Showing 898,851 - 898,860 of 902,649
This paper presents an adjusted Faustmann Rule for optimal harvest of a forest in the presence of a social cost of carbon emissions. A contribution of the paper is to do this within theoretical and numerical frameworks that take account of the dynamics and interactions of the forest's multiple...
Persistent link: https://www.econbiz.de/10010288462
. Illustrative simulations show that this approach may be operative under real-world conditions. …
Persistent link: https://www.econbiz.de/10010288469
between more and less poor working people, I show that if a single working type faces a negative tax, it is the poorer one. I …
Persistent link: https://www.econbiz.de/10010288470
Applying a framework of perfect competition under uncertainty, we contribute to the discussion of whether or not ad valorem taxes and specific taxes are equivalent. While this equivalence holds without price uncertainty, we show that ad valorem taxes and specific taxes are almost never...
Persistent link: https://www.econbiz.de/10010288472
countries export labour to a third country. The third country imposes differential tax rates on the income of foreign workers …. We have explored the process of imposition of tax rates by importing country and found that tax burden is higher for the …
Persistent link: https://www.econbiz.de/10010288483
synthesizes and extends endogenous growth models with public finance to compare the growth and welfare maximizing tax rates … the range of trade-offs: the growth maximizing tax rate can lie above, below, or on the welfare maximizing equivalent. We … find however that even relatively large differences in growth and welfare maximizing tax rates translate into relatively …
Persistent link: https://www.econbiz.de/10010288498
We examine how group-specific differences in reservation wage, arising due to asymmetries in social entitlements, impact on distribution via the joint determination of class conflict between workers and employers, and 'ethnic' conflict among workers. We model a two-dimensional contest, where two...
Persistent link: https://www.econbiz.de/10010288526
advantage in home production relative to market work will imply a higher marginal tax rate. Using a realistic calibration, we … show that these two results may combine to imply a higher optimal tax rate on female labor supply. This result stands in …. Extending the model to include altruistic preferences, leisure, or human capital accumulation reduces optimal tax rates, while …
Persistent link: https://www.econbiz.de/10010288714
This paper aims to represent wage bargaining as an optimal control problem. Specifically, by assuming that employment follows a stock adjustment principle towards the level that maximises profits, i.e., towards labour demand, we build an intertemporal optimising model in which the real wage is...
Persistent link: https://www.econbiz.de/10010288725
This paper outlines a multisector dynamic model of the convergence of market prices to natural prices in conditions of fixed technology and composition of demand. Prices and quantities adjust in real-time in response to excess supplies and differential profit-rates. Finance capitalists earn...
Persistent link: https://www.econbiz.de/10010288736