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Tax competition in a simple model with heterogeneous firms: how larger markets reduce profit taxes

Haufler, Andreas; Stähler, Frank - 2009

An important puzzle in corporate taxation is that effective tax rates have fallen significantly while tax revenue has simultaneously risen in most countries. Moreover, the gross profitability of firms seems to be lower in high-tax countries, even though standard models of international...

Persistent link: https://www.econbiz.de/10010276760

Bandwidth selection and the estimation of treatment effects with unbalanced data

Galdo, Jose; Smith, Jeffrey A.; Black, Dan - 2007

This paper addresses the selection of smoothing parameters for estimating the average treatment effect on the treated using matching methods. Because precise estimation of the expected counterfactual is particularly important in regions containing the mass of the treated units, we define and...

Persistent link: https://www.econbiz.de/10010276772

Modelling the employment and wage outcomes of spouses: is she outearning him?

Bloemen, Hans G.; Stancanelli, Elena G. F. - 2008

, endogenizing wages and allowing for random effects and correlations in spouses' unobservables. We conclude that the determinants of …

Persistent link: https://www.econbiz.de/10010276779

Commuting, wages and bargaining power

Rupert, Peter; Stancanelli, Elena G. F.; Wasmer, Etienne - 2009

A search model of the labor market is augmented to include commuting time to work. The theory posits that wages are … combinations of distance and wages are accepted, there is non-random selection of accepted job offers. We build on these … ingredients to explore in the data the relationship between wages and commute time. We find that neglecting to account for this …

Persistent link: https://www.econbiz.de/10010276782

Quantifying optimal growth policy

Grossmann, Volker; Steger, Thomas M.; Trimborn, Timo - 2010

optimal policy mix is likely to entail huge welfare gains. …

Persistent link: https://www.econbiz.de/10010276785

Consistent estimation of the fixed effects ordered logit model

Baetschmann, Gregori; Staub, Kevin E.; Winkelmann, Rainer - 2011

The paper re-examines existing estimators for the panel data fixed effects ordered logit model, proposes a new one, and studies the sampling properties of these estimators in a series of Monte Carlo simulations. There are two main findings. First, we show that some of the estimators used in the...

Persistent link: https://www.econbiz.de/10010276790

Economic and legal aspects of international environmental agreements: The case of enforcing and stabilising an international CO 2 agreement

Heister, Johannes; Mohr, Ernst; Plesmann, Wolf; … - 1995

in the light of economic and legal theory. Economic instruments build on repetition and use utility transfers, economic …

Persistent link: https://www.econbiz.de/10010276792

Banking crises in transition countries - theory and empirical evidence: the case of Russia

Thießen, Ulrich - 2000

This paper assesses the causes and costs of the Russian banking crisis, the lending behavior of Russian banks, and it evaluates the authorities' response to the crisis. There appears to be evidence for conservative lending behavior on the part of Russian banks. The paper also searches for ways...

Persistent link: https://www.econbiz.de/10010276794

A Model of the Entrepreneurial Economy

Audretsch, David B.; Thurik, A. Roy - 2004

The present paper deals with the distinction between the models of the managed and entrepreneurial economies. It explains why the model of the entrepreneurial economy may be a better frame of reference than the model of the managed economy in the contemporary, developed economies. This is done...

Persistent link: https://www.econbiz.de/10010276800

Unilingual Versus Bilingual Education System : A Political Economy Analysis

Ortega, Javier; Tangerås, Thomas P. - 2004

We consider an economy with two language groups, where only agents who share a language can produce together. Schooling enhances the productivity of students and may modify their language endowment. Under a unilingual system, the language of the politically dominant group is the only language of...

Persistent link: https://www.econbiz.de/10010276812