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Quadratic Utility, Labour Supply and The Welfare Effects of Tax Changes.

Creedy, J. - Department of Economics, Faculty of Business and Economics - 2001

1. Introduction 2. Labour Supply 3. The Slutsky Condition 4. Welfare Changes 4.1 The Expenditure Function 4 ….2 Compensating and Equivalent Variations 5. Numerical Examples 5.1 The Tax System 5.2 Utility and Labour Supply 6. Conclusions …

Persistent link: https://www.econbiz.de/10005574806

Stochastic Growth: Asymptotic Distributions.

Stachurski, J. - Department of Economics, Faculty of Business and Economics - 2001

This note studies conditions under which sequences of capital per head generated by stochastic optimal accumulation …

Persistent link: https://www.econbiz.de/10005750781

Does Capital Chase Labour Internationally.

Clarke, H.R.; Martin, V.L. - Department of Economics, Faculty of Business and Economics - 1995

Persistent link: https://www.econbiz.de/10005574848

Public Infrastructure Spillovers and Growth: Theory and Time Series Evidence for Australia.

Kam, T.C.Y. - Department of Economics, Faculty of Business and Economics - 2001

In this paper, growth of per capita income can be exogenous and/or endogenous due to aggregate public infrastructure spillover. The deterministic Glomm and Ravikumar (1994) model is augmented in this paper to produce a stochastic growth counterpart which has useful time series implications.

Persistent link: https://www.econbiz.de/10005578949

Optimal Hedging and the Value of News.

Brooks, C.; Henry, O.T.; Persand, G. - Department of Economics, Faculty of Business and Economics - 1999

There is much evidence in the literature that the volatility of asset returns, in particular those from stock markets, show evidence of an asymmetric response to good and bad news. This paper considers the impact of news on time varying hedges for financial futures. The models are compared with...

Persistent link: https://www.econbiz.de/10005587709

Household Production and the Household Economy.

Ironmonger, D. - Department of Economics, Faculty of Business and Economics - 2000

consumption, using their own capital and their own unpaid labor. Goods and services produced by households for their own use … of purchased intermediate commodities into final consumption commodities. Households use their own capital and their own …

Persistent link: https://www.econbiz.de/10005587750

Exchange Rates and Macroeconomic Policy with Income-Sensitive Capital Flows.

Perkins, J.O.N. - Department of Economics, Faculty of Business and Economics - 2000

-international flows of capital are now significantly sensitive to changes in income, and to expected changes in income, in different … countries. This assumption is in contrast to that in accepted analysis where international capital flows are sensitive only to … a fixed-exchange rate system) of monetary policy in an open economy will be less than if it is assumed that capital …

Persistent link: https://www.econbiz.de/10005587763

The Socially Optimal Level of Saving in Australia, 1960-61 to 1994-95.

Guests, R.S.; McDonald, I.M. - Department of Economics, Faculty of Business and Economics - 1996

model also determines the socially optimal disposition of saving between domestic capital accumulation and overseas asset …

Persistent link: https://www.econbiz.de/10005587782