goods trade model which also captures trade through time in the form of inside money as used in macro literature on one good … way. -- Inside money ; general equilibrium ; Nash equilibrium ; numerical analysis ; tariff rate …

the assumption of a strictly nominal outside option (for instance, unemployment benefits) for the union. There is no … conservative central banker is always optimal if the government can choose the level of unemployment benefits as well as the degree …

money market rate by increasing the rate of remuneration of bank reserves. This, in turn, leads to large transfers of the …

effect of tax-benefit policies. We simulate this effect in the framework of a collective model of labor supply when shifting … from a joint to an individual taxation system in France. We show that the net-of-tax relative earning potential of the wife … sensitivity analysis shows that the collective model would be required if the tax reform was both radical and of extended scope. …

The paper uses both the single rotation and ongoing rotation framework to study the impact of yield tax, lump-sum tax …, cash flow tax and tax on interest rate earnings on the privately optimal rotation period when forest value growth is … stochastic and forest owners are either risk neutral or risk averse. In the case of risk-neutral forest owner higher yield tax …

investment incentives of tax law asymmetries. Integrating an initial loss carryforward at the time of investment creates a … of all parameters under consideration. On average, a domestic minimum tax and a time limit on loss carryforwards tend to …

opposite effects; it increases prices and leads to lower sales. This is not true for ebooks, but a low-tax policy is still …

Beginning in the mid-seventeenth century, England changed its system of raising revenues from tax farming, combined … from tax farmers and monopolists to the central government such that English public finances improved dramatically compared … to both the old system and to its major competitor, France. We offer a theory explaining this development. In our view, a …