Martin and Rey (2000, 2004) develop a theoretical model that assumes that investors are risk averse, the number of financial assets is endogenous, assets are imperfect substitutes, and cross-border asset trade entails transactions costs. Under these assumptions, a reduction in international ...
This implication is present in the study by Rosenzweig (2007), who derives a Roy model of migration with moving costs that include components that are fixed in monetary units and time-equivalent units. It is the level difference in the reward to skill between source and destination that ...
This should get the economy moving… Mr Merz’s second proposal…is to exempt any defence spending beyond 1% of GDP from the debt brake altogether. …And there may be more to come. The potential new coalition is also talking about further reforms to the debt brake, which implies yet more...
Moving back to the system of territorial taxation for individuals would be fair and would stem the flow of American citizens renouncing their citizenships. …the US system of global individual taxation creates undue burdens for individuals seeking to make a living abroad. …Tax compliance rules driv...
We focus here on compliance costs for the business sector. In this chapter, we describe the reduction policies and compliance costs, and explain this with the role of the regulatory state and the role of the market and institutions. Data on these issues is hard to find. We have used ...
Simulation results of the proposed filter show improved noise reduction and reduced power consumption compared to conventional designs. Keywords: communication; signal processing; low power modified conventional full adder; LPMCFA; low-power Wallace tree multiplier; LPWTM; sensor nodes noise.DOI: ...
Economic Costs for the Compliance of Non-Annex I Countries for CO2 Reduction from International Shippingdoi:10.2139/ssrn.1537641The differences between Common but Differentiated Responsibility (CBDR) principle and Equal Treatment for All Ships principle is becoming a stalemate for futureSocial Science ...
A reduction in those variable costs increases offshoring at the intensive and at the extensive margin. Well in line with our evidence, this causes domestic employment shifts from the newly offshoring firms in the middle of the productivity distribution to firms at the tails of this distribution, ...
recycle in closed loops or resell) is required for cross-national SMEs and MNEs to capitalize on a globalizing CE. Innovation/product development is key for the company to distinguish itself and offer something unique to the international marketplace that promotes recycling, waste reduction, or decr...
There are only significant effects ifmarginal tax rateschange and taxpayers haveconsiderable controlover the timing, level, and composition of their income. So I consider myself to be the Goldilocks of the Laffer Curve. But instead of looking for porridge that isn’t too hot or too cold, I’...