persistent link: https://www.econbiz.de/10009671844
The tax competition for mobile capital, in particular the reluctance of small countries to agree on measures of tax coordination, has ongoing political and economic fallouts within Europe. We analyse the effects of introducing a two tier structure of capital taxation, where the asymmetric member...
Persistent link: https://www.econbiz.de/10009691695
The tax competition for mobile capital, in particular the reluctance of small countries to agree on measures of tax coordination, has ongoing political and economic fallouts within Europe. We analyse the effects of introducing a two tier structure of capital taxation, where the asymmetric member...
Persistent link: https://www.econbiz.de/10009720316