less than the marginal resource rents equals the expected capital gains on reserves of natural resources plus the expected …

To identify the effect of social capital on financial development, we exploit the well-known differences in social … capital and trust (Banfield (1958), Putnam (1993)) across different parts of Italy, using microeconomic data on households and …

We study the effects of capital mobility in a two-country economy with endogenous growth. In contrast with standard … endogenous grwoth settings, this model can account for intentional private capital flows from rich to poor countries, and the …

capital stock in an economy. This literature has produced varied predictions about the effects of inflation on the capital …

This document contains three texts. The first one discusses Capital Theory, the second one discusses Keynes …

Dividend policy and capital structure have been seen as the key financing decisions affecting the firm at least since …, capital structure and dividend policy over the years between 1978 and 1994. …

This paper studies the quantitative impact of eliminating capital income taxation on capital accumulation and steady …

This paper presents a simple two-country model with mobile capital and immobile labour, in which there are two classes … of individuals, the workers and the capital owners. A source-based tax on capital income is used to finance transfers to …), capital income is shown to be undertaxed at the non-cooperative equilibrium relative to the autarkic situation. …