This study investigates whether personal taxes are related to asset valuations. The effective tax rate of investment income fluctuated considerably since federal income taxes were introduced. The main result of the paper demonstrates that there is an economically and statistically significant relationship between asset valuations and personal tax rates. Stock valuations tend to be higher when t...

In this paper we present a four-level market model that accounts for airport capacity extension, fleet investment, aircraft scheduling, and ticket trade. In particular, budget-constrained airports decide on the first level on their optimal runway capacity extension and on a corresponding airport charge. Airports anticipate optimal long-term fleet investment of airlines on the second level, opti...

acute respiratory distress syndrome (ards) is a complex disorder of heterogeneous etiologies characterized by a consistent, recognizable pattern of lung injury and a potentially devastating form of acute inflammatory lung injury with a high short-term mortality rate and significant long-term consequences among survivors. recently, the new definition of ards has been published, and this definiti...

The role of banking and finance in the Golden Age of European growth (1950-1973) is very little known and widely underestimated. This paper studies the French system of economic planning and investment-based strategy that enhanced medium and long-term financing (called “investment credit” at that time). First, I describe the new institutions that were built after WWII to organize credit allocat...

The results of studies the mechanism for formation and implementation government support policy investment projects in agroindustrial complex Republic Belarus with development recommendations its improvement are given. These include creation a climate by attracting credit resources to finance such on terms bank (market conditions) state form subsidies payment interest loans based decisions loca...

The article is devoted to substantiation of theoretical bases formation the enterprises investment potential and definition perspective directions its development. views scientists on essence concept "investment enterprise" are systematized. classification factors influencing enterprise has been improved. principles underlying development presented. It established that formed under influence pe...