This article explains the absence of a race to the bottom in capital taxation by analyzing fiscal competition under budget rigidities and tax equity constraints (fairness norms). We outline a politica
The construction of a monetary union with a single currency in Europe raises serious concerns for those who understand the democratic process as one in which social groups compete on different ideolog
This set contains the data used in the empirical analysis of Fincke and Wolski (Are European Fiscal Rules that Bad? Discretionary Fiscal Policies in New Member States, Empirical Economics, 2015). The