• Article  

      Cross-border pollution, public pollution abatement and capital tax competition 

      Hadjiyiannis, Costas; Hatzipanayotou, Panos; Michael, Michael S. (2014)
      We analyze the case where governments have to use income tax revenue to finance public pollution abatement and relate the results to the existing literature on capital tax competition. We show that the impact of public ...
    • Article  

      Pollution, capital mobility and tax policies with unemployment 

      Tsakiris, Nikos; Hatzipanayotou, Panos; Michael, Michael S. (2008)
      In this paper we highlight aspects related to the links among unemployment, international capital mobility, and tax policies in a small open developing economy. Without international capital mobility, the joint optimal ...
    • Article  

      Tax competition, capital mobility, and public good provision within a trading block 

      Hatzipanayotou, Panos; Hadjiyiannis, Costas; Michael, Michael S. (2002)
      The authors examine a two-country general-equilibrium model of a two-country trading block where governments through tax policies attract mobile capital and provide an imported public consumption good. Within this framework ...
    • Article  

      Unemployment dynamics with international capital mobility 

      Azariadis, Costas; Pissarides, Christopher A. (2007)
      We study the response of domestic unemployment rates to shocks in total factor productivity for economies with high capital mobility and low labour mobility. We show that high capital mobility amplifies the impact on the ...