Insurance aspects of tax policies are studied in a simple intertemporal general equilibrium model in which agents are uncertain about both the future wage rates and the rate of return on capital.
China introduced the world's largest emissions trading system in 2021 which is intended to help cost-effectively achieve its pledges of reaching a peak in CO2 emissions before 2030 and carbon ...
This paper examines the Laffer argument (i. e., the possibility that an increase in a tax rate may reduce tax revenues, and vice versa) in a general equilibrium model and using tax reform techniques.
Citations: Lariviere, Martin, G Cachon. 1999. An Equilibrium Analysis of Linear, Proportional and Uniform Allocation of Scarce Capacity. IIE Transactions. (9)835-849.
The truss shown above is DETERMINATE. Member loads depend on only equilibrium relations. Material properties, cross-sectional areas and member lengths do not factor in on the member loads. It is easy ...
Daniel Liberto is a journalist with over 10 years of experience working with publications such as the Financial Times, The Independent, and Investors Chronicle. Yarilet Perez is an experienced ...
Over the past 500 million years, nearly all evolutionary changes in octopuses and squids occurred in rapid bursts during the emergence of new species, according to research from the University of ...
Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Erika Rasure is globally-recognized as a ...