Showing 1 - 9 of 9
How should pensions be taxed? In many cases pension savings are usually taxed more leniently than other forms of savings. What is the rationale for this? And are those concerns best targeted via taxation or mandatory pension savings? These issues are discussed with outset in the experience of...
Persistent link: https://www.econbiz.de/10011405691
Using the model proposed in Krugman and Taylor's "Contractionary effects of devaluation" (1978), we examine what macroeconomic effects of shocks to foreign prices. We show that these shocks can be contractionary for two reasons: (i) because they imply a loss of income if an economy has a trade...
Persistent link: https://www.econbiz.de/10014331852
The paper provides an empirical discussion of the national emergency utilization rate (NEUR), which is based on a "national emergency" definition of potential output and is published by the US Census Bureau. Over the peak-to-peak period 1989-2019, the NEUR decreased by 14.2 percent. The paper...
Persistent link: https://www.econbiz.de/10012548209
This paper discusses some issues related to the triangle between capital accumulation, distribution, and capacity … utilization. First, it explains why utilization is a crucial variable for the various theories of growth and distribution … determined distribution (along classical lines). Second, it responds to some recent criticism by Girardi and Pariboni (2019). I …
Persistent link: https://www.econbiz.de/10012208155
This paper discusses some issues related to the triangle between capital accumulation, distribution, and capacity … utilization. First, it explains why utilization is a crucial variable for the various theories of growth and distribution … determined distribution (along classical lines). Second, it responds to some recent criticism by Girardi and Pariboni (2019). I …
Persistent link: https://www.econbiz.de/10012208160
indexation affects the trade-off between insurance and distribution when groups with different mortality are separated or pooled …
Persistent link: https://www.econbiz.de/10014470411
we know about the price-setting behavior of firms, income distribution, and inflation. We do that in juxtaposition to two … heterogeneity across sectors or the position of the firms in the distribution of markups. …
Persistent link: https://www.econbiz.de/10014449786
The present paper emphasizes the role of demand, income distribution, endogenous productivity reactions, and other …
Persistent link: https://www.econbiz.de/10012165405
informed about their piece rate realization, they adapt their performance. One third of subjects nevertheless forego this …
Persistent link: https://www.econbiz.de/10011346303