Showing 1 - 10 of 60
This paper examines the effects of a proportional capital gains tax in an economy with an Austrian sector (with wine and trees) and an ordinary sector. We analyze the effect of capital gains taxation (on both an accrual and a realization basis) on the efficiency with which resources are used...
Persistent link: https://www.econbiz.de/10004992005
This paper is an attempt to assess the effect of capital gains taxation on non-Austrian assets, such as claims to profits of continuing enterprises. As compared to taxation on an accrual basis, the capital gains tax discourages sales of appreciated assets. This is the "lock-in" effect. Because...
Persistent link: https://www.econbiz.de/10005774797
Persistent link: https://www.econbiz.de/10005183912
Persistent link: https://www.econbiz.de/10003096073
Persistent link: https://www.econbiz.de/10012881651
Persistent link: https://www.econbiz.de/10013488783
Persistent link: https://www.econbiz.de/10013488806
Persistent link: https://www.econbiz.de/10013488816
We derive a necessary and sufficient condition for the existence of equilibria with only two active players in the all-pay auction with complete information and identity-dependent externalities. This condition shows that the generic equilibrium of the standard all-pay auction is robust to the...
Persistent link: https://www.econbiz.de/10009747790
Persistent link: https://www.econbiz.de/10003379915