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Persistent link: https://www.econbiz.de/10012299651
shocks larger than that of the available instruments. Our two main findings are the following. First, the estimate of the tax … multiplier to be robustly larger than one across different models that feature different sets of instruments. Our results are … robust to the joint employment of different fiscal and non-fiscal instruments. …
Persistent link: https://www.econbiz.de/10012249273
shocks larger than that of the available instruments. Our two main findings are the following. First, the estimate of the tax … multiplier to be robustly larger than one across different models that feature different sets of instruments. Our results are … robust to the joint employment of different fiscal and non-fiscal instruments. …
Persistent link: https://www.econbiz.de/10012250914
shocks larger than that of the available instruments. Our two main findings are the following. First, the estimate of the tax … multiplier to be robustly larger than one across different models that feature different sets of instruments. Our results are … robust to the joint employment of different fiscal and non-fiscal instruments. …
Persistent link: https://www.econbiz.de/10012250932
Persistent link: https://www.econbiz.de/10011691343
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This paper presents an ethical creed, which we refer to as the Hippocratic Oath for Technologists. The creed is built on three fundamental pillars: proactively understanding the ethical implications of technology for all stakeholders, telling the truth about the capabilities, advantages, and...
Persistent link: https://www.econbiz.de/10012001256
Persistent link: https://www.econbiz.de/10011880919
The collateralized loan obligation, CLO, market withstood the recent financial crisis with minimal losses compared to other structured asset-backed securities. Furthermore, the issuance of new CLOs is now above pre-crisis levels, prompting an understanding of what drives CLO performance. A...
Persistent link: https://www.econbiz.de/10011862972
measurable function of threshold-crossing rules, and enough continuous instruments must be available. We illustrate our approach …
Persistent link: https://www.econbiz.de/10011865454