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Scholars emphasize that poverty in Britain has risen sharply since the late 1970s. Meanwhile in the United States, both … official figures and traditional poverty scholars report sharp declines in poverty. We seek to provide a comparison of poverty …, or policy-account for the observed changes in poverty in the two nations and what role could policy play in reducing …
Persistent link: https://www.econbiz.de/10012470471
When self-interested agents compete for scarce resources, they often exaggerate the promise of their activities. As such, principals must consider both the quality of each opportunity and each agent's credibility. We show that principals are better off with less transparency because they gain...
Persistent link: https://www.econbiz.de/10012455408
We elaborate on the business cycle accounting method proposed by Chari, Kehoe, and McGrattan (2007), clear up some …
Persistent link: https://www.econbiz.de/10012456017
This paper investigates the impact of market structure on the joint determination of exchange rate pass- through and currency of invoicing in international trade. A novel feature of the study is the focus on market share of firms on both sides of the market--that is, exporting firms and...
Persistent link: https://www.econbiz.de/10012457255
teacher effects are likely biased. After accounting for these biases, high-school algebra and English teachers have much …
Persistent link: https://www.econbiz.de/10012460935
This paper comprehensively reviews Accounting for Income Taxes (AFIT). The first half provides background and a primer …
Persistent link: https://www.econbiz.de/10012462987
across time and across the world. Growth accounting is the principal quantitative tool for understanding this phenomenon, and … for assessing the prospects for further increases in living standards. This paper sets out the general growth accounting …
Persistent link: https://www.econbiz.de/10012463309
This paper presents a simple agency model to explain why third-party income reporting by employers dramatically improves income tax enforcement. Modern firms have a large number of employees and carry out complex production tasks, which requires the use of accurate business records. Because such...
Persistent link: https://www.econbiz.de/10012463431
traders to build credits that generate a high level of accounting profits. Constructing opportunity-cost measures of profit … to identify the true sources of accounting profit and to challenge counterfeit earnings …
Persistent link: https://www.econbiz.de/10012471988
This essay surveys the literature on Chapter 11. I start by discussing the objectives by which the performance of corporate reorganization rules is to be judged and then consider the fundamental problem of valuation that arises in corporate reorganization. I next turn to examine the performance...
Persistent link: https://www.econbiz.de/10012472332