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Die vorliegende Dissertation besteht aus fünf unabhängigen Forschungspapieren über optimale Steuer- und Bildungspolitik, welche ich während meines Promotionsstudiums an der Universität Konstanz erstellt habe. Private Versicherungen gegen Einkommensrisiko können aufgrund von moral hazard...
Persistent link: https://www.econbiz.de/10009471820
Exchange-rate-based inflation stabilization programs cause a sizable loss of inflation tax revenue and thus open a … of inflation tax revenue in the context of an exchange-rate-based stabilization program in an open economy with sticky … prices and monopolistic competition. The combination of smaller monetary and larger tax distortion in the low-inflation …
Persistent link: https://www.econbiz.de/10009450696
Asset pricing models have only partially captured the true inflation risk of equities. The contribution of this paper … is to identify and quantify the extra inflation tax on equities that results when ownership of physical capital is … divided by inflation. We then derive the standard asset-pricing conditions from the consumer's Euler equations and show that …
Persistent link: https://www.econbiz.de/10009475568
Over the past few decades, many countries have experienced a marked decline in the volatility of output. However, there is still a significant difference between developed and developing countries in the level of output volatility. A proposed explanation for this phenomenon is the impact of...
Persistent link: https://www.econbiz.de/10009457744
This paper presents an analysis of how alternative models of the business cycle can replicate the stylized fact that large governments are associated with less volatile economies. Our analysis shows that adding nominal rigidities and costs of capital adjustment to an otherwise standard RBC model...
Persistent link: https://www.econbiz.de/10012530164
University of Minnesota Ph.D. dissertation. August 2009. Major: Economics. Advisor: Larry Jones. 1 computer file (PDF); vii, 102 pages, appendices A-B.
Persistent link: https://www.econbiz.de/10009462770
Optimal tax theory has difficulty rationalizing high marginal tax rates at the upper end of the labor income …
Persistent link: https://www.econbiz.de/10009462836
This dissertation analyzes the optimal mix of direct and indirect taxes in an economy with multiple tax collecting authorities when both the taxes are subject to evasion and to what extent the tax compliance behavior of individuals in the United States are persistent and spatially dependent....
Persistent link: https://www.econbiz.de/10009463380
Following Chamley, Lucas, Laitner, and Aiyagari, this dissertation continues toexplore the answer for the question of zero capital taxation by discussing how taxeson capital income, labor income, and property affect the economy in the contextof a vintage capital model where the embodied...
Persistent link: https://www.econbiz.de/10009465215
Diese Doktorarbeit besteht aus vier eigenständigen Forschungsarbeiten, die in der Zeit von Oktober 2004 bis Oktober 2007 geschrieben wurden, während ich Teilnehmer am "Doctoral Programme in Quantitative Economics and Finance" an der Universität Konstanz war. Meine Forschungsinteressen...
Persistent link: https://www.econbiz.de/10009471697