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"In recent years there have been a number of new developments in what came to be known as the "Capital Theory Debates …". The debates took place mainly during the 1960s as a result of Piero Sraffa's critique of the neoclassical theory according … summarizes the debates and issues around the theory of capital and brings to the fore the more recent developments. It also …
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In this study we assess the impact of the Working Income Tax Benefit (WITB) on labour supply, GDP and income distribution in Canada, using a general equilibrium microsimulation model. We also estimate labour supply and demand elasticities using survey data to ensure that households’ behaviour...
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Low labour market participation, together with the high effective tax wedge at low wage levels, create a fertile ground for the introduction of the in-work benefits (IWB) in Serbia. Our paper provides an ex-ante evaluation of the two IWB schemes, directed at stimulating the labour supply and...
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