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In 1999 the EU abolished duty-free on intra-EU travel, whilst other countries still retain duty-free shopping for international travellers. We address several aspects of duty-free trade, including effects on consumption, revenue and price-setting. From a global perspective we identify the...
Persistent link: https://www.econbiz.de/10011400877
A strong case for public provision of certain private goods has been established for an economy in which individuals have homogeneous preferences but differ in skill levels. There has been a critique of this model/mechanism arguing that heterogeneous preferences at a given skill level would...
Persistent link: https://www.econbiz.de/10001757827
In 1999 the EU abolished duty-free on intra-EU travel. Other European countries and many countries outside Europe still retain duty-free shopping for international travellers, as does the EU in relation to external travel. This paper looks at national policy interests in the retention, or...
Persistent link: https://www.econbiz.de/10002094020
Persistent link: https://www.econbiz.de/10001605703
When a public good is excludable it is possible to change individuals for using the good. We study the role of prices on excludable public goods using an extention of the Stiglitz-Stern version of the Mirrless optimal income tax model. Our discussion includes both the case whrer the public good...
Persistent link: https://www.econbiz.de/10001624227
In 1999 the EU abolished duty-free on intra-EU travel, whilst other countries still retain duty-free shopping for international travellers. We adress several aspects of duty-free trade, including effects on consumption, revenue and price-setting. From a global perspective we identify the...
Persistent link: https://www.econbiz.de/10001626089
Persistent link: https://www.econbiz.de/10001506290
Persistent link: https://www.econbiz.de/10001466727
Non-linear income taxes and linear commodity taxes are analysed when people differ with respect to ability, high-skilled agents have heterogeneous preferences, and neither individual abilities nor preferences are observable. The paper highlights how informational constraints may motivate...
Persistent link: https://www.econbiz.de/10002173645
Persistent link: https://www.econbiz.de/10002150208