Results 91 to 100 of about 475 (219)
Using variational arguments, we establish the existence of two nontrivial solutions for quasilinear elliptic problems in Orlicz–Sobolev spaces, where the nonlinear terms exhibit the combined effects of concave and convex without the Ambrosetti–Rabinowitz
Shujun Wu
doaj +1 more source
How Does Progressivity Affect the Tax Cut Multiplier?
ABSTRACT How does the targeting of personal income tax cuts affect the output multiplier? This paper provides quantitative evidence using a heterogeneous‐agent New‐Keynesian model calibrated to match US distributions of income, wealth, marginal tax rates, and marginal propensities to consume.
Christian Gillitzer
wiley +1 more source
ABSTRACTLarger firms feature (i) longer hours worked, (ii) higher wages, and (iii) smaller (larger) wage penalties for working long (short) hours. We reconcile these patterns in a general equilibrium model, which features the endogenous interaction of hours, wages, and firm size. In the model, workers willing to work longer hours sort into larger firms
Lin Shao +2 more
wiley +1 more source
Vessel arrival planning with full information
Abstract Planning efficiency and timely arrival of vessels is crucial to smooth operations of maritime transport networks, ensuring optimal utilization of resources and minimizing operational costs. Coordination between vessel operators and terminals has the potential to reduce costs, fuel consumption, and waiting time.
Pim Willem Antoon van Leeuwen +1 more
wiley +1 more source
ABSTRACT We study optimal simple rating systems that partition sellers into a finite number of tiers. We show that optimal ratings must be threshold partitions, and that for linear supply and Cournot competition with constant marginal cost, optimal thresholds solve a k‐means clustering problem requiring only the quality distribution.
Hugo Hopenhayn, Maryam Saeedi
wiley +1 more source
Nonlinear concave-convex problems with indefinite weight
Nikolaos S. Papageorgiou +2 more
openaire +3 more sources
Estimating National and Foreign Trade Elasticities Using Generalized Transport Costs
ABSTRACT We introduce the definition of two distinct trade elasticities corresponding to imports from regions located in the same country (national elasticities) and foreign regions located in other countries (foreign elasticities). We resort to a three‐tier nested CES utility structure to derive the corresponding demand gravity equations.
José L. Zofío +3 more
wiley +1 more source
Tackling nonlinear price impact with linear strategies
Abstract Empirical studies in various contexts find that the price impact of large trades approximately follows a power law with exponent between 0.4 and 0.7. Yet, tractable formulas for the portfolios that trade off predictive trading signals, risk, and trading costs in an optimal manner are only available for quadratic costs corresponding to linear ...
Xavier Brokmann +3 more
wiley +1 more source
In this article, we consider the multiplicity of positive solutions for a class of Kirchhoff type problems with concave and convex nonlinearities. Under appropriate assumptions, we prove that the problem has at least two positive solutions, moreover ...
Xiaofei Cao, Junxiang Xu, Jun Wang
doaj
Random Carbon Tax Policy and Investment Into Emission Abatement Technologies
ABSTRACT We analyze the problem of a profit‐maximizing electricity producer, subject to carbon taxes, who decides on investments into CO2$\rm CO_2$ abatement technologies. We assume that the carbon tax policy is random and that the investment in the abatement technology is divisible, irreversible, and subject to transaction costs.
Katia Colaneri +2 more
wiley +1 more source

