Ingrid Kubin

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This article introduces a social planner version of a model central to the New Economic Geography for explicitly answering whether the symmetric equilibrium outcome of the decentralized market economy is socially desirable. We find that savings incentives are too weak, resulting in an inefficiently low capital stock and therefore an inadequate number of(More)
We analyze the effects of factor taxes in a standard 2x2x2 model of international trade with internationally immobile factors, modified to allow for involuntary unemployment. Factor taxes that increase employment are shown to be potentially welfare reducing in the open economy due to an induced negative terms of trade effect-a case that we label " induced(More)
This paper examines the long-term behavior of a discrete-time Footloose Capital model, where capitalists, who are themselves immobile between regions, move their physical capital between regions in response to economic incentives. The spatial location of industry can exhibit cycles of any periodicity or behave chaotically. Long-term behavior is highly(More)
Recently, the theory of labour supply has been challenged by a large numberof empirical studies. By and large, the theory of labour supply has (with only a few exceptions) neglected the impact of interdependences of preferences as well as the innuence of the own job experience on the decision to supply labour. In our paper, these eeects are studied. We s h(More)
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