3,330 research outputs found
Stabilizing Fiscal Policies with Capital Market Imperfections
Get PDFWe analyze how investment subsidies can affect aggregate volatility and growth in economies subject to capital market imperfections. Within a model featuring both frictions on the credit market and unequal access to investment opportunities among individuals, we provide specific fiscal parameters able to reduce the probability of recessions, fuel the economy long-run growth rate and place it on a permanent-boom dynamic path. We analyze how conditions on the stabilizing fiscal parameters are modified when frictions in the economy evolve. Eventually, we show how this tax and transfer system can moderate persistence in the economy's response to temporary and permanent productivity shocks.Endogenous business cycles, capital market imperfections, access to productive investment, fiscal policy, macroeconomic stabilization.
Fiscal Policy, Maintenance Allowances and Expectation-Driven Business Cycles
Get PDFFirms devote significant resources to maintain and repair thei existing capital. Within a real business cycle model featuring arguably small aggregate increasing returns, this paper assesses the stabilizing effects of fiscal policies with a maintenance expenditure allowance. In this setup, firms are authorized to deduct their maintenance expenditures from revenues in calculating pre-tax profits, as in many prevailing tax codes. While flat-rate taxation does not prove useful to insulate the economy from self-fulfilling beliefs, a progressive tax can render the equilibrium unique. However, we show that the required progressivity to protect the economy against sunspot-driven fluctuations is increasing in the maintenance-to-GDP ratio. Taking into account the maintenance and repair activity of firms, and the tax deductibility of the related expenditures, would then weaken the expected stabilizing properties of progressive fiscal schedules.Business cycles, maintenance and repair allowances, capital utilization, progressive income taxes, local indeterminacy and sunspots.
Dette publique : importance de la crédibilité
No full textPar Nicolas Dromel Contact : [email protected] Page personnelle _____________________________________ Dette publique et activité économique Lire l'interview __________________________________ Nicolas Dromel intervient sur la question de la dette publique, en expliquant pourquoi et comment la puissance publique s’endette. Il souligne l’importance de la crédibilité d’un pays quant à sa capacité à honorer sa dette publique, et les risques que l’on court si cette confiance est a..
The North is another country. by Nicolas Rothwell
No full texttag=1 data=The North is another country. by Nicolas Rothwell
tag=2 data=Rothwell, Nicolas
tag=3 data=Australian Magazine,
tag=6 data=16/17 November 1996
tag=7 data=20-33.
tag=8 data=NT%TOURISM
tag=10 data=Worse, better, stranger, wilder, but above all different from the rest of the country. Continuing his journey of discovery across Australia's Top half the author stops over in Darwin to hear all the truths and whispers about the North.
tag=11 data=1996/2/8
tag=12 data=96/0316
tag=13 data=CABWorse, better, stranger, wilder, but above all different from the rest of the country. Continuing his journey of discovery across Australia's Top half the author stops over in Darwin to hear all the truths and whispers about the North
Grace S. Fong, Herself an Author : Gender, Agency, and Writing in Late Imperial China, 2008
No full textZufferey Nicolas. Grace S. Fong, Herself an Author : Gender, Agency, and Writing in Late Imperial China, 2008. In: Études chinoises, n°28, 2009. Numéro spécial sur le droit chinois. pp. 243-247
New Necklaces: 400 Designs in Contemporary Jewellery
No full textAfter the successful New Rings and New Earrings, New Necklaces is the third book curated by jeweller and author Nicolas Estrada, from classic forms and materials to the most daring, experimental and surprising ideas, each of the 500 necklaces included in this book has something that makes it unique and relates strongly to today's social, cultural and artistic reality. With prefaces by German jeweller Julia Wild and Leo Caballero, owner of the Barcelona gallery Klimt 02, specialised in contemporary jewellers
Les pères, entre travail et familles [Les enseignements de quelques enquêtes]
No full textFathers caught between work and family. Some survey findings.
