Results 21 to 30 of about 160,212 (123)
Inflation Accounting and Nonfinancial Corporate Profits: Financial Assets and Liabilities [PDF]
macroeconomics, inflation accounting, nonfinancial corporate ...
Jeremy I. Bulow, John B. Shoven
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Non-linear adjustments in fiscal policy [PDF]
, 2004 This paper provides evidence that the Italian public finances are sustainable, as the country meets its intertemporal budget constraint. Nevertheless, the burden of correcting budgetary disequilibria is entirely carried by changes in taxes, which can ...
Legrenzi, G., Milas, C.
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Measuring the Social Discount Rate under Uncertainty: A Methodology and Application [PDF]
It is well recognised that the issue of the social rate of discount applies only to the gains from public investment that accrues to the public sector. When it comes to measurement, however, there is a problem: public investment in infrastructure and the
Panagiotis Tsigaris, Syed Ahsan
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The Ineffectiveness of Effective Tax Rates on Business Investment [PDF]
In his Fisher-Schultz Lecture, Martin Feldstein examined the effects of non-neutral tax rules on business investment by estimating three econometric models, and he concluded that "the rising rate of inflation has, because of the structure of existing U.S.
Robert S. Chirinko
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Labor Supply Responses to the 1990s Japanese Tax Reforms [PDF]
The consumption-leisure choice model implies that an exogenous change in tax rates will induce a change in labor supply. This implication is expected to be important to labor supplied by secondary earners under a progressive tax system when spousal ...
Ken Yamada
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A general formula for the WACC: A correction [PDF]
This paper corrects some of the equations of Farber, Gillet and Szafarz (2006). The WACC is a discount rate widely used in corporate finance. However, correctly calculating the WACC involves properly calculating the value of tax shields, and the value of
Fernandez, Pablo
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Valuation relationships under growth [PDF]
One of the most important topics onvaluation is the appropriate relationshipsbetween cash flows and rateof returns. I review those relationshipsunder the premise, by Myers(1974), of the cost of debt as the rightdiscount for the tax shield ...
Julián Benavides Franco
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Midsummer Meltdown: Prospects for the Stock and Housing Markets [PDF]
, 2007 This paper examines the factors that have led to the recent instability in financial markets, specifically the housing bubble and the recent run-up in stock prices.
Dean Baker
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Does government spending really crowd out charitable contributions? new time series evidence [PDF]
We exploit the time series properties of charitable giving data to provide additional insights into the crowding out of charitable contributions in response to government spending.
Russell M. Rhine, Thomas A. Garrett
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Return on equity,the cost of capital and income taxation : evidence from the Japanese industries [PDF]
, 2003 We estimate required rates of return on equity for all firms listed in the first section of the Tokyo Stock Exchange using both CAPM and Fama and French three-factor model with monthly datafrom January 1980 through December 1999.
Kubota Keiichi +3 more
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