Matches in SemOpenAlex for { <https://semopenalex.org/work/W1479710216> ?p ?o ?g. }
Showing items 1 to 69 of
69
with 100 items per page.
- W1479710216 abstract "This paper develops a simple general equilibrium model with signalling in the presence of adverse selection in the financial market and with occupational choice in the labor market, in order to examine the efficiency cost and incidence of an entrepreneurial profit tax. The model yields an informationally-constrained efficient equilibrium in which the high-productivity agents tend to choose the high-return, high-risk occupation. Three different equilibrium types are identified depending upon the occupational distribution, and the population distribution among agent types is emphasized as one of the determining factors of equilibrium characteristics and tax consequences. As the high-productivity agents become more secure, a stronger signal is necessary, but a lower wage is paid to workers. The tax does not always discourage entrepreneurial activities, but when it does, workers share the tax-burden with entrepreneurs. This paper also highlights the beneficial risk-sharing effects of taxation on risky behavior which have often been neglected in the literature, or analyzed in models where capital market imperfections are not endogenously derived." @default.
- W1479710216 created "2016-06-24" @default.
- W1479710216 creator A5081985000 @default.
- W1479710216 date "1996-01-01" @default.
- W1479710216 modified "2023-09-27" @default.
- W1479710216 title "Occupational Choice and Profit Taxation Under Informational Asymmetries" @default.
- W1479710216 hasPublicationYear "1996" @default.
- W1479710216 type Work @default.
- W1479710216 sameAs 1479710216 @default.
- W1479710216 citedByCount "0" @default.
- W1479710216 crossrefType "posted-content" @default.
- W1479710216 hasAuthorship W1479710216A5081985000 @default.
- W1479710216 hasConcept C10138342 @default.
- W1479710216 hasConcept C103382277 @default.
- W1479710216 hasConcept C110121322 @default.
- W1479710216 hasConcept C134306372 @default.
- W1479710216 hasConcept C139719470 @default.
- W1479710216 hasConcept C145236788 @default.
- W1479710216 hasConcept C162324750 @default.
- W1479710216 hasConcept C175444787 @default.
- W1479710216 hasConcept C181622380 @default.
- W1479710216 hasConcept C182306322 @default.
- W1479710216 hasConcept C204983608 @default.
- W1479710216 hasConcept C2777388388 @default.
- W1479710216 hasConcept C2777661119 @default.
- W1479710216 hasConcept C32252159 @default.
- W1479710216 hasConcept C33923547 @default.
- W1479710216 hasConceptScore W1479710216C10138342 @default.
- W1479710216 hasConceptScore W1479710216C103382277 @default.
- W1479710216 hasConceptScore W1479710216C110121322 @default.
- W1479710216 hasConceptScore W1479710216C134306372 @default.
- W1479710216 hasConceptScore W1479710216C139719470 @default.
- W1479710216 hasConceptScore W1479710216C145236788 @default.
- W1479710216 hasConceptScore W1479710216C162324750 @default.
- W1479710216 hasConceptScore W1479710216C175444787 @default.
- W1479710216 hasConceptScore W1479710216C181622380 @default.
- W1479710216 hasConceptScore W1479710216C182306322 @default.
- W1479710216 hasConceptScore W1479710216C204983608 @default.
- W1479710216 hasConceptScore W1479710216C2777388388 @default.
- W1479710216 hasConceptScore W1479710216C2777661119 @default.
- W1479710216 hasConceptScore W1479710216C32252159 @default.
- W1479710216 hasConceptScore W1479710216C33923547 @default.
- W1479710216 hasLocation W14797102161 @default.
- W1479710216 hasOpenAccess W1479710216 @default.
- W1479710216 hasPrimaryLocation W14797102161 @default.
- W1479710216 hasRelatedWork W1480398803 @default.
- W1479710216 hasRelatedWork W1515379206 @default.
- W1479710216 hasRelatedWork W1529162321 @default.
- W1479710216 hasRelatedWork W2026518988 @default.
- W1479710216 hasRelatedWork W2044316108 @default.
- W1479710216 hasRelatedWork W2044598357 @default.
- W1479710216 hasRelatedWork W2045904694 @default.
- W1479710216 hasRelatedWork W2092354765 @default.
- W1479710216 hasRelatedWork W2096123140 @default.
- W1479710216 hasRelatedWork W2113785412 @default.
- W1479710216 hasRelatedWork W2136528572 @default.
- W1479710216 hasRelatedWork W2156818151 @default.
- W1479710216 hasRelatedWork W3044354805 @default.
- W1479710216 hasRelatedWork W3122953574 @default.
- W1479710216 hasRelatedWork W3124795799 @default.
- W1479710216 hasRelatedWork W3125655179 @default.
- W1479710216 hasRelatedWork W3125957625 @default.
- W1479710216 hasRelatedWork W3169098087 @default.
- W1479710216 hasRelatedWork W68287712 @default.
- W1479710216 hasRelatedWork W3144607327 @default.
- W1479710216 isParatext "false" @default.
- W1479710216 isRetracted "false" @default.
- W1479710216 magId "1479710216" @default.
- W1479710216 workType "article" @default.