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The purpose of this note is to build an ethical inequality index which explicitely takes into account the social attitude towards inequlaity, through the actual tax scheme. We give a rough empirical application of this subjective inequality index to the evolution of wage inequality in France...
Persistent link: https://www.econbiz.de/10005475289
The aim of this paper is to study the relationship between advertising and sales of French manufacturing firms. First, we use a simple theoretical model compatible with past econometric studies of sales and advertising, and extend it to dynamics. We show that the models that do not account for...
Persistent link: https://www.econbiz.de/10005475290
Persistent link: https://www.econbiz.de/10005475291
Persistent link: https://www.econbiz.de/10005475292
We establish, in infinite dimensional Banach space, a nonconvex separation property for general closed sets that is an extension of Hahn-Banach separation theorem. We provide some consequences in optimization, in particular the existence of singular multipliers and show the relation of our...
Persistent link: https://www.econbiz.de/10005475293
We propose in this paper a framework based on a canonical representation of the long run matrix, which can constitute a basis for Granger non-causality testing in a VAR-ECM model using asymptotically Chi-square distributed Wald test statistics, and that unlike Giannini and Mosconi (1992),...
Persistent link: https://www.econbiz.de/10005475294
Models of tax competition usually assume a single period framework. This paper sets up a repeated interactions model of tax competition, and establishes conditions under which fiscal policy harmonization can result from repeated interactions between governments. It is shown that fiscal policy...
Persistent link: https://www.econbiz.de/10005475295
L'Europe est un partenaire privilegie pour l'economie tunisienne. Ainsi l'integration monetaire de l'Europe a sans doute des implications importantes sur l'evolution des cours de change en Tunisie. Les retombees de ce passage de regime sont difficiles a cerner surtout que l'Euro comme monnaie...
Persistent link: https://www.econbiz.de/10005475296
Persistent link: https://www.econbiz.de/10005475297
This paper studies geometric properties of semi-algebraic economies with (eventually nonconvex) production - a class which includes linear or Cobb-Douglas preferences, polyhedric production sets and indivisible commodities as well. The main departure with the textbook differentiable viewpoint is...
Persistent link: https://www.econbiz.de/10005475298