In a neoclassical growth model with public consumption, we show the following Pareto optimal tax rules. The government should tax leisure and private consumption at the same rate, and subsidize net investment at the same rate it taxes net capital income. Also, it should tax capital income more...

This paper analyzes intergenerational earnings mobility in a model where human capital is produced using schooling and parental time. In steady-states more mobile societies have less inequality, but in the short run higher mobility may result from an increase in inequalilty. Starting from the...

This paper examines the problem of optimal tax mix analytically in a two-sector growth model with transitional dynamics. Tax revenue is required to provide a pure public good. The key problems are: over-consumption of leisure under labor income or consumption taxes; and under-investment in human...

Purpose – The purpose of this paper is to mine competitive intelligence in social media to find the market insight by comparing consumer opinions and sales performance of a business and one of its competitors by analyzing the public social media data. Design/methodology/approach – An...

Linder's theory, which states that industrialized countries import the same kinds of goods as they export, has been tested with different degrees of success. In this article its performance is investigated within the context of the formation of the EEC trade block. The formation of trade blocks...

The role of rich-club connectivity is significant in the structural property and functional behavior of complex networks. In this study, we find whether or not a very small portion of rich nodes connected to each other can strongly affect the frequency of occurrence of basic building blocks...