Unfortunately, things have changed. The government cannot afford the program now. That is the fault of President Bush and the Republican majorities in the House and Senate. They broke the bank with their enormous tax cuts. The country is facing the largest budget deficit in history, and there...
Without loss of generality, we assume that the price of this factor equals unity such that the government buys Td and Ta units when it invests in infrastructure and production amenities.14 Equal ownership of the factor allows us to clearly differentiate between wage subsidies Tnw, which directly ...
“Your group thinks of the federal government as an insurance company. Our group tries to keep your group in check. It’s not easy.” Abel replied, “Your group may believe in a more limited role for government as a general principle, but you advocate policies that contradict that principle...
When employers bear a significant portion of the incidence (perhaps because employees have considerable bargaining power), efficacy is substantially reduced. On the other hand, efficacy (and also the efficiency) can be influenced by the government. With prescient tax policy, a cash-out program can...
Accordingly, we performed a simulation starting from the introduction of the single currency up to the end of 2015, because from 2016 on the prices of government bonds have been strongly influenced by the operations of the ECB (PSPP and PEPP). For this purpose, the following simplifications ...
I really doubt it. Indian markets are booming and HZL is trading at a puny P/E of 10 times. The government will be able to fetch a substantially higher price in the open market. Also, with the government running a deficit budget, there is no reason for them to sell HZL at current ...
or equipment—are excluded. In addition,transfer paymentsfrom the government sector to individuals, such as unemployment compensation or welfare benefits,are excluded.Capital gains that accrue to individuals when their assets appreciate in value are also excluded. "当期" &“新生产出来的”& “最终商品...
BMI is one of the most commonly used methods for identifying adults who are overweight or obese as it is easy to assess and incurs minimal costs [1,3]. It is calculated using a person’s weight in kilograms (kg), which is divided by the square of a person’s height in meters (kg/...
The implication of (29) is that a government running a budget deficit today must run an appropriate budget surplus as some point in the future. Otherwise, the government would be unable to pay interest on the debt and agents would not be willing to hold it. To ensure that (15.29) holds...
Whereas the operating time is the key concern of private operators, the total user demand dissatisfaction is a societal benefit measure and should be included in the objective by the government as the operator. When more than one measure is included in the objective function, the weighted sum ...