Showing 1 - 10 of 2,253
This paper provides an efficiency argument in favour of progressive labour income taxation. When the consumer faces a trade-off between investments in financial and human capital, a proportional comprehensive income tax tends to discriminate in favour of human capital investments. This effect is...
Persistent link: https://www.econbiz.de/10011408409
Persistent link: https://www.econbiz.de/10001514888
This paper provides an efficiency argument in favor of progressive labor income taxation. When the consumer faces a trade-off between investments in financial and human capital, a proportional comprehensive income tax tends to discriminate in favor of human capital investments. This effect is...
Persistent link: https://www.econbiz.de/10013320715
This paper investigates whether failure in innovation at the firm level can account for cross-country heterogeneity in manufacturing productivity growth. There is no strong evidence in the literature on the existence of such link. Our work, however, differs in a number of ways from much of the...
Persistent link: https://www.econbiz.de/10010298125
Cross-national comparative analysis of generalised social trust in 60 countries shows that it is associated with, and is an integral part of, a tight syndrome of cultural, social, economic, and political variables. High trust countries are characterized by ethnic homogeneity, Protestant...
Persistent link: https://www.econbiz.de/10010304163
In this paper we investigate crude oil and products price dynamics. We present a comparison among ten price series of crude oils and fourteen price series of petroleum products, considering four distinct market areas (Mediterranean, North Western Europe, Latin America and North America) over the...
Persistent link: https://www.econbiz.de/10011325123
Recent research in natural sciences shows that boreal forests' dynamics are much more complex than what many models traditionally used in forestry economics reflect. This essay analyses some challenges of accounting for such complexity. When forest owners continuously harvest several species,...
Persistent link: https://www.econbiz.de/10011325134
Under the Nordic dual income tax system, the taxpayer's total tax bill depends not only on his total income but also on the division of that income between capital income and labor income. This has created new room for tax avoidance, especially for active owners of (closed) corporations. For...
Persistent link: https://www.econbiz.de/10010321734
I use a consumption-based test to examine the importance of income constraints and the degree of capital mobility across the Nordic countries over the period 1968-96. In particular, I explore the effects of financial deregulation of the 1980s. The estimating equation is derived along the lines...
Persistent link: https://www.econbiz.de/10010321799
The paper argues, firstly, that it is in the interest of the Nordic countries to focus increasingly at the EU new Eastern Neighbourhood and make their policies in the region more active. The region is gaining importance for Europe for various reasons, one of which is that the success or failure...
Persistent link: https://www.econbiz.de/10010323439