Moment conditions are derived for dynamic linear panel data models with linear individual specific effects in the mean and multiplicative individual effects in the conditional ARCH type variance function.

This paper places the debate over using consumption or income in studies of inequality growth in a formal intertemporal setting.

This paper describes the evolution of the tax treatment of investment in R&D

According to the econometric literature, unemployed jobseekers who use a Public Employment Agency (PEA) have longer unemployment spells than those choosing alternative search methods.

This paper derives a series of simple characterisations of optimally coordinated regimes for the taxation of international capital income.

The Hicks-Leontief composite commodity theorem permits aggregation of sets of goods that have identical price movements into composite groups of goods, each of which can be treated like a single good for demand analysis.

Both direct utility function and Frisch cost function representations of demand system rank are derived.

We show that older male pensioners have substantially lower incomes than younger pensioners.

Much of the dramatic change in skill and wage structure observed in recent years in the United States is believed to stem from the impact of new technology.