Showing 1 - 9 of 9
This paper argues that, to be forward-looking in a logically consistent sense, a decision maker must take account of his overall well-being, not just his instantaneous utility, in all future periods. However, such a decision-maker is necessarily time inconsistent. The paper explores the...
Persistent link: https://www.econbiz.de/10010352845
The control of urban sprawl often involves policies of allowable use zoning. By protecting large areas from development, such policies may, in fact, provoke ?leapfrog? development through their inflationary effect on the land and property markets in the area which is already urbanised. This...
Persistent link: https://www.econbiz.de/10011397338
of contemporary capitalism – capitalisation. This article outlines four current approaches in education research … on cultural and sociological arguments. Without an explicit engagement with the concept of capital and capitalisation …
Persistent link: https://www.econbiz.de/10011644653
distributors, must discount expected future earnings to present prices with the forward-looking logic of capitalisation; and …
Persistent link: https://www.econbiz.de/10011904390
income capitalisation method for estimating the distribution of wealth in New Zealand that is based on the approach of Saez … and Zucman (2016; 2022) and adapted for New Zealand data sources, which we term "the New Zealand capitalisation method …". Internationally, taxable income capitalisation has been found to be a high-performing method for estimating asset holdings that …
Persistent link: https://www.econbiz.de/10014563888
Economic theory, as well as empirical findings, suggest that the way in which agricultural support is provided has an influence on land markets, because payments capitalise to some degree into land values, affecting both the sale and rental price of land. The present paper analyses how the...
Persistent link: https://www.econbiz.de/10011496057
This study investigates the impact of the SAPS (Simplified Area Payment Scheme) on rental land values in seven New EU Member States (NMS). Using the FADN farm level panel data with 20,930 observations from 2004 and 2005 we are able to control for unobserved heterogeneity, simultaneity, and...
Persistent link: https://www.econbiz.de/10011496077
Economic theory, as well as empirical findings, suggest that the way in which agricultural support is provided has an influence on land markets, because payments capitalise to some degree into land values, affecting both the sale and rental price of land. The present paper analyses how the...
Persistent link: https://www.econbiz.de/10011496148
by the capitalisation signalling. The investment strategies are classified based on their risk into three categories …
Persistent link: https://www.econbiz.de/10013488678