Intangible capital is an important factor of production in modern economies that is generally neglected in business … cycle analyses. We demonstrate that intangible capital can have a substantial impact on business cycle dynamics, especially … if the intangible is complementary with production capacity. We focus on customer capital: the capital embodied in the …

The authors examine the relative importance of the growth of physical and human capital and the growth of total factor …

corporate tax borne by capital and labor and the efficiency effects of corporate income tax. The data for the study is compiled … period 2000-15. Our empirical estimates suggest that in India capital bears more of the burden of corporate taxes than labor … capital, it confirms the existing empirical results in the context of India. …

analysis is conducted at two primary levels of abstraction - "capital in general" (where competition between individual … located at the level of "capital in general" and the analysis in the third volume is located at the level of "many capitals …

We scrutinize the monetary transmission mechanism in New-Keynesian models, focusing on the role of capital, the key …

motive for expectation management that aims towards the manipulation of equilibrium prices of government debt in a favorable …

We examine the impact of different degrees of fiscal feedback on debt in an economy with nominal rigidities where …

In this paper I test two models of strategic debt behavior. The general idea is that if a government anticipates the … possibility of defeat in the next election it will try to use the debt strategically in order to influence the policy of its … successor. Previous empirical studies have either rejected the strategic explanation of debt or have not been able to isolate …