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The literature on taxation of rents from nonrenewable resources uses different theoretical assumptions and methods and a variety of empirical observations to arrive at widely diverging conclusions. Many studies use models and methods which disregard uncertainty, investigating distortionary...
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A global planning problem is analyzed for extracting an exhaustible resource like oil when resource extraction - the only source for current consumption - also generates additions to the stock of GHGs that influence the likelihood of hitting a threshold representing climate change. We derive...
Persistent link: https://www.econbiz.de/10011636059
question in the context of a heterogeneous-firm RBC model with persistent firm-level productivity shocks and lumpy capital …
Persistent link: https://www.econbiz.de/10003898815
question in the context of a heterogeneousfirm RBC model with persistent firm-level productivity shocks and lumpy capital …
Persistent link: https://www.econbiz.de/10003857672
cross-sections of firm-level real value added and Solow residual innovations, as well as capital and employment adjustment …
Persistent link: https://www.econbiz.de/10003857682
-sections of firm-level real value added and Solow residual innovations, as well as capital and employment adjustment. We find two …
Persistent link: https://www.econbiz.de/10003888063
We present an Uncertainty Perception Indicator (UPI) for Germany based on the dynamic topic modelling technique RollingLDA. In contrast to conventional LDA, where all data is processed in one go, the recursive structure of RollingLDA ensures that data is made available for modeling as soon as it...
Persistent link: https://www.econbiz.de/10015272160
Produktion, Konsum und Investition zu erlangen. Zu diesem Zweck wenden wir ein Strukturelles Vektorautoregressives (SVAR) Modell …
Persistent link: https://www.econbiz.de/10011662699