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efficiency (misallocation) costs of a tax system tend to rise geometrically with the marginal tax rate, a massive reduction in …
Persistent link: https://www.econbiz.de/10005560970
The aim of this paper is to emphasize how the correlations between public resources flows and their allocations are manifesting. The results obtained suggest the existence of some “fast” adjustment processes between them, inducted by the intrinsic characteristics of the fiscal policy, and...
Persistent link: https://www.econbiz.de/10005408435
The use of crop yield futures contracts is examined. The expectation being modeled here reflects that of an Illinois … corn and soybeans producer at planting, of revenue realized at harvest. The effects of using price and crop yield contracts … alternatives: 1) a revenue hedge using just price futures, 2) a revenue hedge using crop yield futures, 3) an unhedged scenario …
Persistent link: https://www.econbiz.de/10005413077
This paper studies efficient and egalitarian allocations over a single heterogeneous and infinitely divisible good. We prove the existence of such allocations using only measure-theoretic arguments. Under the additional assumption of complete information, we identify a sufficient condition on...
Persistent link: https://www.econbiz.de/10005077064
From a french pannel of manufacturing firm, this article aims to show that the terms of the debate on the capitalization of small manufacturing firms ought to be clarified. These firms are often said to be undercapitalized, because in relative terms their capital spending is often similar, or...
Persistent link: https://www.econbiz.de/10005134674
The terms of reference for this public inquiry into the Disability Discrimination Act 1992 asked the Commission to look at how effective the Act had been been in achieving its objectives, and to assess the costs and benefits of the Act. In its final assessment, the Commission identified ways in...
Persistent link: https://www.econbiz.de/10005412524
published over the past year that addresses capital market efficiency and summarize lessons that have been learned. The research …
Persistent link: https://www.econbiz.de/10005413072
article I spell out the dominant notions of justice and the consequent criteria of equity for the main domains of global …
Persistent link: https://www.econbiz.de/10005560972
Les interrogations nombreuses au sujet des PME en restent généralement à un constat d' insuffisance de fonds propre, confondant ainsi problème de financement et nature de celui-ci. En outre elles trouvent leur origine dans une comparaison abusive avec les grandes entreprises, ignorant des...
Persistent link: https://www.econbiz.de/10005561653
Our research has endeavoured to exploit recent analyses of products and market diversity in terms of the plurality of worlds of production. We show that there are severals ways to be profitable and there is no hierarchie between them. This study is conducted using a sample data of 1354 French...
Persistent link: https://www.econbiz.de/10005561679