Charles Wyplosz, The Graduate Institute Geneva
“Tax competition is a Nash game that stands to hurt everyone. But, given high tax rates in Europe, tax competition keeps the lid on.”
Response: Agree
Nicholas Bloom, Stanford
“This helps reduce capital taxes, but risks generating incentives for bureaucracy and even corruption in governments.”
Response: Uncertain
Rachel Griffith, University of Manchester
“European countries largely compete against each other for firm location, so gains in one country equal losses in another.”
Response: Strongly disagree
Christopher Pissarides, London School of Economics
“The strongest will become stronger and the weakest weaker!”
Response: Strongly disagree
About the European IGM Economic Experts Panel
To assess the extent to which economists agree or disagree on major public-policy issues facing Europe, Booth’s Initiative on Global Markets has assembled and regularly polls a diverse panel of expert economists, all senior faculty at elite research universities. The panel includes 50 economists from 27 major universities and business schools. Questions are emailed individually to the panel members, and panelists may consult whatever resources they like before answering. Members of the public are free to suggest questions.