Some previous analyses have suggested that the smoothing of tax rates over time would be a desirable guide for public debt management. One implication of this viewpoint is that future changes in tax rates would be unpredictable based on current information. This proposition is tested by...

1. Introduction / Patrick van der Duin -- 2. Developing scenarios / Jan Nekkers -- 3. Trend analysis / Tessa Cramer, Patrick van der Duin and Christianne Heselmans -- 4. The Delphi method / Vincent Marchau and Erik van de Linde -- 5. Technological forecasting / Scott W. Cunningham and Jan H....

Some previous analyses have suggested that the smoothing of tax rates over time would be a desirable guide for public debt management. One implication of this viewpoint is that future changes in tax rates would be unpredictable based on current information. This proposition is tested by...

Proprietors are an important group of stockholders and non-diversifiable entrepreneurial risk could therefore help explain time-varying risk premia on the aggregate stock market. This paper suggests an entrepreneurial distress factor that is highly correlated with the aggregate...