Now showing items 1-5 of 5
Symbiotic transfer, arbitrage, and equilibrium
We lay a unified foundation for a theory of general equilibrium by proving the existence of an equilibrium for a grand model which covers all the well-known general equilibrium models under the convexity and continuity ...
Essays on the taxation of capital income
This dissertation consists of three essays on the taxation of capital income. The first essay examines the effects of the interactions of home and host country tax provisions on capital investment decisions by a U.S. ...
Essays on semiparametric estimation and structural modeling with applications in the banking industry
New semiparametric panel estimation methods have been developed, which make minimal distributional or functional form assumptions on the model. These estimators are illustrated in an efficiency analysis of the banking ...
Moving to a direct tax on consumption: Some transitional issues
The thesis shows two possible ways in which intergenerational redistributions associated with a reform from a comprehensive income tax to a direct consumption tax are affected when the standard models studying this phenomenon ...
Equilibrium, efficient-markets, and liquidity in the cash-in-advance model
The existence of equilibrium is a test of the internal consistency of an economic model. In any model with domestic moneys and dividend-yielding assets, the first question is: will money be dominated by assets in equilibrium? ...