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that labour markets clear competitively. At least for Europe which has been suffering fom high unemployment for a long time …, this assumption does not seem appropriate. This paper studies the optimal factor taxation in the presence of unemployment … the private sector playing a Nash game. The main conclusion is that in the presence of unemployment, the conventional …
Persistent link: https://www.econbiz.de/10001477212
I investigate the interaction between a country that imports a commodity whose production contributes to a stock pollution, such as electricity, from a country that produces that commodity. If the transboundary externality is priced improperly, the application of a feed-in tariff or border tax...
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that labour markets clear competitively. At least for Europe, which has been suffering from high unemployment f or a long … unemployment which results from the union-firm wage bargaining both with optimal and restricted profit taxation when capital is … the private sector playing a Nash game. The main conclusion is that in the presence of unemployment, the conventional …
Persistent link: https://www.econbiz.de/10009781554
that labour markets clear competitively. At least for Europe, which has been suffering from high unemployment for a long … unemployment which results from the union-firm wage bargaining both with optimal and restricted profit taxation when capital is … the private sector playing a Nash game. The main conclusion is that in the presence of unemployment, the conventional …
Persistent link: https://www.econbiz.de/10013321161
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Strategic environmental policy games are usually based on simultaneous decision making and reach the conclusion that the policy choices are strategic substitutes. Empirical evidence, however, shows that the introduction of a regulatory instrument usually follows a consecutive pattern that is...
Persistent link: https://www.econbiz.de/10008746832