Showing 1 - 10 of 353
Drug abuse inflicts considerable harm on users, non-using persons and on society, and a variety of means to curtail consumption of illegal drugs have been adopted. The consumption of drugs differ from consumption of most other goods in that it involves addiction. Inter-temporal models are needed...
Persistent link: https://www.econbiz.de/10010284391
TNF-alpha inhibitors represent one of the most important areas of biopharmaceuticals by sales, with three blockbusters accounting for 8 % of total pharmaceutical sale in Norway. With use of a unique natural policy experiment in Norway, this paper examines to what extent the identity of the...
Persistent link: https://www.econbiz.de/10010275649
We revisit the identification argument of Kirkeboen et al. (2016) who showed how one may combine instruments for multiple unordered treatments with information about individuals' ranking of these treatments to achieve identification while allowing for both observed and unobserved heterogeneity...
Persistent link: https://www.econbiz.de/10014540914
Strategic incentives may lead to inefficient and unequal provision of public services. A prominent example is school admissions. Existing research shows that applicants "play the system" by submitting school rankings strategically. We investigate whether applicants also play the system by...
Persistent link: https://www.econbiz.de/10014540921
This paper considers estimation of the regression function and its derivatives in nonparametric regression with fractional time series errors. We focus on investigating the properties of a kernel dependent function V (delta) in the asymptotic variance and finding closed form formula of it, where...
Persistent link: https://www.econbiz.de/10010263412
implications of the market microstructure theory on the relationship between price movements and other marks of the trading process. …
Persistent link: https://www.econbiz.de/10010263413
This paper analyzes the choice of taxes and international information exchange by governments in a capital tax competition model. We explain situations where countries can choose tax rates on tax savings income and exchange information about the domestic savings of foreigners, implying that the...
Persistent link: https://www.econbiz.de/10010263415
This paper examines information sharing between governments in an optimaltaxation framework. We present a taxonomy of alternative systems of international capital-income taxation and characterize the choice of tax rates and information exchange. The model reproduces the conclusion of the...
Persistent link: https://www.econbiz.de/10010263416
In diesem Beitrag wird untersucht, welchen Einfluss die Entlohnung eines Managers mit Fixum und gewinnbezogenem Bonus auf seinen Arbeitseinsatz und seine Bilanzpolitik ausübt. Dazu wird das LEN-Modell auf die gesamte Lebensdauer des Unternehmens erweitert. Die Gewinnmanipulationen müssen sich...
Persistent link: https://www.econbiz.de/10010263417
In a simple portfolio choice model of two assets a foreign exchange transactions tax is implemented. We show that the graph in the mu-sigma[square] range is still a parabola and delineate its characteristics for altering tax rates. We presumed a risk avers investor seeking to minimize investment...
Persistent link: https://www.econbiz.de/10010263418