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Stone-geary preferences in overlapping generations economies under pure exchange

Koskela, Erkki; Puhakka, Mikko - 2002

Persistent link: https://www.econbiz.de/10001730120

Optimal capital taxation in economies with unionised and competitive labour markets

Koskela, Erkki; Schöb, Ronnie - 2002

According to the existing literature, capital taxes should not be imposed in the presence of optimal profit taxation in either unionised or competititive labour markets. We show that this conclusion does not hold for an economy with both competitive and unionised sectors, where the competitive...

Persistent link: https://www.econbiz.de/10001732737

On the tree-cutting problem under interest rate and forest value uncertainty

Alvarez, Luis H. R.; Koskela, Erkki - 2002

Persistent link: https://www.econbiz.de/10001733109

Optimal factor taxation under wage bargaining : a dynamic perspective

Koskela, Erkki; Thadden, Leopold von - 2003

We consider the issue of steady-state optimal factor taxation in a Ramsey-type dynamic general equilibrium setting with two distinct distortions: i) taxes on capital and labour are the only available tax instruments for raising revenues, and ii) labour markets are subject to a static...

Persistent link: https://www.econbiz.de/10001733346

A general approach to the stochastic rotation problem with amenity valuation

Alvarez, Luis H. R.; Koskela, Erkki - 2003

, depend on the precise nature of the monetary valuation of amenities and what is the impact of volatility on these concepts … and volatility of forest value in the determination of Wicksellian and Faustmannian thresholds. Our theoretical and … numerical findings emphasize the crucial importance of the nature of amenity valuation for the impact of higher volatility of …