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. This, in turn, implies that the welfare losses from taxation are small. However, I will argue that: (i) the literature is … taxation on the incentive to accumulate human capital, one finds evidence that labour supply is much more sensitive to income … taxation than previously thought. This implies that optimal tax rates are correspondingly lower. …
Persistent link: https://www.econbiz.de/10011109833
Traditional official definition of ‘work’ in developing countries excludes large number of activities that are predominantly performed by women. Naturally official Female Labour Force Participation Rate is quite low in such countries. Women who are officially in the labourforce must...
Persistent link: https://www.econbiz.de/10011259044
employment dividend can be reaped by productivity growth increases if the labour market starts functioning. The findings also …
Persistent link: https://www.econbiz.de/10009025325
maintain high levels of employment and participation rates, especially among female and older workers, and to reduce structural …
Persistent link: https://www.econbiz.de/10008565130
jurisdictions could probably be reversed if such tools as revenue neutrality of alcohol taxes, heavier taxation of heavy drinkers …
Persistent link: https://www.econbiz.de/10008552796
subject to personal income taxation, the after-tax yield on a discount bond is always higher (or, at worse, equal) to the …
Persistent link: https://www.econbiz.de/10005836625
The European Union has not defined its limits in geographical terms. Each enlargement has led and will lead to a decrease of the European Union’s per capita GDP. After the collapse of the Soviet Union the transition countries went through a long and deep recession. However, they have reached a...
Persistent link: https://www.econbiz.de/10005837160
development of a financial system. In emerging markets, the level of taxation is a positive factor boosting financial development …. At higher tax rates, however, taxation provides an incentive to reduce money demand and reduces the size of the financial …
Persistent link: https://www.econbiz.de/10005837205
In this report, we outline a method for approximating a Markovian (or feedback-Nash) equilibrium of a dynamic game, possibly subject to coupled-constraints. We treat such a game as a "multiple" optimal control problem. A method for approximating a solution to a given optimal control problem via...
Persistent link: https://www.econbiz.de/10005837428
many theories and models including but not limited to Rostow’s Stages of Growth Theory, Harrod-Domar Model, Solow’s Growth … Model, Dependency Theory, Lewis Two Sector Model, Neo-colonial Dependence Model, False-Paradigm Model, and Dualistic … Islamic economics principles have the capacity to ensure that determinants of growth suggested by ‘new growth theory’ will …
Persistent link: https://www.econbiz.de/10011257874