The COVID-19 pandemic increased public debt and changed the income distribution in many countries. We use a numerical simulation approach to derive optimal nonlinear marginal tax rates for the pre-crisis and crisis periods. We contribute to the literature by examining optimal tax rates...

We extend the model by DeGrauwe and Grimaldi (2006, EER) by currency transaction taxes. This model explains the exchange rate behavior by the interaction of heterogeneous traders who display either trend chasing behavior or rely on a return of the exchange rate back to its arbitrage free...

We analyze income tax evasion dynamics in a standard model of statistical mechanics, the Ising model of ferromagnetism. However, in contrast to previous research, we use an inhomogeneous multi-dimensional Ising model where the local degrees of freedom (agents) are subject to a specific social...

Uncertainty of returns from marketing is an extremely important factor affecting the diffusion of a wide range of genetically modified (GM) crops worldwide. Biotech companies face complicated choices in making decisions about whether to enter agricultural markets in different countries with...

Purpose: We aim at "heavy traffic direction" and "light traffic direction" in two-way waterway traffic and attempt to promote the transit capacity of two-way waterway system. Design/methodology/approach: We propose overtaking rules, head-on rules and a cellular automaton model for variable...

This paper explores the design parameters of high-voltage coils of three-phase transformers and the effects of eddy current losses caused by energy conversion. The commercial software, ANSYS-Maxwell, was employed to conduct the simulation of electrical and magnetic fields. The design parameters...

During the past few years, the plant nursery sector has drastically minimized its carbon footprint by using geothermal systems for heating rather than fossil fuel. This study aims to define the temperature range inside a greenhouse by means of a multiparametric analysis, with regard to several...

Abstract Objectives The main objective of this research is to demonstrate the effectiveness of non-pharmaceutical interventions (social isolation and quarantine) and of vaccination. Methods The SIR epidemiological numerical model has been revised to obtain a new model (SAIRDQ), which involves...

Abstract Objectives: Compartmental models are helpful tools to simulate and predict the spread of infectious diseases. In this work we use the SEIR model to discuss the spreading of COVID-19 pandemic for countries with the most confirmed cases up to the end of 2020, i.e. the United States,...