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Article :
Grégoire Rota-Graziosi, Author ; Hubert Kempf, Author |Cellini and Lambertini endogenize through a timing game the moves of the central bank and the private sector in a model of monetary policy la Barro and Gordon. They find a multiplicity of equilibria, as the two Stackelberg outcomes emerge as the[...]
Qu’est-ce qu’une union monétaire ? Peut-on définir de « bonnes » institutions et de « bonnes » politiques pour une telle union ? Comment s’articulent les politiques économiques et quels problèmes se posent à une union monétaire, susceptibles de [...]
Article :
Grégoire Rota-Graziosi, Author ; Hubert Kempf, Author |In this paper we extend the standard approach of horizontal tax competition by endogenizing the timing of decisions made by the competing jurisdictions. Following the literature on the endogenous timing in duopoly games, we consider a pre-play s[...]
Hubert Kempf, Author ; Grégoire Rota-Graziosi, Author | Université Paris Sorbonne | Documents de Travail, CES Sorbonne, ISSN 1955-611X | 2010In this paper, we extend the stansard approach of horizontal tax competition by endogenizing the timing of decisions made by the competing jurisdictions. Following the literature on the endogenous timing in duopoly games, we consider a pre-play [...]
Article :
Hubert Kempf, Author ; Grégoire Rota-Graziosi, Author |Ogawa (Int Tax Public Financ 20(3):474–484, 2013) discusses the analysis of Kempf and Rota-Graziosi (J Public Econ 94(9–10):768–776, 2010a) by taking into account capital ownership in the government’s objective functions. He establishes that the[...]
Article :
We address in this paper the issue of leadership when two governments provide public goods to their constituencies with cross-border externalities as both public goods are valued by consumers in both countries. We study a timing game between two[...]
Grégoire Rota-Graziosi ; Hubert Kempf | Clermont-Ferrand : Centre d'études et de recherches sur le développement international (Cerdi) | Études et Documents Cerdi, ISSN 2114-7957 | 2008We address in this paper the issue of leadership when two governments provide public goods to their constituencies with cross border externalities as both public goods are valued by consumers in both countries. We study a timing game between two[...]
S'efforçant de comprendre le fonctionnement et les problèmes globaux d'une économie de marché puis de leur trouver des solutions, la macroéconomie est un domaine d'étude dont les enjeux, sont considérables, qu'ils soient économiques [...]
Article :
Hubert Kempf, Author ; Grégoire Rota-Graziosi, Author |We investigate the endogenous choice of leadership in commodity tax competition. We apply an endogenous timing game, where jurisdictions commit themselves to lead or to follow, to the Kanbur and Keen (1993) model. The Subgame Perfect Nash Equili[...]
Hubert Kempf, Author ; Grégoire Rota-Graziosi, Author | Université Paris Sorbonne | Documents de Travail, CES Sorbonne, ISSN 1955-611X | 2010-05This note investigates the endogenous choice of leadership in commodity tax competition. We apply an endogenous timing game, where jurisdictions commit themselves to lead or to follow, to the Kanbur and Keen (1993) model. We show that the Subgam[...]
