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How will international integration affect welfare policies? This paper considers the possibilities of financing public sector activities (public consumption and social security expenses) by general (wage) taxation in an economy which becomes more integrated in international product markets. Even...
Persistent link: https://www.econbiz.de/10010262483
This paper considers education investment and public education subsidies in closed and open economies with an extortionary government. The extortionary government in a closed economy has incentives to subsidize education in order to overcome a hold-up problem of time consistent taxation, similar...
Persistent link: https://www.econbiz.de/10010262447
This paper compares education investment in closed and open economies without government and with a benevolent government. The fact that the time consistency problem in taxation can make labor mobility beneficial even if governments are fully benevolent – which is known from other contexts –...
Persistent link: https://www.econbiz.de/10010262452
technology, globalization tends to lead to convergence. Moreover, under non-convex technology trade and migration tend to be … the effects of migration on the accumulation of both knowledge and human capital, by invoking endogenous growth theory …
Persistent link: https://www.econbiz.de/10010289941
Globalization brings opportunities and pressures for domestic firms in emerging market economies to innovate and … globalization through the impact of increased competition and foreign direct investment on domestic firms' efforts to raise their …
Persistent link: https://www.econbiz.de/10010268909
Migration is an unavoidable aspect of globalization. While full flexibility is politically unfeasible, the paper argues … for regulated openness. Migration in the age of globalization should be judged according to the labor market needs of the …
Persistent link: https://www.econbiz.de/10010262379
The process of globalization is an international economic order which has led to the progressive integration of the … technological innovation also provides impetus to the progressive integration of the nations. The elements of globalization include … economic benefits, globalization also indicates the flow of ideas, norms, information and peoples. There is a large …
Persistent link: https://www.econbiz.de/10010267513
context of globalization a term typically used to describe the phenomenon of growing international trade and financial …
Persistent link: https://www.econbiz.de/10010268058
recent decades as a result of increased globalization of knowledge, technologies and economies. In particular I look at the … development in a number area where similar trends are observed. The areas studied include globalization, in-sourcing and …
Persistent link: https://www.econbiz.de/10010268174
globalization (1985-2005), there has been some convergence of business cycle fluctuations among the group of industrial economies …
Persistent link: https://www.econbiz.de/10010276108