Simula, Laurent; Trannoy, Alain - In: FinanzArchiv: Public Finance Analysis 62 (2006) 3, pp. 393-415
Individuals, initially living in a Mirrleesian economy A, have outside options consisting in settling down in a laissez-faire country B while paying positive migration costs. We first examine the effect of the threat of migration, assuming participation constraints are taken into account for all...