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A wide variety of social protection systems coexist within the EU. Some member states provide social insurance that is of Beveridgean inspiration (with universal and more or less flat benefits), while others offer a system that is mainly Bismarckian (with benefits related to past contributions)....
Persistent link: https://www.econbiz.de/10008828618
In a context where both the poor and the rich are (imperfectly) mobile, this paper compares the Nash equilibrium levels of income redistribution from the rich to the poor when jurisdictions compete either in taxes, in transfers or both. Although taxes and transfers are linked through the...
Persistent link: https://www.econbiz.de/10008852378
This paper considers the problem facing a central government which can transfer resources between regional governments by use of intergovernmental grants. Regions provide a public good and are subject to privately observed shocks either to income, or demand for, or cost of, the public good....
Persistent link: https://www.econbiz.de/10008852386
A wide variety of social protection systems coexist within the EU. Some member states provide social insurance that is of Beveridgean inspiration (with universal and more or less flat benefits), while others offer a system that is mainly Bismarckian (with benefits related to past contributions)....
Persistent link: https://www.econbiz.de/10009150633
The European economic integration leads to increasing mobility of factors, thereby threatening the stability of social transfer programs. This paper investigates the possibility to achieve by means of voluntary matching grants both the optimal allocation of factors and the optimal level of...
Persistent link: https://www.econbiz.de/10010264033
A wide variety of social protection systems coexist within the EU. Some member states provide social insurance that is of Beveridgean inspiration (with universal and more or less flat benefits), while others offer a system that is mainly Bismarckian (with benefits related to past contributions)....
Persistent link: https://www.econbiz.de/10010274879
The 'juste retour' attitude, namely each EU member state's priority for securing the best possible individual net financial position vis-à-vis the community budget over any other consideration concerning the community budget is stronger than ever. The differences across member states in terms...
Persistent link: https://www.econbiz.de/10012100084
What is a feasible and efficient policy to regulate air pollution from vehicles? A Pigouvian tax is technologically infeasible. Most countries instead rely on exhaust standards that limit air pollution emissions per mile for new vehicles. We assess the effectiveness and efficiency of these...
Persistent link: https://www.econbiz.de/10014290042
Overall, this paper presents a white swan that seems to confirm the hypothesis of Alesina / Tabellini / Campante (2008). Fiscal policy in many developing countries is procyclical. Specifically, the former may explain monetary policy failures associated with problems of political agency. And in...
Persistent link: https://www.econbiz.de/10008552827
The aim of the paper is to analyze a simple model of local public good provision with positive interjurisdictional spillover effects - as the case of environment protection spending - comparing decentralized and centralized system, when spending and taxation decisions are made by nonbenevolent...
Persistent link: https://www.econbiz.de/10008500422