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The Securities Industry and the New York–New Jersey Region
Cantor, Richard - Federal Reserve Bank <New York, NY>; London School of … - 1997
The securities industry in the New York–New Jerseyregion is currently enjoying strong growth in employmentand salaries. The industry is particularly important to theregion because it is concentrated locally and pays highwages. Although vulnerable to stock and bond marketfluctuations, the...
Persistent link: https://www.econbiz.de/10005870329
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Consumption and Cash-Flow Taxes in an InternationalSetting
Auerbach, Alan J.; Devereux, Michael P. - London School of Economics and Political Science - 2010
cash-flow tax on asource basis creates welfare-impairing distortions to production and consumption, butis incident on the … owners of domestic production who may be non-resident. By contrast,a destination-based cash-flow tax does not distort …
Persistent link: https://www.econbiz.de/10009347517