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This paper analyzes the impact of tax competition between two countries of unequal per-capita capital endownments on tax rates and efficiency when distorting wage, residence-based and source-based capital taxes (or any combination of two instruments) are available for governments. The national...
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Die Arbeit untersucht die Wohlfahrtswirkungen des internationalen Steuerwettbewerbs sowie die Notwendigkeit und Möglichkeit einer Koordination der Steuersysteme im Bereich der direkten Steuern. Hierzu wird der Zusammenhang zwischen den Rahmenbedingungen, unter denen ein Steuerwettbewerb...
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In this study, we analyze the investment-timing problem and introduce a model of two firms competing for investment … preemption, each of which knows in advance the time at which the economic condition that will have an impact on the investment … changes. We qualitatively show how two firms strategically optimize their investment timing, taking into account competition …
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