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We propose a Pareto-improving policy which reduces the overall wage tax burden in an economy with intergenerational trade in a fixed factor of production, here labelled as land. We analyse a second-best environment in which the government cannot resort to non-distortionary land taxes. Reducing...
Persistent link: https://www.econbiz.de/10011019497
We propose a Pareto-improving policy which reduces the overall wage taxburden in an economy with intergenerational trade in a fixed factor ofproduction, here labelled as land. We analyse a second-best environmentin which the government cannot resort to non-distortionary land taxes.Reducing the...
Persistent link: https://www.econbiz.de/10011019564
Government-run entities are often more labor-intensive than private companies, even with identical production technologies. This need not imply slack in the public sector, but may reflect a wage tax advantage, stemming from the fact that government entities (partly) pay their taxes to...
Persistent link: https://www.econbiz.de/10011019580
The draft treaty establishing a constitution for the European Union states that each member state may withdraw from the European Union following its own constitutional requirements. We argue that such a rule could lead into an increased use of threat of withdrawal to extract concessions in...
Persistent link: https://www.econbiz.de/10011019630
In their reply to our comment, García-Mainar and Montuenga-Gómez [García-Mainar, I., \& Montuenga-Gómez, V. M. (2009). A response to the comment on education returns of wage earners and self-employed workers. Economics of Education Review] did not address our fundamental criticism that they...
Persistent link: https://www.econbiz.de/10011019639
In a recent paper, García-Mainar and Montuenga-Gómez [García-Mainar, I. \& Montuenga-Gómez, V. M. (2005). Education returns of wage earners and self-employed workers: Portugal vs. Spain. Economics of Education Review, 24(2), 161-170] apply the generalized IV model of Hausman and Taylor to...
Persistent link: https://www.econbiz.de/10011019651
Persistent link: https://www.econbiz.de/10010897390
Migration between countries with earnings-related and flat-rate pay-as-you-go social security systems may change human capital investments in both countries. The possibility of emigration boosts investments in human capital in the country with flat-rate benefits. Correspondingly, those expecting...
Persistent link: https://www.econbiz.de/10010897409
Katz and Rapoport (2005) conclude that with linear production technology and the possibility of unilateral migration, region-specific shocks may increase the average level of education. Previously, Poutvaara (2000) derived a corresponding result with Cobb-Douglas technology and migration which...
Persistent link: https://www.econbiz.de/10010897435
In this paper, we study how unemployment affects gang crime. We examine a model of criminal gangs and suggest that a substitution effect between petty crime and severe crime is at work. In the model, non-monetary valuation of gang membership is private knowledge. Thus, the leaders face a...
Persistent link: https://www.econbiz.de/10010897443