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the costs associated with investment in fiber-optic networks are likely recoverable in some markets, but that there is a … large gap between social and private incentives to invest …
Persistent link: https://www.econbiz.de/10013019517
This paper examines the characteristics of and interactions among measures to effect saving and investment incentives … ("S-I incentives")in the context of an income tax system that is inadequately indexed for inflation. Examples are … incentives are classified into "consumption tax" and "direct grant" types, and it is shown that these differ in their influence …
Persistent link: https://www.econbiz.de/10013210611
: greater investment by an agent shifts the attack to other parts of the network …
Persistent link: https://www.econbiz.de/10013079755
the present value of the returns from an initial investment of [1pound], using the social discount rate, should be equal … revisions in evaluating the neutrality of different incentives. Another point we would make is that Boadway's results depend … these important elements of the problem, general results about the neutrality of different incentives can no longer be …
Persistent link: https://www.econbiz.de/10013231001
and base salary to assure their incentives for full effort. In addition to providing equity finance, venture capitalists …, progressive taxation as well as investment and output subsidies to the entrepreneurial sector …
Persistent link: https://www.econbiz.de/10012783952
This paper develops a simple theoretical framework to study a set of regions, each with its own regional government, who share a union or central government. These governments must decide whether to implement or discard a large number of projects that produce local benefits for the region that...
Persistent link: https://www.econbiz.de/10012864805
Existing research tends to show that profit-sharing plans for employees are associated with higher company productivity and profitability, though the causality and mechanisms are unclear. This study uses new data from a survey of 500 U.S. public companies, and panel data on corporate...
Persistent link: https://www.econbiz.de/10013225823
We document that the percentage of all U.S. assets that are "safe" has remained stable at about 33 percent since 1952. This stable ratio is a rare example of calm in a rapidly changing financial world. Over the same time period, the ratio of U.S. assets to GDP has increased by a factor of 2.5,...
Persistent link: https://www.econbiz.de/10013112039
We examine a sample of over thirty thousand transactions by corporate and other venture organizations. Corporate venture investments in entrepreneurial firms appear to be at least as successful (using such measures as the probability of the portfolio firm going public) as those backed by...
Persistent link: https://www.econbiz.de/10012788317
Entrepreneurs who start new firms may choose not-for-profit status as a means of committing to soft incentives. Such … incentives protect donors, volunteers, consumers and employees from ex post expropriation of profits by the entrepreneur. We … high quality products, the incentives are even softer, and, moreover, non-profit status can serve as a signal of that taste …
Persistent link: https://www.econbiz.de/10013216495