The theory of forest management is applied by estimating a model of timber supply under nonlinear income taxation. Timber supply is derived from a two-period optimization problem, which provides a simple framework for dealing with intertemporal decisions. A contribution of the paper is to allow...

This paper addresses social accounting and welfare measurement in an economy where human capital is an important factor in the economic system. Human capital accumulation depends on the time consumers spend in education. However, human capital is also a separate argument in the production...

We consider a model with a population consisting of earners and retired persons; elderly care is publicly provided. There is one big city, where congestion effects and agglomeration forces are at work, and a number of small villages. We show how the externalities related to population mobility...

This paper concerns optimal nonlinear labor income taxation in an economy with union wage setting and endogenous hours of work. The purpose is to study the determinants of tax progression. We show that the optimal degree of progression of the labor income tax depends on the extent to which the...

Household saving behavior in the Nordic countries is studied by trying to figure out the effects of tax factors on its level and fluctuations. By and large, the lower level of the household saving ratio in the Nordic countries relative to the rest of the OECD can be accounted for by higher...