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Rent taxation for nonrenewable resources
Lund, Diderik - 2009
The literature on taxation of rents from nonrenewable resources uses different theoretical assumptions and methods and a variety of empirical observations to arrive at widely diverging conclusions. Many studies use models and methods which disregard uncertainty, investigating distortionary...
Persistent link: https://www.econbiz.de/10003791130
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Rent Taxation for Nonrenewable Resources
Lund, Diderik - 2014
The literature on taxation of rents from nonrenewable resources uses different theoretical assumptions and methods and a variety of empirical observations to arrive at widely diverging conclusions. Many studies use models and methods which disregard uncertainty, investigating distortionary...
Persistent link: https://www.econbiz.de/10014210474
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Sharing Risk to Avoid Tragedy : Informal Insurance and Irrigation in Village Economies
Mazur, Karol - 2020
Motivated by co-operational patterns of farmer societies in developing countries, I present a model of joint interaction between risk sharing against idiosyncratic shocks and co-operation over public investments reducing aggregate risk in presence of limited commitment constraints. The model is...
Persistent link: https://www.econbiz.de/10012850275
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Resource extraction and uncertain tipping points
Vislie, Jon - 2017
A global planning problem is analyzed for extracting an exhaustible resource like oil when resource extraction - the only source for current consumption - also generates additions to the stock of GHGs that influence the likelihood of hitting a threshold representing climate change. We derive...
Persistent link: https://www.econbiz.de/10011636059
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The cross-section of firms over the business cycle : new facts and a DSGE exploration
Bachmann, Ruediger; Bayer, Christian - 2009
-sections of firm-level real value added and Solow residual innovations, as well as capital and employment adjustment. We find two …
Persistent link: https://www.econbiz.de/10003888063
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Firm-specific productivity risk over the business cycle : facts and aggregate implications
Bachmann, Ruediger; Bayer, Christian - 2009
question in the context of a heterogeneous-firm RBC model with persistent firm-level productivity shocks and lumpy capital …
Persistent link: https://www.econbiz.de/10003898815
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Policy Uncertainty in Japan
Arbatli, Elif C. - 2019
We develop new economic policy uncertainty (EPU) indices for Japan from January 1987 onwards, building on the approach of Baker, Bloom and Davis (2016). Each index reflects the frequency of newspaper articles that contain certain terms pertaining to the economy, policy matters, and uncertainty....
Persistent link: https://www.econbiz.de/10012901838
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Policy Uncertainty in Japan
Arbatli, Elif C. - 2017
We develop new economic policy uncertainty (EPU) indices for Japan from January 1987 onwards building on the approach of Baker, Bloom and Davis (2016). Each index reflects the frequency of newspaper articles that contain certain terms pertaining to the economy, policy matters and uncertainty....
Persistent link: https://www.econbiz.de/10012950422
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Safety, Risk and the Precautionary Principle : Rethinking Precautionary Approaches to the Regulation of Transgenic Plants
Conko, Gregory - 2015
Operationalizing the Cartagena Protocol on Biosafety will require resolving disputes about the meaning of the term 'precautionary approach' in the treaty text. Although the terms precautionary approach and precautionary principle have been referred to in the regulation of transgenic plants for...
Persistent link: https://www.econbiz.de/10014061213
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Capital Taxation with Entrepreneurial Risk
Panousi, Vasia - 2011
This paper studies the effects of capital taxation in a dynamic heterogeneous-agent economy with uninsurable … impacts only labor income, here it is shown that capital taxation may actually stimulate capital accumulation. This … possibility emerges because of the general-equilibrium effects of the insurance aspect of capital taxation. In particular, for the …
Persistent link: https://www.econbiz.de/10013118438