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This article presents a technique for calculating labour market flows, given labour market stocks of workers and nonemployed agents at the beginning and at the end of a certain period of time. I build a system of equations that define the stocks as a product of the flows. For a vector of stocks...
Persistent link: https://www.econbiz.de/10009227567
In this article, I present a theoretical model for predicting future housing prices as a function of the expected future interest rate, housing depreciation and rent rate. Focusing on the notion of arbitrage, where the returns on investing in housing is equal to the return on bonds, I forecast...
Persistent link: https://www.econbiz.de/10010618957
This article tries to shed some light on the economic efficiency aspects of a tax reform that would increase inheritance taxes while decreasing income taxes. An analysis of labour market decisions following the activation of such a reform is presented. An international comparison of inheritance...
Persistent link: https://www.econbiz.de/10008582974