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What does the capital income tax distort?
Cai, Jinyong; Gokhale, Jagadeesh - Federal Reserve Bank of Cleveland - 1990
In addition to taxing future consumption (including leisure), capital income taxation subsidizes the consumption of durables. the taxation of future consumption may be characterized as an intertemporal distortion, while the subsidy to durables may be characterized as a static distortion. the...
Persistent link: https://www.econbiz.de/10005729051
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A holistic approach to the management of electrical assets within an Australian supply utility
Brown, Colin - University of Western Sydney; Sydney Graduate School of … - 2005
Asset-rich organisations (utilities) within Australia have entered into an era of environmental change, imposed largely by successive Federal and State Governments wanting to exact financial returns from these State Owned Corporations (SOCs). These changes have created a shift in the paradigms...
Persistent link: https://www.econbiz.de/10009482022
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Economic estimates of urban infrastructure needs
Wyckoff, Paul Gary - Federal Reserve Bank of Cleveland - 1984
This paper, critical of commonly employed measures of capital spending needs, offers an alternative method for constructing needs estimates and tests the model using highway spending data for 10 midwestern urban counties.
Persistent link: https://www.econbiz.de/10005729042
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Public infrastructure and regional economic development: a simultaneous equations approach
Duffy-Deno, Kevin T.; Eberts, Randall W. - Federal Reserve Bank of Cleveland - 1989
A study of how public capital stock impacts regional economic development, which jointly models the effects of local … public infrastructure on personal income and the effect of personal income on the allocation of local public outlays. …
Persistent link: https://www.econbiz.de/10005526620
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Federal grant policies and public sector scrappage decisions
Cromwell, Brian A. - Federal Reserve Bank of Cleveland - 1988
An examination of capital policies in the public and private sector through analysis of the scrappage decisions of … to shorter equipment life in the local public sector. …
Persistent link: https://www.econbiz.de/10005428191
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The impact of capital grants on maintenance in the public sector
Cromwell, Brian A. - Federal Reserve Bank of Cleveland - 1988
private owners of transit capital devote significantly greater resources to maintenance than do public owners of similar …
Persistent link: https://www.econbiz.de/10005428240
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Estimating the contribution of urban public infrastructure to regional growth
Eberts, Randall W. - Federal Reserve Bank of Cleveland - 1986
An estimation of components of public capital stock for 38 metropolitan areas from 1953 to 1981, using the perpetual … inventory method. These series are used to estimate the effect of public capital stock on regional manufacturing production. …
Persistent link: https://www.econbiz.de/10005428293
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Estimating the relationship between local, public and private investment
Eberts, Randall W.; Fogerty, Michael S. - Federal Reserve Bank of Cleveland - 1987
A discussion of whether public outlays influence private investment, modeling the timing and effectiveness of public …
Persistent link: https://www.econbiz.de/10005428329
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Cross-sectional analysis of public infrastructure and regional productivity growth
Eberts, Randall W. - Federal Reserve Bank of Cleveland - 1990
An analysis of the relationship between local public capital stock and regional manufacturing output, inputs, and … productivity between 1965 and 1977. Results show that the effect of public capital stock on regional productivity, although limited …, cannot be dismissed, and that public infrastructure appears to be a major factor in explaining growth rates of inputs. …
Persistent link: https://www.econbiz.de/10005428376
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Sovereign lending gone wrong : who bears the costs?
Schraner, Ingrid; Emerging Financial Markets and … - University of Western Sydney; University of Western Sydney; … - 2004
This exploratory issue paper begins with a statement by Joseph Stiglitz, Nobel Laureate in Economic Sciences, which outlines what a well-functioning global financial system would achieve, followed by his dry statement that the current global financial system does none of these things. The paper...
Persistent link: https://www.econbiz.de/10009482147