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Distribution & Growth in an Economy with Limited Needs

Saint-Paul, Gilles - C.E.P.R. Discussion Papers - 2001

knowledge sector is bounded, as productivity increases, the economy moves from a ‘Solovian zone’ where wages increase with … their bliss point can only be made better off by an increase in diversity. If wages are set by monopoly unions rather than … always reduces employment in the material goods sector. International trade may reduce wages in poor countries and increase …

Persistent link: https://www.econbiz.de/10005124380

New Technologies, Wages and Worker Selection

Entorf, Horst; Gollac, Michel; Kramarz, Francis - C.E.P.R. Discussion Papers - 1997

We study the impact of new technologies (NT) on wages and employment using a unique panel that matches data on …

Persistent link: https://www.econbiz.de/10005791552

How Much Europe? Subsidiarity, Centralization and Fiscal Competition

Sinn, Hans-Werner - C.E.P.R. Discussion Papers - 1993

This paper attempts to give a meaning to the empty concept of subsidiarity. It examines various kinds of government activity with respect to the optimal layer of government in Europe at which these activities should be performed. The paper criticizes Europe's industrial policies and its...

Persistent link: https://www.econbiz.de/10005504354

On the Origins of Land Use Regulations: Theory and Evidence from US Metro Areas

Hilber, Christian A. L.; Robert-Nicoud, Frédéric - C.E.P.R. Discussion Papers - 2012

We model residential land use constraints as the outcome of a political economy game between owners of developed and owners of undeveloped land. Land use constraints benefit the former group via increasing property prices but hurt the latter via increasing development costs. In this setting,...

Persistent link: https://www.econbiz.de/10011083410

The Dictator Effect: How Long Years in Office Affects Economic Development in Africa and the Near East

Papaioannou, Jason; Zanden, Jan Luiten Van - C.E.P.R. Discussion Papers - 2012

This paper contributes to the growing literature on the links between political regimes and economic development by studying the effects of years in office on economic development. The hypothesis is that dictators who stay in office for a long time period will become increasingly corrupt, and...

Persistent link: https://www.econbiz.de/10011084113

Mansion tax: The Effect of Transfer Taxes on the Residential Real Estate Market

Kopczuk, Wojciech; Munroe, David - C.E.P.R. Discussion Papers - 2015

Houses and apartments sold in New York and New Jersey at prices above $1 million are subject to the so-called 1% “mansion tax" imposed on the full value of the transaction. This policy generates a discontinuity (a “notch") in the overall tax liability. We rely on this and other...

Persistent link: https://www.econbiz.de/10011145455

On the origins of land use regulations: Theory and evidence from US metro areas

Hilber, Christian A. L.; Robert-Nicoud, Frédéric - C.E.P.R. Discussion Papers - 2009

We model residential land use constraints as the outcome of a political economy game between owners of developed and owners of undeveloped land. Land use constraints benefit the former group (via increasing property prices) but hurt the latter (via increasing development costs). More desirable...

Persistent link: https://www.econbiz.de/10008557007

The Elusive Costs and the Immaterial Gains of Fiscal Constraints

Canova, Fabio; Pappa, Evi - C.E.P.R. Discussion Papers - 2005

We study whether and how fiscal restrictions alter the business cycle features macrovariables for a sample of 48 US states. We also examine the 'typical' transmission properties of fiscal disturbances and the implied fiscal rules of states with different fiscal restrictions. Fiscal constraints...

Persistent link: https://www.econbiz.de/10005662215

On the Strategic Community Development

Henderson, J Vernon; Thisse, Jacques-François - C.E.P.R. Discussion Papers - 1997

This paper examines strategic behaviour of developers who, through offering different public good packages and revenue/fiscal schemes, compete for residents who are differentiated by income. There is an endogenous determination of numbers and sizes of communities. Developers have an incentive to...

Persistent link: https://www.econbiz.de/10005662262

European Integration and the Future of the Welfare State

Sinn, Hans-Werner - C.E.P.R. Discussion Papers - 1998

This paper argues that increased factor mobility incurs the risk of dismantling the welfare state, even though this state may have useful allocative functions. It will be difficult to finance the welfare state with taxes on capital and it may be necessary to subsidize this factor in the sense...

Persistent link: https://www.econbiz.de/10005662397