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Persistent link: https://www.econbiz.de/10011292597
We study a credence goods problem - that is, a moral hazard problem with non-contractible outcome - where altruistic experts (the agents) care both about their income and the utility of consumers (the principals). Experts' preferences over income and their consumers' utility are convex, such...
Persistent link: https://www.econbiz.de/10012431181
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In this paper, commuting is introduced to a federal economy where benevolent lower-level (state) governments levy an ad valorem tax on labour income. This results in inefficiently low levels of taxation, even when households as a whole do not migrate. Indeed, rather than attracting more workers...
Persistent link: https://www.econbiz.de/10011480251
The identification of strategic interactions among local governments is typically plagued by endogeneity problems. This paper proposes a quasi-experimental strategy to identify independent personal income tax setting by Swiss municipalities making use of the multi-tier federal system. State...
Persistent link: https://www.econbiz.de/10011517772
The aim of the present paper is to shed light on the determinants of geographical mobility and location choices of … a preponderant role in mediating the mobility patterns of inventors across the European geography. …
Persistent link: https://www.econbiz.de/10011541720
This paper examines the role that human capital plays in firm's strategic decisions. It focuses on long-distance corporate relocations which present certain trade-offs in terms of human capital and modifies firms' relationship with the labour force. It is assessed to what extent having (an...
Persistent link: https://www.econbiz.de/10011478829
This paper analyzes the relationship between spatial mobility and social mobility. It develops a two-skill-type spatial … income inequality are negatively correlated with relative regional social mobility. In the model, segregation is driven by … productivity gap does not affect segregation, but causes higher income inequality and lower relative mobility in the respective …
Persistent link: https://www.econbiz.de/10011480842
In the literature on the economics of demographic change so far the regional and neighbourhood-level consequences were out of the main focus. Yet, regional migration accentuates diversity in the progress of ageing. In fact, while households are known to "vote with their feet" when they choose a...
Persistent link: https://www.econbiz.de/10011480988
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