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The Basic Model

John Lorié

Chapter 2 in Taxes and Exchange Rates in the EU, 2006, pp 21-76 from Palgrave Macmillan

Abstract: Abstract In the preceding introduction, it was indicated that in this study the emphasis is on development of the model that is to be used to analyse the welfare aspects of international liberalisation of financial capital in a situation with international tax differences on income from financial capital and real exchange rate changes. This chapter and the subsequent chapter open the study by presenting the basic model, which contains a description of a world wherein these tax distortions and real exchange rate changes are not (yet) incorporated.

Keywords: Financial Market; Home Country; Production Factor; Time Preference; Physical Capital (search for similar items in EconPapers)
Date: 2006
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-62570-9_2

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DOI: 10.1057/9780230625709_2

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