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[PDF] Top 20 Optimal taxation policy in the presence of idiosyncratic risk

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Optimal taxation policy in the presence of idiosyncratic risk

Optimal taxation policy in the presence of idiosyncratic risk

... justify the optimality of a capital income tax or capital income subsidy even in the long ...that the existence of incomplete insurance markets and borrowing constraints lead to ... See full document

38

The optimality of continuous cover versus rotation forestry in the presence of fire risk

The optimality of continuous cover versus rotation forestry in the presence of fire risk

... definition, the forest size structure is ignored. Nonetheless, in contrast to class-structured approaches, this model is useful to provide clear theoretical principles in which to ground forestry ... See full document

29

Optimal Mirrleesian taxation in non-competitive labor markets

Optimal Mirrleesian taxation in non-competitive labor markets

... generalize the results above by considering different Pareto weights for the planner’s ...sequence of distribution of weights that keep increasing the relative weights of ... See full document

36

Risk-adjusted monitoring of time to event in the presence of long-term survivors

Risk-adjusted monitoring of time to event in the presence of long-term survivors

... use of control charts for monitoring schemes in medical context should consider adjustments to incorporate the specific risk for each ...propose the use of a risk-adjusted ... See full document

21

Poverty, informality and the optimal general income tax policy

Poverty, informality and the optimal general income tax policy

... that the optimum tax-cum-audit policy depend on whether poverty is measured in absolute or in relative ...replicate the results in the optimum tax literature, ...ones. ... See full document

25

Optimal value-at-risk policy: a model for minimizing the daily capital charge

Optimal value-at-risk policy: a model for minimizing the daily capital charge

... that the BCBS have identified, e.g. past observations cannot reflect the future behavior, normality assumption may not be verified, and, in statistical terms, a confidence level of 99% would ... See full document

100

Ramsey optimal taxation with wage rigidities

Ramsey optimal taxation with wage rigidities

... monetary policy in order to make …xed exchange rate regimes irrelevant for the equilibrium allocations, or to replicate the e¤ects of nominal ...as the …eld of …scal ... See full document

53

The effect of ownership-control divergence on investment sensitivity to idiosyncratic risk: evidence from an emerging economy

The effect of ownership-control divergence on investment sensitivity to idiosyncratic risk: evidence from an emerging economy

... for the possible relation between dual class shares and firm ...theory, the issuance of non-voting stocks disrespects the “one share-one vote” principle, which is a socially optimal ... See full document

94

Reduction of Systemic Risk by Means of Pigouvian Taxation.

Reduction of Systemic Risk by Means of Pigouvian Taxation.

... once the fund has been used. In order to manage the stability inefficiency trade off of financial firms, we paid a close attention to banks’ profitability measuread with the return on ... See full document

18

Optimal exchange rate policy, optimal incomplete taxation and business cycles

Optimal exchange rate policy, optimal incomplete taxation and business cycles

... sample of 144 countries from 1973 to 1994. They adopted four different notions of currency ...For the purpose of this essay, it is enough to look at two of them, CRISIS3 and ...CRISIS4. ... See full document

35

Optimal taxation and investment-specific technological change

Optimal taxation and investment-specific technological change

... Optimal taxation theory tries to explain how a government can maximize the social welfare function using a fiscal system that considers consumption and saving allocations from ...households. ... See full document

27

Optimal job design in the presence of implicit contracts

Optimal job design in the presence of implicit contracts

... contracts in teams are well studied in the literature (Holmström, 1982; Che and Yoo, 2003; Kvaloy and Olsen, 2006, Bar-Issac, 2007; Rayo, ...on the incentive issues that may arise in ... See full document

36

Risk management tools in the context of common agriculture policy- dairy market

Risk management tools in the context of common agriculture policy- dairy market

... 12% of gross value ...to the last ones. And this low connection to major center of population make economic obstacles to local business and agriculture industry because main market is distant and ... See full document

40

Optimal taxation rule on factor mobility: an application to the labor market case

Optimal taxation rule on factor mobility: an application to the labor market case

... Afier finding that an increase in firing costs may induce an increase in welfare, one might be tempted to rename tbis article as "How Good is Eurosclerosis ... As we saw, the [r] ... See full document

61

HARMONIZING DIRECTIONS IN THE FIELD OF DIRECT TAXATION

HARMONIZING DIRECTIONS IN THE FIELD OF DIRECT TAXATION

... quota of tax on profit to the EU level would also have negative implications for many new member states of EU, among which Romania too, which have a more relaxed taxation at the level ... See full document

4

Assessment of the risk of contracting Lyme disease in areas with significant human presence

Assessment of the risk of contracting Lyme disease in areas with significant human presence

... localities in Serbia, namely: Kljajićevo, ...within the sampling areas (one for each locality) reaching diameters of ...While the sampling area at the Kljajićevo locality, which is ... See full document

9

Optimal monetary policy under administered prices

Optimal monetary policy under administered prices

... One of the main characteristics of the standard NK model is what´s been called the “Divine Coincidence” (Blanchard, et ...monetary policy that will stabilize the inflation ... See full document

117

OPTIMAL CHOICE OF MONETARY POLICY INSTRUMENTS IN A SIMPLE STOCHASTIC MACRO MODEL

OPTIMAL CHOICE OF MONETARY POLICY INSTRUMENTS IN A SIMPLE STOCHASTIC MACRO MODEL

... In this model the level of income is a random variable, and in gen- eral its probability distribution will depend on whether the money stock or the interest rate [r] ... See full document

21

The Taxation of E-Commerce in the Digital Era: Common and Civil Law

The Taxation of E-Commerce in the Digital Era: Common and Civil Law

... that the physical presence of the site owner becomes relevant to the analysis of the Commerce ...Thus, the agreements between Amazon and its affiliates, which ... See full document

30

The presence of the father in the kangaroo method

The presence of the father in the kangaroo method

... on the phenomenology of perception and behavior proposed by Merleau-Ponty and relevant ...live the prematurity with the son using the kangaroo method, provides for the father to ... See full document

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