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We study a model of tax competition between two countries when both skilled and unskilled workers make their migration decisions simultaneously and wages are endogenously determined. If both factors of production are allowed to migrate freely and when the demand for skilled labor is not so...
Persistent link: https://www.econbiz.de/10009467793
Countries around the world continue to tax corporate income at significant rates despite downward pressures from international competition. Average statutory corporate income tax rates fell from 46% in 1982 to 33% in 1999, though tax bases simultaneously broadened, as a result of which average...
Persistent link: https://www.econbiz.de/10009477303
Economic integration and mobility of capital have set the ground for a significant competition over resources. Tax competition for internationally mobile tax bases such as foreign direct investments has become an important matter of study. Nevertheless, literature has focused on a regional or...
Persistent link: https://www.econbiz.de/10009463392
As networks improve and new services emerge, questions arise that affect service deployments and network choices. The Internet is arguably a successful example of a network shared by many services. However, combining heterogeneous services on the same network need not always be the right answer,...
Persistent link: https://www.econbiz.de/10009438861
This dissertation contains three essays that can be read independently. The first chapter examines how a debt crisis can occur and persist as a result of unanticipated, transitory, real interest rate and commodity price shocks. Using an optimal stopping framework, the debtor country's optimal...
Persistent link: https://www.econbiz.de/10009439095
equilibrium theory. Consider, for instance, the case of the efficiency of forward exchange rates vis-a-vis spot rates. Depending …
Persistent link: https://www.econbiz.de/10009441845
This study is an empirical analysis of household expenditure behavior using the Linear and Quadratic Expenditure Systems. The expenditure systems are estimated using data collected in 1972 by the Departmento Administrativo Nacional de Estadisticas (DANE) of Bogota, Colombia. The Linear...
Persistent link: https://www.econbiz.de/10009441861
My dissertation research is composed of two parts: a theoretical part on semiparametric efficient estimation and an applied part in energy economics under different dynamic settings. The essays are related in terms of their applications as well as the way in which models are constructed and...
Persistent link: https://www.econbiz.de/10009441863
In the first chapter; we consider nonlinear transformations of random walks driven by thick-tailed innovations with infinite means or variances. In particular, we show how nonlinearity, nonstationarity, and thick tails interact to generate persistency in memory, and we clearly demonstrate that...
Persistent link: https://www.econbiz.de/10009441866
We study incentive compatible profit-sharing rules when output (or profit) is obtained via the joint use of a technology exhibiting decreasing marginal returns. The incentives compatibility criterion we adopt is that of strategy-proofness (SP), arguably the most robust and the most demanding...
Persistent link: https://www.econbiz.de/10009441868