Review of Economic Dynamics最新文献_第8页

Rescue policies for small businesses in the COVID-19 recession 在 COVID-19 经济衰退中拯救小企业的政策

IF 2 3区经济学

Review of Economic Dynamics Pub Date : 2023-12-01 DOI: 10.1016/j.red.2023.06.003

Alessandro Di Nola , Leo Kaas , Haomin Wang

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引用次数: 1

Optimal GDP-indexed bonds 最佳 GDP 指数债券

IF 2 3区经济学

Review of Economic Dynamics Pub Date : 2023-12-01 DOI: 10.1016/j.red.2023.08.002

Yasin Kürşat Önder

引用次数: 0

Fiscal policy and the monetary transmission mechanism 财政政策和货币传导机制

IF 2 3区经济学

Review of Economic Dynamics Pub Date : 2023-12-01 DOI: 10.1016/j.red.2023.08.001

Nicolas Caramp , Dejanir H. Silva

引用次数: 1

Contract enforcement and preventive healthcare: Theory and evidence 合同执行与预防性保健：理论与证据

IF 2 3区经济学

Review of Economic Dynamics Pub Date : 2023-12-01 DOI: 10.1016/j.red.2023.09.008

Shiv Dixit

引用次数: 0

Market uncertainty and international trade 市场不确定性与国际贸易

IF 2 3区经济学

Review of Economic Dynamics Pub Date : 2023-12-01 DOI: 10.1016/j.red.2023.05.001

Haichao Fan , Guangyu Nie , Zhiwei Xu

引用次数: 0

Slow recoveries, endogenous growth and macro-prudential policy 缓慢复苏、内生增长和宏观审慎政策

IF 2 3区经济学

Review of Economic Dynamics Pub Date : 2023-12-01 DOI: 10.1016/j.red.2023.07.001

Dario Bonciani , David Gauthier , Derrick Kanngiesser

引用次数: 0

When to lock, not whom: Managing epidemics using time-based restrictions 何时锁定，而不是锁定谁：利用基于时间的限制管理流行病

IF 2 3区经济学

Review of Economic Dynamics Pub Date : 2023-12-01 DOI: 10.1016/j.red.2023.01.004

Yinon Bar-On , Tatiana Baron , Ofer Cornfeld , Eran Yashiv

引用次数: 1

Changing marital transitions and homeownership among young households 年轻家庭婚姻转变和住房所有权的变化

IF 2 3区经济学

Review of Economic Dynamics Pub Date : 2023-11-28 DOI: 10.1016/j.red.2023.11.002

Minsu Chang

引用次数: 0

Blocking patents, rent protection and economic growth 阻止专利、租金保护和经济增长

IF 2 3区经济学

Review of Economic Dynamics Pub Date : 2023-11-24 DOI: 10.1016/j.red.2023.11.003

Michael A. Klein , Yibai Yang

引用次数: 0

Optimal taxation in the life cycle with human capital investment 考虑人力资本投资的生命周期最优税收

IF 2 3区经济学

Review of Economic Dynamics Pub Date : 2023-11-23 DOI: 10.1016/j.red.2023.11.004

Been-Lon Chen, Fei-Chi Liang

{"title":"Optimal taxation in the life cycle with human capital investment","authors":"Been-Lon Chen, Fei-Chi Liang","doi":"10.1016/j.red.2023.11.004","DOIUrl":"https://doi.org/10.1016/j.red.2023.11.004","url":null,"abstract":"<div><p><span>This paper studies optimal taxes in a lifecycle model with unverifiable </span>human capital investment inseparable from regular consumption. The planner faces asymmetric information regarding agents’ exogenous abilities and endogenous human capital. Agents deviate in two ways: misreporting ability and mis-investing in human capital. We characterize the distortions in a model with i.i.d. shocks and full human capital depreciation. Distortions are characterized by capital wedges that are positive over the life cycle, labor wedges that are negative early and positive later in the life cycle, and net human capital wedges that are positive in the life cycle. These wedges serve as mechanisms to eliminate the distortion to consumption due to inseparability from education expenditure. Calibrate to U.S. data, we show numerically that these results apply in a richer model with persistent shocks and non-full human capital depreciation. Simulation suggests that average capital wedges are positive in all working periods, with progressive capital wedges in contemporary skills, average labor wedges are negative in early and positive in later periods, with hump-shape in skills and nonzero at the top and the bottom of the skill distribution, and net human capital wedges are positive and regressive in skills, indicating that human capital subsidies are in favor of the high skilled.</p></div>","PeriodicalId":47890,"journal":{"name":"Review of Economic Dynamics","volume":"52 ","pages":"Pages 21-45"},"PeriodicalIF":2.0,"publicationDate":"2023-11-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138472534","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0