Now showing items 1-10 of 117
Stationary equilibrium transition rules for an overlapping generations model with uncertainty
(Elsevier, 1985-02)
An overlapping generations model incorporating random production shocks is studied. Households have finite life spans. Futures markets are incomplete. Agents have full information in one case, and receive only a limited ...
Statistical Analysis of Choice Experiments and Surveys
(Kluwer Academic Publishers; Springer Science + Business Media, Inc., 2005-12)
Measures of households' past behavior, their expectations with respect to future events and contingencies, and their intentions with respect to future behavior are frequently collected using household surveys. These questions ...
A General Procedure for Obtaining Maximum Likelihood Estimates in Generalized Regression Models
(The Econometric Society, 1974-05)
The optimal two-bracket linear income tax
(Elsevier, 1994-02)
We investigate two-bracket piecewise linear income tax structures. In a two-class economy, Pareto-efficient tax schedules of this type feature at least one marginal tax rate equal to zero, and that the marginal tax rate ...
Why do spouses hide income?
(Elsevier, 2012-10)
This paper proposes a simplified model of intrahousehold decision making where cooperative and noncooperative behavior are not mutually exclusive. Individuals choose the optimal share of income they wish to devote towards ...
LDC savings rates and debt crises
(Elsevier, 1988-07)
Conventional wisdom holds that LDC debt problems reflect, in part, the switch of foreign financing towards commercial loans. With no adequate supervision over the use of these funds, international finance may not have ...
Testing the imports-as-market-discipline hypothesis
(Elsevier, 1993-08)
It has long been believed that intensified international competition forces domestic firms to behave more competitively. Using Turkish data spanning the course of a dramatic trade liberalization, this notion is tested.
Explaining Underutilization of Tax Depreciation Deductions: Empirical Evidence from Norway
(Kluwer Academic Publishers; Springer Science+Business Media, 2003-05)
Many corporations do not claim all of their allowable tax depreciation deductions. Intuitively, this kind of behavior might seem odd. However we propose several possible explanations. First, we find strong evidence that ...
Determinants of Investment Behavior: United States Railroads, 1872-1941
(MIT Press, 1966-05)