Showing 1 - 10 of 21
We analyze the effects of labor migration flows on income taxation between two countries (regions) differing by the size of their population and the level of productive efficiencies. Residents, otherwise identical, are heterogeneous because they incur different migration costs. Each resident...
Persistent link: https://www.econbiz.de/10011095277
In this paper, we examine how uncertainty can affect successive mar- kets, when uncertainty can jointly influence both the upstream and down- stream markets conditions. The main result of the paper is that the equi- librium input and output quantities under stochastic dependence can be higher or...
Persistent link: https://www.econbiz.de/10008587563
In this paper we first introduce an approach relying on market games to examine how successive oligopolies operate between downstream and upstream markets. This approach is then compared with the traditional analysis of oligopolistic interaction in successive markets. The market outcomes...
Persistent link: https://www.econbiz.de/10008587553
In this paper, we propose an example of successive oligopolies where the downstream firms share the same decreasing returns technology of the Cobb-Douglas type. We stress the differences between the conclusions obtained under the assumption and those resulting from the traditional example...
Persistent link: https://www.econbiz.de/10008587554
In this paper, we extend the concept of stability to vertical collusive agreements, involving downstream and upstream firms, using a setup of successive Cournot oligopolies. We show that a stable vertical agreement always exists: the unanimous vertical agreement involving all downstream and...
Persistent link: https://www.econbiz.de/10011095248
We study the impact of an offshore financial center on the economy in the presence or absence of bank secrecy in a two-country setting with heterogeneous investors who choose where to deposit their savings. Rather than focussing on tax competition, we acknowledge that countries use two...
Persistent link: https://www.econbiz.de/10011095250
This paper theoretically and empirically advances the hypothesis that differences in environmental preferences can be traced to cultural differences. In particular, we argue that environmental attitudes such as the willingness to pay for the environment are not solely the effect of local...
Persistent link: https://www.econbiz.de/10011095251
We analyse the effects of migration on the production of public goods, income taxes, and on the welfare of residents in the sending and in the receiving country. Migration is based on income differences between countries. Different alternative scenarios are considered. In the first, we assume...
Persistent link: https://www.econbiz.de/10011095257
This paper explains why and how a small country can be an offshore financial center (OFC). We build a model involving a small and a large country competing for portfolio investments. They use two instruments, taxation and institutional infrastructure. We identify the conditions for an OFC to be...
Persistent link: https://www.econbiz.de/10011095268
This paper studies competition in regulation and commodity taxation between trading countries. We present a general equilibrium model in which destination based consumption taxes finance public goods, while regulation of entry determines the number of firms in the markets. We find (i) no...
Persistent link: https://www.econbiz.de/10010938981