WitrynaWe revisit the standard theoretical model of tax competition to consider imperfect mobility of both capital and labor. We show that the mobility of one factor affects the taxation of both factors and that the ”race-to-the-bottom” narrative (with burden shifting) applies essentially to capital-exporting countries. WitrynaImperfect Capital Mobility in an Open Economy Model of Capital Accumulation Prepared by Vladimir Klyuev1 Authorized for distribution by Eric V. Clifton ... mobility even in the absence of institutional restrictions and to generate realistic dynamics of the interest rate differential.

The cornerstones of competitive advantage: A resource-based …

WitrynaIn a few words, no economy can have the following three: perfect capital mobility, fixed exchange rates and an independent and efficient monetary policy. Under the perfect … WitrynaImperfect Capital Mobility in an Open Economy Model of Capital Accumulation Prepared by Vladimir Klyuev1 Authorized for distribution by Eric V. Clifton February … phil mead coventry

Capital Mobility and Stabilization Policy Under Fixed and …

Witryna4 lip 2010 · Imperfect mobility which means that resources cannot be traded. Ex ante limits to competition which suggests that prior to a firm establishing control over a set of resources, there must be limited competition for that positions. In the model, heterogeneity is the major force. Witrynapresence-absence data, allowing for imperfect detection. Beginning from the relatively simple case of estimating the proportion of area or sampling units occupied at the time of surveying, the authors describe a wide variety of extensions that have been developed since the early 2000s. phil mead house