Results 11 to 20 of about 40,736 (265)
Abordagem intertemporal da conta corrente: introduzindo câmbio e juros no modelo básico
O modelo padrão da abordagem intertemporal da conta corrente assume as hipóteses restritivas de que todos os bens são comercializáveis e que a taxa de juros internacional é constante.
Nelson da Silva +1 more
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“Professional trading”, exchange rate risk and the growth of international banking: a note
The movement from fixed to floating exchange rates led to predictions that foreign exchange markets might become more volatile. In particular, the issue whether speculation in the market was stabilising or destabilising was widely debated.
P. CALLIER
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CAPITAL MOBILITY AND CAPITAL TAX COMPETITION [PDF]
This paper surveys the literatures on two questions that are essential to the discussion of mobility and taxation that is the focus of this special issue of the National Tax Journal. First, it examines the extent to which capital is mobile internationally, focusing on empirical evidence on the tax sensitivity of foreign investment, the incidence of the
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The Feldstein-Horioka puzzle and transition economies [PDF]
The objective of this paper is to investigate the existence of the Feldstein and Horioka puzzle in transition countries, divided into three groups of countries: South-East Europe (SEE), Central and Eastern Europe (CEE), and the Commonwealth of ...
Petreska Despina +1 more
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Il movimento da tasso fisso a tassi di cambio fluttuanti ha portato alle previsioni che i mercati valutari potrebbero diventare più volatili . In particolare , la questione se la speculazione nel mercato è stata stabilizzazione o destabilizzante è stata
P. CALLIER
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The empirical study of the tax competition in the European Union
The increase in the capital mobility forces the Member States to decrease tax burden on capital. Lower revenues from capital taxation have to be compensated by the increase in tax burden on labor.
Danuše Nerudová, Svatopluk Kapounek
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Capital Mobility and the Output-Inflation Tradeoff [PDF]
Our paper analyses the effects of restrictions on capital mobility on the output-inflation tradeoff. Using a stochastic version of the Mundell-Fleming model, we establish a theoretical presumption that an increase in restrictions on capital mobility should make the tradeoff parameter smaller, that is, a given change in the inflation rate should be ...
Prakash Loungani +2 more
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INCOME INEQUALITY, MOBILITY, AND THE ACCUMULATION OF CAPITAL [PDF]
We examine the determinants of income mobility and inequality in a Ramsey model with elastic labor supply and heterogeneous wealth and ability. Both agents with lower wealth and those with greater ability tend to supply more labor, implying that labor supply decisions may have an equalizing or unequalizing effect depending on the relative importance of
García-Peñalosa, Cecilia +1 more
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Capital Mobility and Asset Pricing [PDF]
We present a model for the equilibrium movement of capital between asset markets that are distinguished only by the levels of capital invested in each. Investment in that market with the greatest amount of capital earns the lowest risk premium. Intermediaries optimally trade off the costs of intermediation against fees that depend on the gain they can ...
Darrell Duffie, Bruno Strulovici
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Capital mobility and EU enlargement [PDF]
Capital Mobility and EU Enlargement. — The membership of the Eastern European transition economies in the EU would require inter alia the full liberalization of their capital flows. Using the correlation between domestic saving and investment, this paper provides empirical evidence of the openness with respect to foreign capital that the accession ...
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