Asymmetric capital-tax competition, unemployment and losses from capital market integration

In a multi-country general equilibrium economy with mobile capital and rigidwage unemployment, countries may differ in capital endowments, production technologies and rigid wages. Governments tax capital at the source to maximize national welfare. They account for tax base responses to their tax and...

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Bibliographic Details
Published in:MAGKS - Joint Discussion Paper Series in Economics (Band 40-2009)
Main Authors: Pethig, Rüdiger, Kolleß, Frieder
Format: Work
Language:English
Published: Philipps-Universität Marburg 2009
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Online Access:PDF Full Text
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