Haku
Viitteet 1-10 / 10
Demography, Pensions and Welfare: Fertility Shocks and the Finnish Economy
(Valtion taloudellinen tutkimuskeskus VATT, 1996-01-01)
The economic effects of an ageing population are preoccupying policy-makers in most industrial countries. In this paper, we study the economic impact of the demographic shock in Finland, a country for which the post-war ...
A Game-Theoretic Approach to the Roundwood Market with Capital Stock Determination
(Valtion taloudellinen tutkimuskeskus VATT, 1996-01-01)
The paper provides a framework to approach price and quantity determination in the roundwood market from a slightly new perspective. In the spirit of the trade union literature, a model of timber price determination is ...
Effects of Fiscal Policy on Private Consumption
(Valtion taloudellinen tutkimuskeskus VATT, 1996-01-01)
This paper examines the effects of fiscal policy on private consumption. The paper evaluates the assumption that the effects of fiscal policy are dependent on the public sector's financial situation, which changes the ...
Statistical Inference and Lorenz Curves: An empirical example using Finnish Income Data
(Valtion taloudellinen tutkimuskeskus VATT, 1996-01-01)
The main theme of this paper is to study statistical inference concerning empirical Lorenz curves and its generalisations. These curves are useful devices for examining welfare and inequality. Asymptotical sampling properties ...
Nonparametric Estimates of Age Profiles of Household Income, Consumption, Direct Taxes and Public Transfers
(Valtion taloudellinen tutkimuskeskus VATT, 1996-01-01)
The report studies the distribution of income, expenditure, direct taxes and public transfers with respect to the age of household?s head. The data tonsist of five household budget surveys from the period 1971-1990 collected ...
Regional and institutional influences on the determinants of long-term economic growth in the OECD.
(Valtion taloudellinen tutkimuskeskus VATT, 1996-01-01)
This paper examines regional and institutional influences on the determinants of long-term economic growth in the OECD. We construct a growth equation based on the new growth model of Barro with a catch-up variable, total ...
Tagging and Taxing: The Optimal Use of Categorial and Income Information in Designing Tax / Transfer Schemes
(Valtion taloudellinen tutkimuskeskus VATT, 1996-01-01)
It is widely recognised that optimal tax/transfer schemes will generally involve elements of both 'tagging' (the use of categorical benefits) and 'means-testing' (Income-relation of benefits). This paper explores the optimal ...
Assessing the Double Dividend Hypothesis in General Equilibrium Framework - Is there a Chance After All?
(Valtion taloudellinen tutkimuskeskus VATT, 1996-01-01)
The paper presents small scale CGE models designed to analyze the double dividend problem i.e. the simultaneous improvement of efficiency and environment through a revenue neutral tax reform. We show that in a one factor ...
Bank Mergers, Interest Rates and the Fragility of Loan Markets
(Valtion taloudellinen tutkimuskeskus VATT, 1996-01-01)
We model the interaction between the concentration of the banking sector and the investment strategies of imperfectly competitive firms in the product market to address the question of whether competition makes loan markets ...
Bequests and Cost-Benefit Analysis
(Valtion taloudellinen tutkimuskeskus VATT, 1996-01-01)
Consider a public project which produces a consumption good and which benefits future generations. Let a conventional cost-benefit analysis find that it gives higher benelits than projects it would displace in the private ...