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We provide a formula for the tax rate at the top of the Laffer curve as a function of three elasticities. Our formula applies to static models and to steady states of dynamic models. One of the elasticities that enters our formula has been estimated in the elasticity of taxable income...
Persistent link: https://www.econbiz.de/10012903838
Was the increase in income inequality in the US due to permanent shocks or merely to an increase in the variance of transitory shocks? The implications for consumption and welfare depend crucially on the answer to this question. We use CEX repeated cross-section data on consumption and income to...
Persistent link: https://www.econbiz.de/10012733915
Economic forecasting and small and medium-sized enterprises (SMEs) growth prediction have become essential tools for … advancements in economic regression and SME growth forecasts, with a focus on the application of machine learning (ML) techniques … forecasting models for business growth and economic planning. …
Persistent link: https://www.econbiz.de/10015433631
forecasts of macro-level productivity growth. The paper employs current research methods on estimating firm-level productivity …
Persistent link: https://www.econbiz.de/10011378362
The paper employs Artificial Neural Network (ANN) to forecast India's economic growth. Using the data set, during 1980 …-2005, it finds that ANN is an effective tool to forecast the economic growth. The ANN gives the evidence that there is … possibility of extracting information hidden in the economic growth and predicting it into the future. It also works out the …
Persistent link: https://www.econbiz.de/10012770336
forecasts of macro-level productivity growth. The paper employs current research methods on estimating firm-level productivity …
Persistent link: https://www.econbiz.de/10012976846
Time varying patterns in US growth are analyzed using various univariate model structures, starting from a naive model … conditional variance are specified together with their interaction, including survey data on expected growth in order to … forecasting performance of the various model specifications. The extension of a basic growth model with a constant mean to models …
Persistent link: https://www.econbiz.de/10010399680
Persistent link: https://www.econbiz.de/10015084398
In a nationally-representative sample, we predict retirement savings using survey-based elicitations of exponential-growth …
Persistent link: https://www.econbiz.de/10012911197
The demographic transition is a phenomenon affecting many industrialized societies. These economies are experiencing a decline in mortality alongside low fertility rates - a situation that puts social security systems under severe pressure. To implement appropriate reform measures, adequate...
Persistent link: https://www.econbiz.de/10012599101