A Formal Elaboration of the Basic Model

John Lorié

Chapter 3 in Taxes and Exchange Rates in the EU, 2006, pp 77-118 from Palgrave Macmillan

Abstract: Abstract In this chapter the basic model described in Chapter 2 will be formalised. I develop the analysis of HR and GR in the deterministic environment, and add a welfare analysis based on Ruffin (1984) in the way described in Section 2.5.8. In addition, following the latter writer, per capita terms are used.1

Keywords: Home Country; Free Trade; Time Preference; Physical Capital; Financial Asset (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_3

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DOI: 10.1057/9780230625709_3

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