Showing 676,461 - 676,470 of 681,664
The theory of fiscal federalism points out that decentralisation should be pursued in order to fit differences in … centralisation is likely to produce more efficient results. Moreover, in a political economy framework, each decision - including the …
Persistent link: https://www.econbiz.de/10010280802
The paper provides an equilibrium analysis of how countries compete for migrants. The type of competition (tax or transfer competition) depends on whether the competing countries have similar policy preferences. With symmetric preferences, countries compete in taxes for migrants. With asymmetric...
Persistent link: https://www.econbiz.de/10010280804
In this paper, citizens vote in order to influence the election outcome and in order to signal their unobserved characteristics to others. The model is one of rational voting and generates the following predictions: (i) The paradox of not voting does not arise, because the benefit of voting does...
Persistent link: https://www.econbiz.de/10010280806
A strictly risk-averse individual with an exogenous gross income in period one can acquire human capital in the same …
Persistent link: https://www.econbiz.de/10010280807
An important issue in the analysis of cross-sectional dependence which has received renewed interest in the past few years is the need for a better understanding of the extent and nature of such cross dependencies. In this paper we focus on measures of cross-sectional dependence and how such...
Persistent link: https://www.econbiz.de/10010280808
This paper studies the design of indirect redistributive taxation and of corrective taxation, as well as the formation of equilibrium indirect tax policies via a political process, in the presence of status goods, allowing for the possibility that illegal copies of those goods may be purchased...
Persistent link: https://www.econbiz.de/10010280816
The means of contest design may include differential taxation of the prize. This paper establishes that, given a revenue-maximizing contest designer who faces a balanced-budget constraint, the optimal taxation scheme corresponding to an all-pay auction is appealing in two senses. First, it...
Persistent link: https://www.econbiz.de/10010280823
political strength by attracting opposition members, but such economic exclusion implies lower per capita shares and higher risk …
Persistent link: https://www.econbiz.de/10010280829
We analyze whether or not the globalization of capital, disciplines governments and improves governance. We demonstrate that globalization affects governance, by increasing a country's vulnerability to sudden capital flight. This increased threat of capital flight can discipline governments and...
Persistent link: https://www.econbiz.de/10010280832
Continued lobbying by high-end, American designers for intellectual property-type fashion design protection has culminated in the proposed Innovative Design Protection and Piracy Prevention Act, intended to introduce EU standards. Using a sequential, 2-firm, vertical differentiation framework,...
Persistent link: https://www.econbiz.de/10010280833