Notes that, in the UK, there has been little empirical research undertaken to consider the effect of the commercial property tax (more commonly known as non-domestic rates) on the level of openly negotiated market rents. ...
We develop a theoretical model of the dynamics of an industry over the business cycle. In the economy, both aggregate demand and the productivity of a firm's technology evolve stochastically. Each period, firms must choose ...
Recent evolutionary models have introduced "small mutation rates" as a way of refining predictions of long-run behavior. We show that this refinement effect can only be obtained by restrictions on how the magnitude of the ...
In this paper, we study implementation in “economic environments”. It is shown that there is a dense subset of the set of preference profiles such that given an arbitrary social choice function, f, and e>0, there exists ...
This paper analyses inequality in Ireland via a decomposition of the Gini coefficient by source of income. Using data from the Irish Household Budget Survey of 1987, seventeen components of disposable income are identified ...
This paper estimates the impact of schooling on the earnings of men. It is important to know what the return to educational investments might be since a high return to such investments may imply that individuals, for ...
This paper examines the conjecture that tax reform recommendations are not as sensitive to underlying consumer demand systems as are derived optimal tax rates. Tax reform recommendations for Ireland using the Ahmad-Stern ...
In this paper we investigate the build-up in male long-term unemployment by allowing for heterogeneity both in the unemployment inflow and conditional survival rates. We construct semi-annual series of the male flows into ...