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This paper examines the effects of taxation on long-run growthin a two-sector endogenous growth model with (i) physical capitalas an input in the education sector and (ii) leisure as anadditional argument in the utility function. The analysis of theeffects of taxation - including income...
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The survey findings indicate the existence of gap between theory and practice of capital budgeting. Standard appraisal …
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We study the impact of a policy change in the Netherlands that reduced preferential tax treatment duration for high …-skilled migrants arriving from specific countries in certain years. Utilizing comprehensive tax and population data, we document … substantial tax-induced emigration responses, primarily driven by the top 1% of earners. Highly mobile individuals within the top …
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Rational decision-making requires an assessment of advantages and disadvantages of choice possibilities, including non-market effects (such as externalities). This also applies to strategic decision-making in the transport sector (including aviation). In the past decades various decision support...
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