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Why Europe Should Love Tax Competition - and the U.S. Even More So

Janeba, Eckhard - 2002

parliamentary democracies (Europe) and presidential-congressional systems (USA) to show that increasing tax competition is likely to …

Persistent link: https://www.econbiz.de/10012469372

Further Comments on The Impact of the Asian Miracle on the Theory of Economic Growth

Fogel, Robert W. - 2010

This paper addresses three issues related to the relative rates of growth in the United States, the European Union, and China during the four decades between 2000 and 2040. The first concerns the source of the factors which make it likely that China will continue to grow at a high rate for...

Persistent link: https://www.econbiz.de/10012462930

Aging, Pension Reform, and Capital Flows : A Multi-Country Simulation Model

Boersch-Supan, Axel - 2005

In order to quantify these effects, we develop a computational general equilibrium model. We feed this multi-country overlapping generations model with detailed long-term demographic projections for seven world regions. Our simulations indicate that capital flows from fast-aging regions to the...

Persistent link: https://www.econbiz.de/10012466821

The Developed World's Demographic Transition - The Roles of Capital Flows, Immigration, and Policy

Fehr, Hans - 2003

The developed word stands at the fore of a phenomenal demographic transition. Over the next 30 years the number of elderly in the U.S., the EU, and Japan will more than double. At the same time, the number of workers available to pay the elderly their government-guaranteed pension and health...

Persistent link: https://www.econbiz.de/10012468598

The Effects of the Ageing European Population on Economic Growth and Budgets : Implications for Immigration and Other Policies

Feldstein, Martin S. - 2006

The ageing of the population presents a major fiscal challenge for the countries of Europe. The combination of increased longevity and a reduced birth rate will directly reduce the growth rates of the European economies by slowing the growth of the capital stock and by weakening the productivity...

Persistent link: https://www.econbiz.de/10012465924

Evidence of Differences in the Effectiveness of Safety-Net Management in European Union Countries

Carbo-Valverde, Santiago - 2008

EU financial safety nets are social contracts that assign uncertain benefits and burdens to taxpayers in different member countries. To help national officials to assess their taxpayers' exposures to loss from partner countries, this paper develops a way to estimate how well markets and...

Persistent link: https://www.econbiz.de/10012464865

Innovation Market Failures and the Design of New Climate Policy Instruments

Armitage, Sarah C.; Bakhtian, Noël; Jaffe, Adam B. - National Bureau of Economic Research - 2023

externalities but also by innovation market failures. This paper maps the economics literature on innovation market failures and …

Persistent link: https://www.econbiz.de/10014337854

Science, Philanthropy, and American Leadership

Conn, Robert W.; Cowhey, Peter F.; Zivin, Joshua S. Graff; … - National Bureau of Economic Research - 2023

Investments in the US Science, Technology, Engineering, Medicine and Innovation (STEMI) enterprise come from many … innovative than government or business funding alone would yield. It also enables significant innovation in the development of … human capital in STEMI areas. We conclude with a comparison of the US research ecosystem to that of China to understand how …

Persistent link: https://www.econbiz.de/10014372474

The Role of Labor Market Changes in the Slowdown of European Productivity Growth

Dew-Becker, Ian - 2008

Throughout the postwar era until 1995 labor productivity grew faster in Europe than in the United States. Since 1995, productivity growth in the EU-15 has slowed while that in the United States has accelerated. But Europe's productivity growth slowdown was largely offset by faster growth in...

Persistent link: https://www.econbiz.de/10012464806

Globalization and Changing Patterns in the International Transmission of Shocks in Financial Markets

Bordo, Michael D. - 2002

In this paper we compare various characteristics of the cross-country transmission of shocks in the financial markets of both advanced and emerging countries during two periods of globalization -- the pre-World War I classical gold standard era, 1880-1914, and the post-Bretton Woods era,...

Persistent link: https://www.econbiz.de/10012469694

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