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Discussions of efficient environmental policytend to recommend taxes rather than quotas ongrounds of efficiency; a … will not always be discovered.This paper explores the conditions under whichthe efficiency properties of taxes continue … distinction betweentaxes and quotas becomes less clear. Taxes maybe evaded by underreporting of emissions, whilequota violations …
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the effects of taxes. Next, the concept of dignity is explicated and used to evaluate the Swedish welfare state. The … human dignity. Consequently, if we want to promote economic efficiency, growth and dignity the size of the state should be …
Persistent link: https://www.econbiz.de/10005642434
A version of the Black and Scholes dividend yield experiment is conducted, with a view to determining whether there exists a preference for dividends versus capital gains. Using data from the 1960s the experiment reveals a relatively large relationship between dividend yields and risk-adjusted...
Persistent link: https://www.econbiz.de/10010769489
efficiency, equity, and administrative and compliance costs. This paper analyzes tax expenditures in Italy, considering the …
Persistent link: https://www.econbiz.de/10011123882
In this chapter, William Watson challenges Heath's interpretation of the benefits of productivity growth, but agrees with Richard Harris' views on the state of our knowledge about the potential contribution of social programs to productivity growth. Watson tackles Heath's assessment of the...
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