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Jánossy elmélete az új növekedéselmélet tükrében

Tarján, Tamás - 2010

If Janossy's theory should concisely be drafted, one might say that he had been researching the "real carrier of … economic development" in a very original way and having formulated his theory in a specific language. He managed to identify … growth theory that have appeared in the nineties. The "real carrier of economic development" matches to the "human capital …

Persistent link: https://www.econbiz.de/10010494419

Import Tariffs Enforcement with Low Administrative Capacity

Tonin, Mirco - 2010

Import tariff receipts represent an important share of government revenues in many developing countries and there has recently been a surge in empirical studies showing how evasion in this field is a pervasive phenomenon. In the case of import tariffs, the tax base is the product of quantity and...

Persistent link: https://www.econbiz.de/10010494438

Varieties of System Transformations and Their Structural Background Based on the IPS Model

Csanádi, Mária - 2011

case to test this theory, measuring the dynamics of system transformation, the consequences of short- and long …

Persistent link: https://www.econbiz.de/10010494454

Minimum Taxes and Repeated Tax Competition

Kiss, Áron - 2011

An agreement about a lower bound for admissible tax rates can reduce the equilibrium tax rate (and thus welfare) in tax competition among fully symmetric countries. This is shown in an infinitely repeated game where the stage game describes the standard tax competition model with source-based...

Persistent link: https://www.econbiz.de/10010494464

Notes on the Bankruptcy Problem: an Application of Hydraulic Rationing

Fleiner, Tamás; Sziklai, Balázs - 2011

We offer a new approach to the well-known bankruptcy problem based on Kaminski's idea. With the help of hydraulic rationing we give a proof to Aumann and Maschlers theorem i.e. the consistent solution of a bankruptcy problem is the nucleolus of the corresponding game. We use a system of vessels...

Persistent link: https://www.econbiz.de/10010494472

Analysis of Stochastic Matching Markets

Biró, Péter; Norman, Gethin - 2011

Suppose that the agents of a matching market contact each other randomly and form new pairs if is in their interest. Does such a process always converge to a stable matching if one exists? If so, how quickly? Are some stable matchings more likely to be obtained by this process than others? In...

Persistent link: https://www.econbiz.de/10010494477

Real Business Cycles with a Human Capital Investment Sector and Endogenous Growth: Persistence, Volatility and Labor Puzzles

Dang, Jing; Gillman, Max; Kejak, Michal - 2011

An identical two-sector productivity shock causes Rybczynski (1955) and Stolper and Samuelson (1941) effects that release leisure time and initially raise the relative price of human capital investment so as to favor it over goods production. Modified by having the household sector produce human...

Persistent link: https://www.econbiz.de/10010494483

Tax Morale and Tax Evasion: Social Preferences and Bounded Rationality

Méder, Zsombor Z.; Simonovits, András; Vincze, János - 2012

We study a family of models of tax evasion, where a flat-rate tax finances only the provision of public goods, neglecting audits and wage differences. We focus on the comparison of two modeling approaches. The first is based on optimizing agents, who are endowed with social preferences, their...

Persistent link: https://www.econbiz.de/10010494496

Power indices expressed in terms of minimal winning coalitions

Lange, Fabien; Kóczy, László Á. - 2012

A voting situation is given by a set of voters and the rules of legislation that determine minimal requirements for a group of voters to pass a motion. A priori measures of voting power, such as the Shapley-Shubik index and the Banzhaf value, show the influence of the individual players in a...

Persistent link: https://www.econbiz.de/10010494516

Sectoral Technology and Structural Transformation

Herrendorf, Berthold; Herrington, Christopher; … - 2012

This paper assesses the importance for structural transformation of three features of sectoral technology: labor-augmenting technological progress, capital intensity, and substitutability between capital and labor. We estimate CES production functions for agriculture, manufacturing, and services...

Persistent link: https://www.econbiz.de/10010494521