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Articles 91 - 94 of 94
Full-Text Articles in Public Economics
Resource Taxation With Heterogeneous Quality And Endogenous Reserves, Robert F. Conrad, Bryce Hool
Resource Taxation With Heterogeneous Quality And Endogenous Reserves, Robert F. Conrad, Bryce Hool
Research Collection School Of Economics
This paper analyzes the impact of mining taxation on the intertemporal extraction profile for a heterogeneous ore body. The extraction profile specifies both quantities and qualities extracted in each period. Total extraction is thus endogenously determined. The taxes explicitly considered are severance taxes (ad valorem or per unit; on metal or on ore), property taxes, and profits taxes (with depletion allowance). The intertemporal framework integrates economic and geological factors, generating new results on extraction distortions and providing qualification or reconciliation of previous diverse results in this area.
Monetary And Fiscal Policies In Short Run Equilibria With Rationing, Bryce Hool
Monetary And Fiscal Policies In Short Run Equilibria With Rationing, Bryce Hool
Research Collection School Of Economics
No abstract provided.
Liquidity, Speculation, And The Demand For Money, Bryce Hool
Liquidity, Speculation, And The Demand For Money, Bryce Hool
Research Collection School Of Economics
No abstract provided.
Money, Expectations And The Existence Of A Temporary Equilibrium, Bryce Hool
Money, Expectations And The Existence Of A Temporary Equilibrium, Bryce Hool
Research Collection School Of Economics
The article presents information on money, expectations and the existance of a temporary equilibrium. If money and financial assets are to be integrated into general equilibrium theory, it is apparent that the classical Arrow-Debreu framework must be modified. As long as all trading takes place essentially at some initial point in time, with each individual subject only to a present value budget constraint, there is no place in the system for money, either as a medium of exchange or as a store of value, even if uncertainty about future states of the world is introduced as in G. Debreu's work, …