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Persistent link: https://www.econbiz.de/10011521620
power shifts. Using a rational-expectations model, we show cycles result from governments' inability to commit to future … investments, which in turn prompts it to increase taxes next period. This induces low investment thus low future taxes, and so on …
Persistent link: https://www.econbiz.de/10012456256
power shifts. Using a rational-expectations model, we show cycles result from governments' inability to commit to future … investments, which in turn prompts it to increase taxes next period. This induces low investment thus low future taxes, and so on …
Persistent link: https://www.econbiz.de/10012986681
power shifts. Using a rational-expectations model, we show cycles result from governments' inability to commit to future … investments, which in turn prompts it to increase taxes next period. This induces low investment thus low future taxes, and so on …
Persistent link: https://www.econbiz.de/10011646309
future cash flows and profitability. This paper identifies considerable scope to strengthen public revenue forecasts by …
Persistent link: https://www.econbiz.de/10012173981
We investigate the relationship between oil windfalls and income inequality using the subnational data of one of the resource-richest and most unequal countries in the world - Russia. While previous literature produced contradictory findings due to the use of an aggregate measure of oil rents...
Persistent link: https://www.econbiz.de/10012819430
We investigate the relationship between oil windfalls and income inequality using the subnational data of one of the resource-richest and most unequal countries in the world – Russia. While previous literature produced contradictory findings due to the use of an aggregate measure of oil rents...
Persistent link: https://www.econbiz.de/10013306317
We investigate the relationship between oil windfalls and income inequality using the subnational data of one of the resource-richest and most unequal countries in the world – Russia. While previous literature has produced contradictory findings due to the use of an aggregate measure of oil...
Persistent link: https://www.econbiz.de/10013212200
power shifts. Using a rational-expectations model, we show cycles result from governments’ inability to commit to future … investments, which in turn prompts it to increase taxes next period. This induces low investment thus low future taxes, and so on …
Persistent link: https://www.econbiz.de/10011657156
There is growing interest in international coordination over climate mitigation policy. Climate clubs or international carbon price floors could complement the Paris Agreement by helping to deliver the near-term cuts in global greenhouse gas emissions needed to contain global warming to 1.5 to...
Persistent link: https://www.econbiz.de/10014264224