In all countries, time use is differentiated between the sexes. While the disparity in the time men and women spend on domestic activities has narrowed, this trend owes little to increased input from men. This is especially true for household tasks and for time spent with the children. The arrival of a child affects fathers in their working lives much less than mothers. However, a proportion of fathers, notably those with the highest educational level, are observed to be adopting discourses and behaviour similar to those of the mothers-reporting notably that they reduced their working time when a child arrived-and also complaining about a lack of time to spend with their children and about the conflict of responsibilities. Do men''s professional commitments, in particular, « force » them to look after the children less than the mothers do, and would they increase their involvement if they had more time ? Experience in France of the statutory reduction in working hours supplies some answers to this question. One of the main findings is that when fathers have experienced a reduction in their working time, they look after their children more, especially when their partners work full-time and have had no reduction in their own working time.Dans tous les pays, les usages du temps restent différenciés selon les sexes. Si l’écart dans les temps consacrés aux activités domestiques par les hommes et les femmes s’est réduit sur longue période, cette évolution doit peu de choses à un investissement plus fort des hommes. Cela est particulièrement vrai des tâches familiales ou du temps passé avec les enfants. L’arrivée d’un enfant affecte beaucoup moins fortement l’activité professionnelle des pères que celle des mères. Pourtant, on constate qu’une partie des pères, notamment les plus diplômés d’entre eux, développent des discours et des comportements qui se rapprochent de ceux des mères – déclarant notamment qu’ils ont réduit leur temps de travail à l’occasion de l’arrivée d’un enfant – et se plaignent également de manque de temps pour leurs enfants et de difficultés de conciliation. Les hommes sont-ils « contraints » , notamment par leur engagement professionnel, de moins s’occuper des enfants que les mères, augmenteraient ils leur investissement paternel s’ils disposaient de plus de temps ? L’expérience de la réduction du temps de travail permet d’apporter quelques réponses à cette question. Un des résultats importants est que, lorsqu’ils ont connu une réduction de leur temps de travail, les pères se sont plus occupés de leurs enfants, et ce d’autant plus que leurs conjointes travaillaient à plein temps et n’avaient pas elles-mêmes connu de RTT.Méda Dominique, Cette Gilbert, Dromel Nicolas. Les pères, entre travail et familles [Les enseignements de quelques enquêtes]. In: Recherches et Prévisions, n°76, 2004. La paternité aujourd'hui. Pratiques, implications et politiques. pp. 7-21
How Did I Get to Princess Margaret? (And How Did I Get Her to the World Wide Web?)
No full textThe paper explores the growing use of
tools from the arts and humanities for investigation
and dissemination of social science research.
Emerging spaces for knowledge transfer, such as
the World Wide Web, are explored as outlets for
"performative social science". Questions of ethnics
and questions of evaluation which emerge from
performative social science and the use of new
technologies are discussed. Contemporary thinking
in aesthetics is explored to answer questions
of evaluation. The use of the Internet for productions
is proposed as supporting the collective
elaboration of meaning supported by Relational
Aesthetics.
One solution to the ethical problem of performing
the narrations of others is the use of the writer's
own story as autoethnography. The author queries
autoethnography's tendency to tell "sad" stories and
proposes an amusing story, exemplified by "The
One about Princess Margaret" (see Appendix).
The conclusion is reached that the free and open
environment of the Internet sidelines the usual
tediousness of academic publishing and begins to
explore new answers to questions posed about
the evaluation and ethics of performative social
science
Identification of author profiles through social networks
Get PDFThe aim of this paper is to compile dictionaries of slang words, abbreviations, contractions, and emoticons to help the pre-processing of texts published in social networks. The use of these dictionaries is intended to improve the results of the tasks related to data obtained from these platforms. Therefore, a hypothesis was evaluated in the task of identifying author profiles (author profiling).Silva, JesúsMaria Santodomingo, Nicolas EliasRomero, LigiaJorge, MarisolHerrera, MaritzaPineda Lezama, Omar Bonerg
Stabilizing Fiscal Policies with Capital Market Imperfections
Get PDFURL des Documents de travail : http://ces.univ-paris1.fr/cesdp/CESFramDP2009.htmClassification JEL : E22, E32, E44, E62, H20, H30.Documents de travail du Centre d'Economie de la Sorbonne 2009.30 - ISSN : 1955-611XWe analyze how investment subsidies can affect aggregate volatility and growth in economies subject to capital market imperfections. Within a model featuring both frictions on the credit market and unequal access to investment opportunities among individuals, we provide specific fiscal parameters able to reduce the probability of recessions, fuel the economy long-run growth rate and place it on a permanent-boom dynamic path. We analyze how conditions on the stabilizing fiscal parameters are modified when frictions in the economy evolve. Eventually, we show how this tax and transfer system can moderate persistence in the economy's response to temporary and permanent productivity shocks.Ce papier analyse la façon dont les subventions aux investissements peuvent affecter la volatilité et la croissance dans une économie sujette à des imperfections sur le marché du capital. Dans un modèle présentant à la fois des frictions sur le marché du crédit et une inégalité d'accès aux opportunités d'investissement, nous proposons des valeurs particulières de paramètres fiscaux pouvant diminuer la probabilité d'occurence de récessions, renforcer la croissance à long-terme et placer l'économie sur un chemin d'expansion permanente. Nous analysons comment les paramètres de la politique fiscale stabilisatrice sont affectés lorsque le niveau des frictions dans l'économie varie. Enfin, nous montrons comment ce système fiscal peut modérer la persistance dans la réponse de l'économie à des chocs de productivité permanents et transitoires
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