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Environment and Development Economics, 1999
This paper adopts soil scientific models of soil productivity and degradation in Tanzania into an intertemporal optimisation framework. The farmers choose labour input, capital investment and fertiliser input to maximise soil wealth, i.e., the present value of soil rent.
Brekke, Kjell Arne +2 more
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This paper adopts soil scientific models of soil productivity and degradation in Tanzania into an intertemporal optimisation framework. The farmers choose labour input, capital investment and fertiliser input to maximise soil wealth, i.e., the present value of soil rent.
Brekke, Kjell Arne +2 more
openaire +3 more sources
Wealth inequality and wealth effect
2014 IEEE Conference on Computational Intelligence for Financial Engineering & Economics (CIFEr), 2014In an artificial financial market without real growth, extreme income inequality produces extreme wealth inequality via accumulation. An agent-based model is built to study to what extent a strong tax policy can affect this process. Wealth effect is defined as a positive impact of current wealth on future wealth growth.
Weihong Huang, Yu Zhang
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Urban Wealth, Townsmen’s Wealth
1996How people made their living, the work they did, the goods they produced or circulated and the technological and regulatory conditions under which they did so has shaped life throughout history. A differentiation of economic function is usually seen as the critical aspect which divides a town from a village even though most towns had an agricultural ...
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Human Wealth and Financial Wealth
2002AbstractThis chapter explores financial asset allocation strategies when human wealth, the expected present discounted value of future labour earnings, is not tradable. Investors should adjust explicit asset holdings to compensate for their implicit holding of human capital and reach the desired allocation of total wealth.
John Y. Campbell, Luis M. Viceira
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Taxing wealth and wealth transfers
Abstract This chapter complements the previous chapter by making the case for taxes on wealth transfers and on wealth. It considers and refutes a number of objections to the taxation of intergenerational wealth transfers: the objection that such taxation is unfair double taxation; the objection that it is inequitable as between those whoopenaire +1 more source
1995
Abstract Wealth was first performed in 408 BC. Twenty years later Aristophanes revised it, and it was performed again in 388. A scholiast, who annotated the version which we have, believed that this was the earlier one. At 1 1 5 and 1 1 9 he comments that these two lines are changed ‘in the second’, and he quotes the other version of 1 1
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Abstract Wealth was first performed in 408 BC. Twenty years later Aristophanes revised it, and it was performed again in 388. A scholiast, who annotated the version which we have, believed that this was the earlier one. At 1 1 5 and 1 1 9 he comments that these two lines are changed ‘in the second’, and he quotes the other version of 1 1
openaire +1 more source