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Persistent link: https://www.econbiz.de/10005652090
of income redistribution from the rich to the poor when jurisdictions compete either in taxes, in transfers or both …. Although taxes and transfers are linked through the budget-balanced requirement, the analysis reveals intriguing differences …. Indeed, it turns out that transfer competition results in much less redistribution than tax competition, while tax …
Persistent link: https://www.econbiz.de/10008852378
continuing economic integration. In this paper we focus on the fiscal competition problem where the non-cooperative choice of … taxes and transfers among government typically leads to suboptimal outcome. We look at the effect of two widely used …
Persistent link: https://www.econbiz.de/10005634027
The literature on international tax competition has shown how increased international mobility of the tax base may …
Persistent link: https://www.econbiz.de/10005781256
A full understanding of public affairs requires the ability to distinguish between the policies that voters would like the government to adopt, and the influence that different voters or groups of voters actually exert in the democratic process. We consider the properties of a computable...
Persistent link: https://www.econbiz.de/10005729570
Persistent link: https://www.econbiz.de/10005626073
We study gender differences in the willingness to compete in a large-scale experiment with 1,035 children and teenagers …, aged three to eighteen years. Using an easy math task for children older than eight years and a running task for the …
Persistent link: https://www.econbiz.de/10008550513
We study gender differences in the willingness to compete in a large-scale experiment with 1,035 children and teenagers …, aged three to eighteen years. Using an easy math task for children older than eight years and a running task for the …
Persistent link: https://www.econbiz.de/10008471562
Double barrier options have become popular instruments in derivative markets. Several papers_new have already analyseddouble knock-out call and put options using different methods. In a recent paper, Geman and Yor (1996) deriveexpressions for the Laplace transform of the double barrrier option...
Persistent link: https://www.econbiz.de/10011255832
settlements for European double-barrier options and warrants. From the viewpoint of financial mathematics, some of the boundary …
Persistent link: https://www.econbiz.de/10005081097