Tax evasion has always been an important topic to tax theory researchers and the department of government. However, existing research results are confined to the unilateral action of taxpayers, neglect the interaction between the tax declaration and taxation inspection. This paper, from an optimal tax administration perspective, builds a general equilibrium model, in which, taxation inspection ...

This paper develops models of endogenous credit cycles. The basic model has two types of profitable investment projects: the Good and the Bad. Unlike the Good, the Bad contributes little to improve the net worth of other borrowers. Furthermore, it is relatively difficult to finance externally due to the agency problem. In a recession, a low net worth prevents the agents from financing the Bad, ...

One of the most provocative developments in the u.s. economy during the 191)0s was the rapid increase in net foreign claims on U.S. assets, \vith its counterpart in a large domestic trade deficit. To som(:" observers. the heightened pace of foreign acquisition of u.s. assets was clear evidence of an improved investment climate and so should be regarded as a sign of strength To others, however, ...

Abstract We exploit inheritance episodes to provide novel causal evidence on the long-run effects of a large financial windfall saving behavior. For identification, we combine longitudinal panel administrative wealth reports with variation in timing sudden, unexpected parental deaths. show that after inheritance, net worth converges toward path established before death, only one-third initial r...

The metabolic energy cost of walking is determined, to a large degree, by body mass, but it is not clear how body composition and mass distribution influence this cost. We tested the hypothesis that walking would be most expensive for obese women compared with obese men and normal-weight women and men. Furthermore, we hypothesized that for all groups, preferred walking speed would correspond to...

To test the hypothesis that the actual organization of diurnal and nocturnal behavioural sequences observed in C3H mice tend to maximize a classical functional criterion the net energy gain artificial behavioural sequences were defined by reorganization of the acts of actual ones, through application of three Monte-Carlo-type processes (ALT, SEQ and RND). ALT sequences correspond to a random ch...

This paper describes the current estate and gift tax rules that apply to intergenerational transfers in the US. It summarizes the incentives for inter vivos giving, gifts from a donor to a recipient while the donor is alive, as a strategy for reducing estate tax liability. It shows that the current level of intergenerational transfers is much lower than the level that would be implied by simple...

We evaluate the goal of maximizing number individuals matched to acceptable outcomes. present two mechanisms that maximize assignments. The first is Pareto efficient and undominated—in terms assignments—in equilibrium. second fair for unassigned agents assigns weakly more than any stable mechanism in

In recent years many papers have been published for energy-efficient resource allocation in a cellular OFDMA system. In this paper we carried out combined user scheduling and power optimization based on per subcarrier or per base station for each with maximum transmits power in coordinated BS. Here three definitions of the energy efficiency are considered for system design with channel rate and...

In this paper, we account for forest wealth in India. Changes in the timber and carbon wealth embodied in these forests are related to important green national accounting aggregates such as genuine saving and the change in wealth per capita. Important accounting issues include the timing of carbon releases, which occur when forests are disturbed, as well as the valuation of these releases. Our ...