The goal of this study is to look at different countries, study their redistribution policies and discuss the effects of the redistribution/incentives tradeoff. Since we want to look at countries that display different degrees of government intervention, we pick countries belonging to both...

This study examines the impact of supply chain concentration on firm's financing costs. We show that purchasing firms engaging in multiple supplier relationships are subject to higher firm risk and cost of equity. This effect is more pronounced when the supplier's financial performance...

This article studies income inequality in five countries and compares the redistributive consequences of taxes and transfers across these countries.

In this study, the Ir 33 Ni 28 Ta 39 bulk metallic glass (BMG) is used as the object and the influence of different loads and loading rates on the room-temperature creep behaviour of Ir 33 Ni 28 Ta 39 BMG are investigated using nanoindentation technology. The results show that the...

High-performance foams play significant roles in many industries for thermal insulation and cushion applications. Microcellular foaming with carbon dioxide and nitrogen as blowing agents is an advanced and environmentally friendly technology to prepare polymeric foams with significantly refined...

We use an asset pricing perspective to provide a novel interpretation of the marginal welfare cost of capital income taxes. We show that the marginal welfare cost can be interpreted as the normalized present discounted value of consumption distortions from capital income taxes. Such an...

Campbell and Vuolteenaho (2004) use VAR results to advocate inflation illusion as the explanation for the positive association between inflation and the dividend yield. Contrary to their results, we find that a fully rational dynamic general equilibrium model can generate a positive correlation...

During the recent economic crisis, many countries have adopted stimulus programs designed to achieve two goals: to stimulate economic activity in lagging durable goods sectors and to protect or even enhance environmental quality. The environmental benefits are often viewed and much advocated as...