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Tax uncertainty and welfare-improving tax disputes
Hashimzade, Nigar - 2023
Tax law is often uncertain. In particular, the use of tax shelters tends to be in the "grey area" between illegal tax evasion and legal tax avoidance. In this paper I show that uncertainty in tax law can help achieve higher efficiency than allowing or disallowing a tax shelter with certainty....
Persistent link: https://www.econbiz.de/10014252459
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Zur Rolle der Glaubwürdigkeit in der Theorie der Geldpolitik
Issing, Otmar - In: Von der Theorie zur Wirtschaftspolitik - ein …, (pp. 163-180). 1998
Persistent link: https://www.econbiz.de/10001302338
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Making monetary policy : caution, conservatism and the public supply of liquidity
Schellekens, Philip - 2000
Persistent link: https://www.econbiz.de/10001675232
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Uncertainty shocks, central bank characteristics and business cycles
Yıldırım-Karaman, Secil - In: Economic systems 41 (2017) 3, pp. 379-388
Persistent link: https://www.econbiz.de/10011794108
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Monetary Policy Uncertainty and Central Bank Accountability
Nolan, Charles; Schaling, Eric - 1998
There is a considerable academic literature on the relationship between Central Bank independence and inflation but the … issue of Central Bank accountability and its effect of inflation performance has received very little attention. This paper … inflation performance. This follows because, increased uncertainty will cause the public to raise their average inflation …
Persistent link: https://www.econbiz.de/10014064062
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Monetary policy uncertainty and central bank accountability
Nolan, Charles - 1996
Persistent link: https://www.econbiz.de/10013437279
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New activities, the welfare cost of uncertainty and investment policies
Aizenman, Joshua - 1996
Persistent link: https://www.econbiz.de/10000613950
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Risk aversion and the full costs of rent-seeking
Allard, Richard J. - 1994
Persistent link: https://www.econbiz.de/10000148059
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A simple theoretical model of bribe uncertainty
Kuncoro, Ari - In: Economics and finance in Indonesia : EFI 56 (2008) 3, pp. 275-296
Persistent link: https://www.econbiz.de/10003851872
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Caught between Scylla and Charybdis? : regulating bank leverage when there is rent seeking and risk shifting
Acharya, Viral V.; Mehran, Hamid; Thakor, Anjan V. - 2010
Banks face two moral hazard problems: asset substitution by shareholders (e.g., making risky, negative net present value loans) and managerial rent seeking (e.g., investing in inefficient “pet” projects or simply being lazy and uninnovative). The privately optimal level of bank leverage is...
Persistent link: https://www.econbiz.de/10008826858