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Cross-border or online : tax competition with mobile consumers under destination and origin principle

Birg, Laura - 2015 - December 2015

This paper studies the effect of an online retailer on spatial tax competition with mobile consumers. If taxation for … online purchases follows the destination principle, the entry of the online retailer mitigates tax competition; if taxation … for online purchases follows the origin principle, the entry of the online retailer enhances tax competition. Lower cost …

Persistent link: https://www.econbiz.de/10011407755

Taxing mobile and overconfident top earners

Haufler, Andreas; Nishimura, Yukihiro - 2022 - Revised version, February 2022

We set up a simple model of tax competition for mobile, highly-skilled and overconfident managers. Firms endogenously …

Persistent link: https://www.econbiz.de/10013193271

Taxing mobile and overconfident top earners

Haufler, Andreas; Nishimura, Yukihiro - 2020

We set up a simple model of tax competition for mobile, highly-skilled and overconfident managers. Firms endogenously …

Persistent link: https://www.econbiz.de/10012287316

Cross-border or online : tax competition with mobile consumers under destination and origin principle

Birg, Laura - 2019 - Revised Version March 2019

This paper studies the effect of an online retailer on spatial tax competition with mobile consumers. Under non …-cooperative Leviathan governments, tax treatment of online purchases according to the destination principle mitigates tax competition; tax … treatment of online purchases of online purchases according to the origin principle enhances tax competition. Cooperation …

Persistent link: https://www.econbiz.de/10011986011

Public expenditure spillovers : an explanation for heterogeneous tax reaction functions

Levaggi, Rosella; Panteghini, Paolo - 2018

This article provides a possible explanation for the heterogeneity of tax reaction functions under tax competition. In …

Persistent link: https://www.econbiz.de/10011922172

The Influence of Altruistic Preferences on the Race to the Bottom of Welfare States

Hendel, Ulrich - 2012

Common tax competition models suggest that welfare states will undercut each other's tax rate to attract taxpayers and … recipients. It shows that under the assumption of taxpayers motivated by warm glow altruism, tax competition leads to unique pure … sets higher taxes. This implies that rich countries may benefit from tax competition. …

Persistent link: https://www.econbiz.de/10010427616

Overconfidence in the market for lemons

Herweg, Fabian; Müller, Daniel - 2011

We extend Akerlof's (1970) "Market for Lemons" by assuming that some buyers are overconfident. Buyers in our model receive a noisy signal about the quality of the good that is at display for sale. Overconfident buyers do not update according to Bayes' rule but take the noisy signal at face...

Persistent link: https://www.econbiz.de/10009375745

An adverse selection model of optimal unemployment insurance

Hagedorn, Marcus; Kaul, Ashok; Mennel, Tim - 2002 - First draft: April 2002, This version: December 2002

We derive the shape of optimal unemployment insurance (UI) contracts when agents can exert search effort but face different search costs and have private information about their type. We derive a recursive solution of our dynamic adverse selection problem with repeated moral hazard. Conditions...

Persistent link: https://www.econbiz.de/10010519045

Venture capital, double-sided adverse selection, and double-sided moral hazard

Houben, Eike - 2002 - First Version: March 2002, this Version: December 2002

The paper offers a new explanation for the widely observed use of redeemable and convertible preferred stock in venture capital finance. Redeemable and convertible preferred stocks can be used to endogenously allocate cash flow and control rights as a function of the state of nature, the...

Persistent link: https://www.econbiz.de/10011281511

Optimal wage redistribution in the presence of adverse selection in the labor market

Bastani, Spencer; Blumḳin, Tomer; Micheletto, Luca - 2015

In this paper we allude to a novel role played by the non-linear income tax system in the presence of adverse selection in the labor market due to asymmetric information between workers and firms. We show that an appropriate choice of the tax schedule enables the government to affect the wage...

Persistent link: https://www.econbiz.de/10011289068