A new mathematical direction is presented. Sub-interval analysis is a simple and effective tool for practical and theoretical calculations and estimations. Feasible applications of sub-interval analysis include economics (accounting, auditing, microeconomics, macroeconomics, banking, insurance,...

The book studies growth paths in an overlapping generations model with land and exhaustible resources as factors of production. It is shown that land rules out inefficient growth paths.

The book offers a comprehensive treatment of tax theory and policy. It surveys the German tax system, portrays tax history, and describes principles of tax administration and the construction of schedules. Tax shifting, optimal taxation theory, and questions of tax justice are considered in...

The book compares funded and unfunded pension schemes. This is done within a simple overlapping generations framework.

Countries of the Western Balkans constitute an important part of the contemporary system of migration. Three important factors shape the current migration flows in the region: the socialist legacy, existing migrant networks, and migration policies, mainly of the receiving countries. This study...

Für Aktionäre waren bis zur Einführung der Abgeltungssteuer am 1.1.2009 Ausschüttungen in Form von Aktienrückkäufen aus steuerlichen Erwägungen in Deutschland gegenüber Dividenden vorteilhaft. Bei einem Aktienrückkauf wurde innerhalb der Spekulationsfrist nur ein realisierter Kursgewinn...

The work presented here is based in a set of outcomes from a project developed in four rural municipalities of the center of Portugal, with the names Vouzela, Mangualde, Seia and Guarda. This project was supported by the National Support Reference Framework (NSRF) and had the objective of the...

In this paper the stop-waiting strategy of Franz Bruss is set into a simple probabilistic framework and applied to the apple share prices from 1984 to 2013. Within the probabilistic framework a heuristic and a mathematical decision rule using the $\Psi$ function is developed. The results are in...

Here is estimated the effect of monetary union and the exchange rate volatility on trade. First of all, Frankel and Rose (1997, 1998) have developed the idea that the suitability of European countries for the EMU cannot be judged on the basis of historical data. I use an augmented gravity model...

The mantra of inclusive growth is taking over the public policy debates addressing poverty alleviation and sustained development in the developing world. In order to reduce poverty substantially, rapid pace of growth is not only necessary, but it should be sustainable in the long run and...