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Survey and experimental evidence point to the existence of a pervasive set of culturally-related barriers. These include lack of mentoring and role models, exclusion from informal networks, gender based stereotyping, display of style different than the organizational norms, difficulties in...
Persistent link: https://www.econbiz.de/10010554619
Summarizing, unless admissibility constraints rule out the eventual implementation of the first best, all intertemporal distortions must be transitional. Hence, only settings in which first best allocations are unattainable, such as private information economies, can provide a normative basis...
Persistent link: https://www.econbiz.de/10010554957
This paper introduces households in a dynamic Mirrleesian economy and explores the resulting implications for optimal taxes. Households are modelled as a long run partnerships between two individuals. Each agent also in a long term relationship with the government, whose preferences are defined...
Persistent link: https://www.econbiz.de/10011082213