Showing 1 - 10 of 98
This paper critiques the arguments put by the Howard Government for an unadulterated, flat rate GST policy, by taking …
Persistent link: https://www.econbiz.de/10004971398
Taxation is only sustainable if the general public complies with it. This observation is uncontroversial with tax … which the power to tax is irretrievably conferred by individuals to government, which can then levy any tax it chooses. In … with taxation, obtaining predictions that in some cases point to a re-interpretation of the theoretical constructions of …
Persistent link: https://www.econbiz.de/10005114245
We analyze demand for prepaid cellular voice and short message service (SMS) in South Africa by means of a demand-and-supply structural model based on a multinomial specification fitted to a cross-sectional data set on Vodacom customers collected in 2005. We find that consumers are very...
Persistent link: https://www.econbiz.de/10005114282
We develop a diagrammatic framework that can be used to study the economic linkages between regions or cities. Hitherto, such linkages have not been the primary focus of either the theoretical or empirical literatures. We use the framework to analyse the impact of shocks that occur in one region...
Persistent link: https://www.econbiz.de/10005666755
We consider the literatures on urban systems and New Economic Geography to examine questions concerning agglomeration and how areas respond to shocks to the economic environment. We first propose a diagrammatic framework to compare the two approaches. We then use this framework to study a number...
Persistent link: https://www.econbiz.de/10005791290
This paper proposes a rule to determine the winner of a soccer match which is different from the traditional penalty shoot-outs at the end of extra time. We show that games can be more attractive if penalties are shot before extra time and the outcome counts only if the tie is preserved during...
Persistent link: https://www.econbiz.de/10005662167
We model the brain as a multi-agent organization. Based on recent neuroscience evidence, we assume that different systems of the brain have different time-horizons and different access to information. Introducing asymmetric information as a restriction on optimal choices generates endogenous...
Persistent link: https://www.econbiz.de/10005662301
Building on evidence from neurobiology and neuroscience, we model the physiological limitations faced by individuals in the process of decision-making that starts with sensory perception and ends in action selection. The brain sets a neuronal threshold, observes whether the neuronal cell firing...
Persistent link: https://www.econbiz.de/10005656356
Can public insurance through redistributive income taxation improve the allocation of risk in an economy in which … quantitatively important, as is the positive insurance effect of taxation in the Bewley model. …
Persistent link: https://www.econbiz.de/10008468593
This paper provides a comprehensive survey of seven aspects of rising inequality that are usually discussed separately: changes in labor’s share of income; inequality at the bottom of the income distribution, including labor mobility; skill-biased technical change; inequality among high incomes;...
Persistent link: https://www.econbiz.de/10005123580