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Most work on tax competition argues that mobile factors tend to be undertaxed except if there is coordination of tax policies. Full coordination is not however always feasible, and as a consequence some measures of partial coordination have been proposed such as minimal witholding taxes on...
Persistent link: https://www.econbiz.de/10005464250
Longevity-adjusted growth rates are computed for Belgium over the period 1867-1997, by using a method based on contributions by Usher (1973a, 1980), Williamson (1984) and Miller (2000). Adjusted growth rates substantially differ from conventional figures, which may have tended to underestimate...
Persistent link: https://www.econbiz.de/10005464251
This essay is a survey of utilitarian criteria aimed at guiding what Parfit (1984) called Different Number Choices (i.e. choices affecting both people’s number and identities). The emphasis is laid on two aspects of those criteria: their ethical foundations and their implications. Our analysis...
Persistent link: https://www.econbiz.de/10005464254
We develop a two step estimation procedure to estimate nonlinear panel data models. Our approach combines the “correlated random effect” and the “control function” approach to handel endogeneity of regressors that are correlated with both the unobserved heterogeneity as well as the...
Persistent link: https://www.econbiz.de/10009371376
The aim of this paper was to use a parametric stochastic frontier approach (coming from the economic literature) to explore the impact of the concept of activity (taken in a broad sense: i.e., including both professional and non-professional activities) on the constitution and the care of...
Persistent link: https://www.econbiz.de/10005767575
In ¯fiscal federal systems, local public works that generate spillovers are often ¯nanced by transfers from higher levels of government. In this article, we consider a governmental hierarchy composed by a Federal and a Local Government. The former delegates to the latter the task of ¯nding a...
Persistent link: https://www.econbiz.de/10005767576
The relative importance of the components contributing to individual wellbeing are likely to change over the life-cycle. Any social policy, whose the main role is to promote the well-being of the population as a whole, neglecting this aspect will redistribute inefficiently the resources across...
Persistent link: https://www.econbiz.de/10005767577
The modifications of the demographic structure in Europe are expected to change several aspects of the economic and social landscape. Among the several issues posed by ageing, financing of health care and more precisely long-term care appears as a major challenge for the twenty-first century....
Persistent link: https://www.econbiz.de/10005767579
This paper compares originals and remakes from the standpoint of artistic quality and financial return. It appears that on average remakes are of lower quality and have smaller financial returns than originals.
Persistent link: https://www.econbiz.de/10005767582
This study aims at analyzing the determinants of foreign direct investment inflows for a group of European regions. The originality of this approach lies in the use of disaggregated regional data. First, we develop a qualitative description of our database and discuss the importance of the...
Persistent link: https://www.econbiz.de/10005767583