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In this paper we investigate the introduction of an export tax on steam coal levied by an individual country (Australia), or a group of major exporting countries. The policy motivation would be twofold: generating tax revenues against the background of improved terms-of-trade, while CO2...
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In a less widely known contribution, Béla Martos (1966, Hungarian Academy of Sciences) introduced a generalized notion of concavity that is closely related to what is nowadays known as r-concavity in the operations research literature, and that is identical to what is nowadays known as...
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We look at the theory of arbitrage with taxation under certainty. The tax scale in our model is not linear. Under the …
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such partial information is derived. Moreover, it is shown that unemployment on the side of the productive poor may still …
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