Russian depreciation policy: causes and solutions

Optimal Dynamic Investment Policy under Different Rates for Tax Depreciation and Economic Depreciation

This paper analyzes the consequences of incorporating a different rate for tax depreciation than for economic depreciation. Firms most often choose their tax depreciation rate in a strategic way. It would therefore be a coincidence if this optimization process leads to a tax depreciation rate that equals the economic depreciation rate. The implications of a difference between tax depreciation a...

Causes and solutions

Chatter - Causes and Solutions

Trends, Causes and Policy Implications

This paper depicts the trend of regional inequality in rural China for the period 19852002. The total inequality is decomposed into the so-called withinand betweencomponents when China is divided into three regional belts (east, central and west). A regression-based accounting framework is then used to explore root sources of the rising inequality. Policy implications are discussed.

Geography, Depreciation, and Growth

Any visit to the seashore will confirm that it is more difficult to build a large sandcastle if one locates the project too near the lapping waves of the ocean. The sandcastle may grow well initially, but eventually a rouge wave washes out some portion of the progress. It may be possible for the sandcastle to grow on net, so long as investment in building outpaces losses to the waves, but it mu...