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  1. Congestion, wage rigidities and the provision of public intermediate goods
    Autor*in: Pauser, Johannes
    Erschienen: January 2020
    Verlag:  Verein für Socialpolitik, [Köln]

    This paper examines efficiency in the provision and utilization of a congestible public input in a symmetric tax competition framework with wage rigidities. Despite the fact that also lump-sum taxation is available for regional governments,... mehr

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    Standort:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signatur:
    DSM 13
    Fernleihe:
    keine Fernleihe

     

    This paper examines efficiency in the provision and utilization of a congestible public input in a symmetric tax competition framework with wage rigidities. Despite the fact that also lump-sum taxation is available for regional governments, second-best efficiency emerges only as a special case in the non-cooperative equilibrium. In the special case with Cobb-Douglas production, the congestion technology can be shown to be crucial for the analysis of efficiency in the decentralized equilibrium. Assuming decreasing marginal congestion, efficiency in the non-cooperative equilibrium is determined alone by the production and congestion elasticities. In contrast, factor prices such as the level of the wage rigidity and corresponding employment levels are, in addition, important to determine whether both provision and utilization levels of the public input are efficient in case of increasing marginal congestion.

     
    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/224625
    Schriftenreihe: Jahrestagung 2020 / Verein für Socialpolitik ; 5
    Schlagworte: Fiscal competition; public inputs; wage rigidities; congestion
    Umfang: 1 Online-Ressource (circa 30 Seiten), Illustrationen
  2. Unemployment, fiscal competition, and the composition of public expenditure
    Autor*in: Kikuchi, Yuya; Kuzawa, Arihiro; Tamai, Toshiki
    Erschienen: February 2022
    Verlag:  Kyoto University, Kyoto, Japan

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    Verlag (kostenfrei)

    Standort:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signatur:
    VS 766
    Fernleihe:
    keine Fernleihe
    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Schriftenreihe: KIER discussion paper series ; no. 1072
    Schlagworte: Fiscal Competition; Unemployment; public inputs; public goods
    Umfang: 1 Online-Ressource (circa 27 Seiten)