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We extend the simple model of voluntary public good provision toallow for two or more public goods, and explore the new possibilitiesthat arise in this setting. We show that, when there are many publicgoods, voluntary contrib...
Persistent link: https://www.econbiz.de/10005868810
We consider a two-stage voluntary provision model where individuals in a family contribute to inter-family public goods, and, at the same time, the parent makes private transfers to her child within the same family. We show not only that Warr’s neutrality holds regardless of the different...
Persistent link: https://www.econbiz.de/10005708125
This paper addresses the problem of partial tax coordination among regional or national sovereign governments in a repeated game setting. We show that partial tax coordination is more likely to prevail if the number of regions in a coalition subgroup is smaller and the number of existing regions...
Persistent link: https://www.econbiz.de/10005708126
This paper examines the long-run incidence of factor income taxes and expenditure taxes in an infinitely lived representative agent growth model which allows both for production externalities and for endogenous labor supply. The novelty of this paper is its investigating of how the long-run...
Persistent link: https://www.econbiz.de/10005708129
We introduce a common-pool contest into a continuous-time, differential game setting to model the dynamic behavior of agents facing a trade-off between socially productive activities and appropriation. We are able to identify multiple Markov perfect equilibrium strategies that are nonlinear in a...
Persistent link: https://www.econbiz.de/10005710069
Persistent link: https://www.econbiz.de/10005715708
Persistent link: https://www.econbiz.de/10008596874
This paper investigates the dynamic properties of intergovernmental financing during a fiscal reconstruction process by analyzing the dynamic game among local governments, which operates with soft budget constraints because of concessionary region-specific transfers from a central government....
Persistent link: https://www.econbiz.de/10008692900
This paper investigates the conditions under which partial harmonization for capital taxation is sustained in a repeated interactions model of tax competition when there are three heterogenous countries with respect to their capital endowments. We show that regardless of the structure of the...
Persistent link: https://www.econbiz.de/10008727308
Persistent link: https://www.econbiz.de/10008475141