Titlebook: European Integration in the World Economy; Hans-Jürgen Vosgerau Conference proceedings 1992 Springer-Verlag Berlin Heidelberg 1992 Europea

Paleontology

Balanced Trade and Investmental between sectors and generate adjustment over time due to exogenous shocks. Stocks of capital are endogenous. The paper analyzes adjustment in a small open economy without access to international financial markets. It is shown that the degree of intersectoral factor mobility and the intersectoral

大炮

Trade, Investment and Debt in a Two-Country Growth Modelrowth model by Oniki and Uzawa (1965). We remove their balance of payments restriction by introducing an international market for equity shares of the type used by Hori and Stein (1977). We solve the indeterminacy problem of the capital market in case of factor price equalization by making explicit

glamor

铁砧

Time, Uncertainty and Incomplete Marketss hitherto left something to be desired. But through such an integration of national currency areas across national frontiers, ultimately culminating in a single currency, the most far-reaching model of economic internationalisation in history (and the subject of this symposium) would become reality.

contrast-medium

钝剑

FLIRT

Differential and Integral Inequalitiesecognized as one decisive factor that constrains jurisdictional tax autonomy. Furthermore, tax rate harmonization by binding rate bands may even lead to undesirable third-best policies that create additional welfare losses in comparison to autonomous tax reforms which restructure national tax bases.

aggressor

戏服

The Relative Efficiency of Rules for Monitoring the Real Exchange Rate: Some Further Proposalshat accrue to a regime of fixed real exchange rates without the disadvantages associated with such a regime. The paper also improves on the Miller-Williamson presentation of two-country, symmetric modelling in a variety of ways designed to cast such modelling in a broader and more general framework of analysis.

发现

Income Taxation by the States of the United States: Unitary Apportionment of the Income of Multijuries not apportion income by formula. The paper concludes with some observations about the future of the unitary method. Before discussing the unitary method of taxation, however, it is necessary to describe briefly the U.S. constitutional structure that influences the taxation authority that States may exercise.