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Adaptation, Anticipation-bias and optimal income taxation
Aronsson, Thomas; Schöb, Ronnie - 2012
Adaptation is omnipresent but people systematically fail to correctly anticipate the degree to which they adapt. This leads individuals to make inefficient intertemporal decisions. This paper concerns optimal income taxation to correct for such anticipation-biases in a framework where consumers...
Persistent link: https://www.econbiz.de/10009559801
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From selling goods to selling services : firm responses to trade liberalization
Breinlich, Holger; Soderbery, Anson; Wright, Greg C. - 2014
Persistent link: https://www.econbiz.de/10010464969
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Does fixed-term contract employment raise firms' adjustment-speed? : evidence from an establishment panel for West-Germany
Hagen, Tobias - 2001
, empirical studies using industry-level data find no significant effect of FTCs on employment adjustment. This paper investigates …-Establishment Panel for West Germany in 1996-2000. Using a GMM estimator and comparing the estimated adjustment of total employment to the … adjustment of permanent contract employment some evidence is found that FTCs raise firms' adjustment-speed. …
Persistent link: https://www.econbiz.de/10013428438
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Integration benefits on EU retail credit markets : evidence from interest rate pass-through
Heinemann, Friedrich - 2002
convergence of adjustment speed on the fastest levels. …
Persistent link: https://www.econbiz.de/10013428476