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Yukos Crisis, as a legitimate battle against corruption. However, in the transition economies, the state can abuse its power … retaining its monopoly power as a “fight with corruption”. In this paper we build a game between the state firm (government) and …
Persistent link: https://www.econbiz.de/10008695065
This research is conducted to quantitatively measure the relationship between corruption and public investment at … municipalities’ level in Indonesia. According to Nash Equilibrium derived from mixed strategies, the relationship between corruption … and public investment can be both positive and negative depending on the level of the corruption Index. Moreover, the …
Persistent link: https://www.econbiz.de/10008534237
The study of the link between debt and growth has been full of debates, both in theory and empirics. However, there is …
Persistent link: https://www.econbiz.de/10011259050
The purpose of this paper is twofold: first, to discuss the theoretical foundations and policy implications of two of the offshoots of modern macroeconomics viz., supply-side economics and rational expectations; and second to evaluate the recent development of thinking in macroeconomics. Thereby...
Persistent link: https://www.econbiz.de/10008740574
In our paper, we try to investigate the courses of inflation tax and seigniorage revenue for policy makers of the Turkish economy. For this purpose, we first construct an ex-ante seigniorage revenue maximizing inflation model, and then calculate annual inflation tax and seigniorage revenues for...
Persistent link: https://www.econbiz.de/10008543529
The paper aims to model the underground economy using two different models: one based on the labor supply method and a generalized model for the allocation of time. The model based on the labor supply method is conceived as a simulating one in order to determine some reasonable thresholds of the...
Persistent link: https://www.econbiz.de/10005616894
“Reaganomics” is a popular term used to refer to the economic policies of Ronald W. Reagan, the 40th U.S. President (1981–1989), which called for widespread tax cuts, decreased social spending, increased military spending, and the deregulation of domestic markets. In this paper, we analyze...
Persistent link: https://www.econbiz.de/10008685498
High taxation is found to lead not to less labor supply but to more tax evasion and/or black labor. Investigating next what this implies for the course of the tax revenue and subsequently for the shape of the Laffer curve, this curve is found to change with the tax induced change of taxpayer...
Persistent link: https://www.econbiz.de/10011201267
“Reaganomics” is a popular term used to refer to the economic policies of Ronald W. Reagan, the 40th U.S. President (1981–1989), which called for widespread tax cuts, decreased social spending, increased military spending, and the deregulation of domestic markets. In this paper, we analyze...
Persistent link: https://www.econbiz.de/10008636538
In recent years much attention is being paid to teh issue of taxation in Canada. Many economists, politicians, and the public believe taht the tax burden is becoming unbearable. In order to argue in this, one needs to know how taxation distorts the output and income in the Canadian economy. The...
Persistent link: https://www.econbiz.de/10005787060