The microeconomics of mobile payments

NETNOMICS: Economic Research and Electronic Networking - In this paper, a Kranzberg [32] - Lancaster [34] approach is employed to investigate the microeconomics of mobile payment methods. The...     

Moralisierung in der Steuerpolitik: Was taugen die jüngsten Steuervorschläge?

Die Bundesregierung hat auf die steigende Staatsverschuldung mit zahlreichen Vorschl?gen zur Ausweitung der Besteuerung reagiert. Allen Vorschl?ge ist gemein, dass sie auf das Gerechtigkeitsempfi nden der Bev?lkerung abzielen und damit leichter durchsetzbar scheinen. Die Autoren erl?utern in diesem Beitrag, ob diese Steuervorschl?ge überhaupt mit den erwünschten Zielen übereinstimmen.     

The hard shadow of the Greek economy: new estimates of the size of the underground economy and its fiscal impact

This article presents new estimates of the Greek underground economy and explores the link between the underground economy and aggregate debt. We show that the Greek underground economy has been underestimated heavily and has been on a rising trend again since Greece adopted the Euro. We also present evidence that the size of the underground economy is positively related to the debt-to-GDP ratio, implying that fighting the underground economy is also conducive to financial and macroeconomic stability. Our results suggest that for our sample of 11 EMU member countries, the loss of the inflation tax as an economic policy instrument had drastic consequences. While the underground economy did not have a statistically significant impact on aggregate debt before the introduction of the Euro, it has pushed up the debt-to-GDP ratio in our sample since.     

Modern Monetary Theory: A Solid Theoretical Foundation of Economic Policy?

Atlantic Economic Journal - This paper shows that so-called modern monetary theory (MMT) lacks a sound economic foundation for its far-reaching policy recommendations. This paper’s main...     

Vaccination Gap,Vaccination Fraud and Inefficient Testing

Intereconomics - A number of shortcomings in Germany’s efforts to contain the spread of the coronavirus, including fraudulent testing, vaccination fraud and insufficient testing capacity have...     

Labor markets and mating markets: Using taxes to reduce the male–female pay gap

Recently, Frank and McKenzie (J Bioecon 8(3):269–274, 2006) pointed out that beside discrimination, there is a further reason for a wage gap between males and females: If females value partner wages more than males in the mating market, this would increase the pay gap. In this paper, it is analyzed whether there exist policies that may improve the position of females and males from a distributional point of view without destroying the signal females want about the labor market success of males. First-best redistribution policies require the knowledge of the male and female wage preferences. Because this information is not available, a first-best redistribution policy seems infeasible. As an alternative policy, a differentiated wage tax is considered which is less information demanding than a first-best policy. It is shown that a welfare increasing wage tax scheme does exist and that an adequately chosen wage tax scheme may decrease the gender wage gap without destroying the desired signal of wages for labor market success.     

Special issue of The International Review of Retail,Distribution and Consumer Research on 20 years of retailing change

This study uses a decompositional choice modelling framework to examine the potential adoption of teleshopping technologies as a function of their characteristics and the characteristics of the competing shopping centres. The investigation suggests that teleshopping will probably play only a minor role in retailing, with adoption rates being highly dependent upon the price a customer has to pay for the items, the price of the system itself, the available selection, and service and delivery charges. Moreover it seems that the attractiveness of the regular shopping centre plays an important role.     

PROGRESSIVE TAXATION AS A MEANS FOR IMPROVING COMPETITIVE BALANCE

The existing instruments for improving the competitive balance within a sports league, such as revenue sharing, restrictions on free agency and salary caps, all have their shortcomings. In this paper, we show that a progressive sports tax, the revenues of which are not redistributed to smaller teams in the league, could be a better instrument. From the broader perspective of the theory of optimum taxation, this instrument may have advantages as well.