Podcast
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vor 20 Jahren
We set up a simple political economy model where economic
integration raises the profitability of multinational firms. In
this setting redistributive taxation may rise following economic
integration, if the effects of the widened income gap dominate the
higher excess burden of the tax.
integration raises the profitability of multinational firms. In
this setting redistributive taxation may rise following economic
integration, if the effects of the widened income gap dominate the
higher excess burden of the tax.
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