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Artificial time inconsistency as a remedy for the race to the bottom

Weichenrieder, Alfons J.; Busch, Oliver - 2005

' tax plans which reduces a region's incentive to undercut other regions' tax rates and can bring tax competition to a halt …. On the one hand, rich migrants cease to benefit from the lower tax rate in the current period. On the other hand, the …

Persistent link: https://www.econbiz.de/10010277175

Taxes and the efficiency costs of capital distortions

Weichenrieder, Alfons J.; Klautke, Tina - 2008

departure from tax neutrality. Against this background, the present paper discusses the theory of capital structure and provides …Tax neutrality towards alternative financing instruments for corporate investment is a ubiquitous demand in the … backof-the-envelope calculations of the possible efficiency cost of a tax distortion of the debtequity decision. …

Persistent link: https://www.econbiz.de/10010277187

Fiscal competition for imperfectly-mobile labor and capital : a comparative dynamic analysis

Wildasin, David E. - 2009

Interjurisdictional flows of imperfectly-mobile migrants, investment, and other productive resources result in the costly dynamic adjustment of resource stocks. This paper investigates the comparative dynamics of adjustment to changes in local fiscal policy with two imperfectly mobile productive...

Persistent link: https://www.econbiz.de/10010277195

Asymmetrie der Märkte und Wettbewerbsfreiheit

von Weizsäcker, Carl Christian - 2009

Persistent link: https://www.econbiz.de/10010277198

Interpersonal styles and labor market outcomes

Borghans, Lex; ter Weel, Bas; Weinberg, Bruce A. - 2006

This paper develops a framework to understand the role of interpersonal interactions in the labor market including task assignment and wages. Effective interpersonal interactions involve caring, to establish cooperation, and at the same time directness, to communicate in an unambiguous way. The...

Persistent link: https://www.econbiz.de/10010277202

Kinky choices, dictators and split might: a non-cooperative model for household consumption and labor supply

Boone, Jan; van der Wiel, Karen; Vermeulen, Frederic - 2009

It is unlikely that husbands and wives always agree on exactly what public goods to buy. Nor do they necessarily agree on how many hours to work with obvious consequences for the household budget. We therefore model consumption and labor supply behavior of a couple in a non-cooperative setting...

Persistent link: https://www.econbiz.de/10010277211

Have you heard the news? How real-life expectations react to publicity

van der Wiel, Karen - 2009

As evidence is accumulating that subjective expectations influence behavior and that these expectations are sometimes biased, it becomes policy-relevant to know how to influence individuals' expectations. Information in the media is likely to affect how people picture the future. This paper...

Persistent link: https://www.econbiz.de/10010277212

Robust predictions for bilateral contracting with externalities

Segal, Ilya R.; Whinston, Michael D. - 2001

Persistent link: https://www.econbiz.de/10010277218

Optimal income taxation with tax competition

Lipatov, Vilen; Weichenrieder, Alfons J. - 2010

We introduce tax competition for mobile labor into an optimal-taxation model with two skill levels. We analyze a … symmetric subgame-perfect Nash equilibrium of the game between two governments and two taxpayer populations. Tax competition …

Persistent link: https://www.econbiz.de/10010277220

A note on firms' strategic behaviour during an IPO

Weiss, Pia; Mai, Stefan - 2002

When potential shareholders cannot observe the business conditions of the firms, the latter desiring to acquire capital by an IPO and operating under less favourable business conditions have a strong incentive to appear more successful.

Persistent link: https://www.econbiz.de/10010277221