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Persistent link: https://www.econbiz.de/10012433373
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Globalization and European integration are substantially changing the interregional division of labor in Europe and the … integration (such as the new economic geography, urbanization economics, and the theory of comparative advantages), surveys the …
Persistent link: https://www.econbiz.de/10010265464
Globalization and European integration are substantially changing the interregional division of labor in Europe and the … integration (such as the new economic geography, urbanization economics, and the theory of comparative advantages), surveys the …
Persistent link: https://www.econbiz.de/10011495323
Evidence on the portfolio holdings and transaction patterns of households suggests that the burden of inflation is not evenly distributed. We build a monetary growth model consistent with key features of cross- sectional household data and use this framework to study the distributional impact of...
Persistent link: https://www.econbiz.de/10010292039
This paper shows that a manufacturer may benefit from parallel trade. In addition to an intuitive condition about the effect of demand shocks, this occurs when competitive retailers must order inventories before they know the realization of demand and for products whose sale value drops at the...
Persistent link: https://www.econbiz.de/10010296243
The introduction of a flat tax is supposed to have several advantages. Administration and compliance costs are reduced, as well as incentives for tax evasion. Furthermore, positive employment and growth effects are expected. Despite these advantages, a flat rate tax is not very popular in most...
Persistent link: https://www.econbiz.de/10010297020
We analyze the distribution of economic activity across space for different types of activity and different levels of … aggregation. Not only is this distribution highly uneven (independently of the type of activity and level of aggregation), it is … also remarkably regular regarding its size distribution (rank-size rule or Zipf’s Law) and regarding its interaction …
Persistent link: https://www.econbiz.de/10010326749
There currently exist two competing approaches in the literature on the optimal provision of public goods. The standard approach highlights the importance of distortionary taxation and distributional concerns. The new approach neutralizes distributional concerns by adjusting the non-linear...
Persistent link: https://www.econbiz.de/10010264551
This paper analyzes the interplay of growth, (re-)distribution and policies when the latter are set exogenously or when …
Persistent link: https://www.econbiz.de/10010266883