In this paper we analyze the structure of contest equilibria with a variable number of individuals. First we analyze a situation where the total prize depends on the number of agents and where every single agent faces opportunity costs of investing in the contest. Second we analyze a situation...

This paper reviews the recent theoretical literature that analyses the European Union’spolicy to eliminate preferential corporate tax regimes and the proposal to introduce aconsolidated EU tax base with formula apportionment for the taxation of multinationalfirms. Since neither proposal...

This paper studies a two-region model in which unemployment, education decisions andinterregional migration are endogenous. The poorer region exhibits both lower wagesand higher unemployment rates, and migrants to the richer region are disproportionallyskilled. The brain drain from the poor to...