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Bemerkungen zum Steuermultiplikator Die Schlußfolgerung von Holmes und Smyth (1972), die in der Literatur starke Beachtung fand, zeigt, daß eine Politik der Steuersenkung die Inlandsproduktion senken kann, sofern die Geldnachfragefunktion mehr durch das verfügbare Einkommen als durch das...
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This paper presents an in - depth anatomy on the comparative statics and dynamics analyzes within an intertemporal optimization framework. Readers may find it useful supplement to teaching and learning graduate production theory. First, we delineate three of the drawbacks in the phase diagram...
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We develop a framework to study analytically and quantitatively relentless cross-border casino competition with social-disorder and income-creation externalities. Two bordering casinos compete with each other for the external source of demand of recreational and problem gamblers from the...
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