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Articles 1 - 24 of 24

Full-Text Articles in Business

Hybrid Exponential-Hyperbolic Discounting And Growth Without Commitment, Max Gillman, Christopher Tsoukis, Frédéric Tournemaine Dec 2016

Hybrid Exponential-Hyperbolic Discounting And Growth Without Commitment, Max Gillman, Christopher Tsoukis, Frédéric Tournemaine

Max Gillman

No abstract provided.


Tax Evasion, Human Capital, And Productivity-Induced Tax Rate Reduction, Max Gillman, Michal Kejak Dec 2013

Tax Evasion, Human Capital, And Productivity-Induced Tax Rate Reduction, Max Gillman, Michal Kejak

Max Gillman

Growth in the human capital sector’s productivity explains in part how US postwar growth and welfare could have increased while US tax rates declined. Modeling tax evasion within an endogenous growth model with human capital, an upward trend in goods and human capital sectors gradually decreases tax evasion and allows for tax rate reduction. Using estimated goods and human capital sectoral productivities, the model explains 30 percent of the actual decline in a weighted average of postwar US top marginal personal and corporate tax rates. The productivity increases are asymmetric in a fashion related to that of McGrattan and Prescott.


Inflation, Investment And Growth: A Money And Banking Approach, Max Gillman, Michal Kejak Dec 2010

Inflation, Investment And Growth: A Money And Banking Approach, Max Gillman, Michal Kejak

Max Gillman

No abstract provided.


The Effect Of Inflation On Growth, Max Gillman, Mark N. Harris Dec 2009

The Effect Of Inflation On Growth, Max Gillman, Mark N. Harris

Max Gillman

No abstract provided.


International Deposit Insurance, Max Gillman Aug 2009

International Deposit Insurance, Max Gillman

Max Gillman

No abstract provided.


A Banking Explanation Of The Us Velocity Of Money: 1919-2004, Max Gillman, Szilárd Benk, Michal Kejak Dec 2008

A Banking Explanation Of The Us Velocity Of Money: 1919-2004, Max Gillman, Szilárd Benk, Michal Kejak

Max Gillman

No abstract provided.


Money Velocity In An Endogenous Growth Business Cycle With Credit Shocks, Max Gillman, Szilárd Benk, Michal Kejak Aug 2008

Money Velocity In An Endogenous Growth Business Cycle With Credit Shocks, Max Gillman, Szilárd Benk, Michal Kejak

Max Gillman

No abstract provided.


Money Demand In General Equilibrium Endogenous Growth: Estimating The Role Of A Variable Interest Elasticity, Max Gillman, Glenn Otto Dec 2006

Money Demand In General Equilibrium Endogenous Growth: Estimating The Role Of A Variable Interest Elasticity, Max Gillman, Glenn Otto

Max Gillman

No abstract provided.


Money Demand In An Eu Accession Country: A Vecm Study Of Croatia, Max Gillman, Dario Cziráky Dec 2005

Money Demand In An Eu Accession Country: A Vecm Study Of Croatia, Max Gillman, Dario Cziráky

Max Gillman

No abstract provided.


Econometric Accounting Of The Australian Corporate Tax Rates: A Firm Panel Example, Max Gillman, Simon Feemy, Mark N. Harris Dec 2005

Econometric Accounting Of The Australian Corporate Tax Rates: A Firm Panel Example, Max Gillman, Simon Feemy, Mark N. Harris

Max Gillman

No abstract provided.


Credit Shocks In The Financial Deregulatory Era: Not The Usual Suspects, Max Gillman, Szilárd Benk, Michal Kejak Nov 2005

Credit Shocks In The Financial Deregulatory Era: Not The Usual Suspects, Max Gillman, Szilárd Benk, Michal Kejak

Max Gillman

No abstract provided.


Contrasting Models Of The Effect Of Inflation On Growth, Max Gillman, Michal Kejak Jan 2005

Contrasting Models Of The Effect Of Inflation On Growth, Max Gillman, Michal Kejak

Max Gillman

No abstract provided.


Inflation And Balanced-Path Growth With Alternative Payment Mechanisms, Max Gillman, Michal Kejak Dec 2004

Inflation And Balanced-Path Growth With Alternative Payment Mechanisms, Max Gillman, Michal Kejak

Max Gillman

No abstract provided.


A Comparison Of Exchange Economies Within A Monetary Business Cycle, Max Gillman, Szilárd Benk, Michal Kejak Dec 2004

A Comparison Of Exchange Economies Within A Monetary Business Cycle, Max Gillman, Szilárd Benk, Michal Kejak

Max Gillman

No abstract provided.


Ramsey-Friedman Optimality With Banking Time, Max Gillman, Oleg Yerokhin Dec 2004

Ramsey-Friedman Optimality With Banking Time, Max Gillman, Oleg Yerokhin

Max Gillman

No abstract provided.


Granger Causality Of The Inflation-Growth Mirror In Accession Countries, Max Gillman, Anton Nakov Dec 2003

Granger Causality Of The Inflation-Growth Mirror In Accession Countries, Max Gillman, Anton Nakov

Max Gillman

No abstract provided.


Inflation And Growth: Explaining A Negative Effect, Max Gillman, Mark N. Harris, László Mátyás Dec 2003

Inflation And Growth: Explaining A Negative Effect, Max Gillman, Mark N. Harris, László Mátyás

Max Gillman

No abstract provided.


A Revised Tobin Effect From Inflation: Relative Input Price And Capital Ratio Realignments, Usa And Uk, 1959-1999, Max Gillman, Anton Nakov Dec 2002

A Revised Tobin Effect From Inflation: Relative Input Price And Capital Ratio Realignments, Usa And Uk, 1959-1999, Max Gillman, Anton Nakov

Max Gillman

No abstract provided.


Keynes's Treatise: Aggregate Price Theory For Modern Analysis?, Max Gillman Aug 2002

Keynes's Treatise: Aggregate Price Theory For Modern Analysis?, Max Gillman

Max Gillman

No abstract provided.


On The Optimality Of Restricting Credit: Inflation Avoidance And Productivity, Max Gillman Dec 1999

On The Optimality Of Restricting Credit: Inflation Avoidance And Productivity, Max Gillman

Max Gillman

No abstract provided.


The Optimality Of A Zero Inflation Rate With Menu Costs: Australia, Max Gillman Dec 1997

The Optimality Of A Zero Inflation Rate With Menu Costs: Australia, Max Gillman

Max Gillman

No abstract provided.


Money Velocity With Costly Credit, Max Gillman, Pierre L. Siklos, J. Lew Silver Dec 1996

Money Velocity With Costly Credit, Max Gillman, Pierre L. Siklos, J. Lew Silver

Max Gillman

No abstract provided.


A Comparison Of Partial And General Equilibrium Estimates Of The Welfare Cost Of Inflation, Max Gillman Sep 1994

A Comparison Of Partial And General Equilibrium Estimates Of The Welfare Cost Of Inflation, Max Gillman

Max Gillman

No abstract provided.


The Welfare Cost Of Inflation In A Cash-In-Advance Economy With Costly Credit, Max Gillman Dec 1992

The Welfare Cost Of Inflation In A Cash-In-Advance Economy With Costly Credit, Max Gillman

Max Gillman

No abstract provided.