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The Flat Tax: An Examination of the Baltic States
Greenberg, Deena - 2009
The idea of a flat tax, a tax levied at a single rate, has become an increasingly discussed and implemented fiscal strategy across Europe and the rest of the world. Estonia, Latvia, and Lithuania adopted flat tax systems in 1994 and 1995, making them the first modern countries to adopt flat...
Persistent link: https://www.econbiz.de/10009438702
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A TALE OF TWO ECONOMIC DEVELOPMENTS: TUNISIA AND MOROCCO
Friedman, Steven J - 2010
Morocco and Tunisia have both achieved robust economic growth over the last 30 years by utilizing prudent economic planning and implementation. The World Bank heralds both countries as prime examples of how market-friendly capitalist systems can be implemented over a short period of time with...
Persistent link: https://www.econbiz.de/10009439124
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Automatic model selection: a new instrument for social science
Hendry, David F.; Krolzig, Hans-Martin - 2004
The properties of automatic model selection are discussed, focusing on PcGets. We explain the background concepts and why automatic methods can perform well. Criticisms of model selection procedures are noted and rebutted. The algorithm is sketched, distinguishing between costs of search and...
Persistent link: https://www.econbiz.de/10009441474
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Three essays on bank balance sheets and disruptions in the supply of intermediated credit
Kandrac, John Paul - 2011
xi, 101 p. : col. ill.
Persistent link: https://www.econbiz.de/10009447401
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Production under uncertainty and choice under uncertainty in the emergence of generalized expected utility theory
Quiggin, J - 2001
analysis of production under uncertainty. Interest in the foundations of the theory of choice under uncertainty was stimulated … by applications of expected utility theory such as the Sandmo model of production under uncertainty. This interest led to … the development of generalized models including rank-dependent expected utility theory. In turn, the development of …
Persistent link: https://www.econbiz.de/10009447884
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Capital market equilibrium with moral hazard and flexible technology
Quiggin, John; Chambers, Robert G. - 2006
(Magill, M., Quinzii, M., 2002. Capital market equilibrium with moral hazard. Journal of Mathematical Economics 38, 149 …
Persistent link: https://www.econbiz.de/10009447956
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An auction theoretical approach to fiscal wars
Menezes, FM - 2003
I examine a situation where a firm chooses to locate a new factory in one of several jurisdictions. The value of the factory may differ among jurisdictions and it depends on the private information held by each jurisdiction. Jurisdictions compete for the location of the new factory. This...
Persistent link: https://www.econbiz.de/10009447959
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Sequential asymmetric auctions with endogenous participation
Menezes, FM; Monteiro, PK - 1997
In this paper we suggest a model of sequential auctions with endogenous participation where each bidder conjectures about the number of participants at each round. Then, after learning his value, each bidder decides whether or not to participate in the auction. In the calculation of his expected...
Persistent link: https://www.econbiz.de/10009447972
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Transformational leadership, corporate cultism and the spirituality paradigm: An unholy trinity in the workplace?
Tourish, Dennis; Pinnington, Ashly - 2002
' (henceforth, TL). The theory is closely linked to the growth in what has been defined as corporate culturism - an emphasis on the … theory, and subjects the concept to a critical analysis. In particular, similarities are identified between the components …
Persistent link: https://www.econbiz.de/10009448006
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A multiple account framework for cost-benefit analysis
Campbell, Harry F.; Brown, Richard P. C. - 2005
The paper presents a spreadsheet-based multiple account framework for cost-benefit analysis which incorporates all the usual concerns of cost-benefit analysts such as shadow-pricing to account for market failure. distribution of net benefits. sensitivity and risk analysis, cost of public funds,...
Persistent link: https://www.econbiz.de/10009448053