Im Zuge der Globalisierung, die sich beispielsweise im gemeinsamen Arbeitsmarkt der EU zeigt, werden die Mobilitätsbarrieren für Humankapital substantiell abgebaut. Die steigende Mobilität hat ambivalente Folgen für das Bildungsniveau der Arbeitskräfte in den einzelnen Ländern. Einerseits...

This paper analyzes the relationship between brain drain, human capital accumulation and individual net incomes in the presence of a redistributional tax policy, credit market constraints, administrative costs of tax collection, and lack of government commitment. We characterize how decreasing...

Im Zuge der Globalisierung, die sich beispielsweise im gemeinsamen Arbeitsmarkt der EU zeigt, werden die Mobilitätsbarrieren für Humankapital substantiell abgebaut. Die steigende Mobilität hat ambivalente Folgen für das Bildungsniveau der Arbeitskräfte in den einzelnen Ländern. Einerseits...

The paper presents a model of two countries competing for the international pool of talented students from the rest of the world. To relax tuition-fee competition, countries differentiate their education systems in equilibrium, albeit inefficiently. One country offers high educational quality at...

Aging changes the political power in a democracy in favor of the older generations. With free labor mobility like that of the EU, the success of the gerontocracy is, nevertheless, limited by migration of the young generations. This connection between political voting and voting with the feet is...

In this paper, we analyse the role of mobility in tax and subsidy competition. Our primary result is that increasing ‘relocation’ mobility of firms leads to increasing ‘net’ tax revenues under fairly weak conditions. While enhanced relocation mobility intensifies tax competition, it...

This paper analyses political forces that cause an initial expansion of public spending on higher education and an ensuing decline in subsidies. Growing public expenditures increase the future size of the higher income class and thus boost future demand for education. This demand shift implies...

In this paper, we explore the relationship between an equitable distribution of the cost shares in cooperative public good provision and the core property of Pareto-optimal allocations. Core allocations do not only fulfil an important stability condition but are also the only promising...

In this paper, we analyse how the prospect of international negotiations over transboundary pollution shapes intra-country transfer schemes when the governments of the countries' polluting regions are in charge of environmental policy and negotiations. Federal governments can implement...