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We consider the role of capital mobility and international taxation in explaining the observed diversity in long-term income growth rates. Under perfect capital mobility, international differences in taxes will not matter for total growth differentials. Policy differences have a role to play in...
Persistent link: https://www.econbiz.de/10005067595
We provide an exploratory quantitive analysis of the role of capital mobility and international taxation in explaining the observed cross-country diversity in the long-run rates of growth of per capita and total incomes as well as the population growth rates. Corroborative evidence is found for...
Persistent link: https://www.econbiz.de/10005656281
There are few studies on occupational choices in Germany, and second-generation occupational choice and mobility is even less investigated. Such research is important because occupations determine success in the labour market. In a country like Germany occupations also reflect a general...
Persistent link: https://www.econbiz.de/10005504309
In Spring 1991, we argued that the centrepiece of German policy towards unification should be a universal, temporary wage subsidy in Eastern Germany and the elimination of all other subsidies. Subsequent events have strengthened the analytical case for and practical importance of this policy....
Persistent link: https://www.econbiz.de/10005666856
This paper integrates in a unified and tractable framework some of the key insights of the field of international trade and economic growth. It examines a sequence of theoretical models that share a common description of technology and preferences but differ on their assumptions about trade...
Persistent link: https://www.econbiz.de/10005666914
The paper examines the welfare gains from North-South trade and their distribution. We construct an endogenous growth North-South model with four Southern stages of development as possible equilibria: specialisation in a traditional good; the South in addition copies Northern high-tech...
Persistent link: https://www.econbiz.de/10005792247
We introduce the idea that informational cascades can explain the observed regularity that emigrants from the same locations also tend to choose the same foreign locations. Thus informational cascades generates herd behaviour. Herd behaviour is compared with the network externalities explanation...
Persistent link: https://www.econbiz.de/10005504318
Despite their small number, Israeli economists have become an important fixture in the international academic scene. In recent years, this phenomenon has been characterized by an additional attribute: the number of Israelis who have chosen to leave the country’s universities - or not to return...
Persistent link: https://www.econbiz.de/10005497751
. This essay provides a broad and in-depth account of the effects of the post-enlargement migration flows on the receiving as … analysis of the available literature and empirical evidence shows that (i) EU enlargement had a significant impact on migration … hard to detect, (iv) post-enlargement migration contributes to growth prospects of the EU, (v) these immigrants are …
Persistent link: https://www.econbiz.de/10004979474
migration waves of the late 19th and early 20th centuries has left a legacy on the economic development of the counties where … look at the geography of migration across US counties in the 48 continental states. We then link this settlement pattern of … number of factors which may have influenced both the location of migrants at the time of migration, as well as for the …
Persistent link: https://www.econbiz.de/10011084165