As regards travel services, a sharp rise in tourist consumption of residents abroad...investment, i.e. better business performance of foreign enterprises owned by...
countries, including European countries, capital income is taxed according
to the residence...factor payments: yt = wtlt + rtk̃t.
11The assumptions of immobile capital...
countries, including European countries, capital income is taxed according
to the residence...factor payments: yt = wtlt + rtk̃t.
11The assumptions of immobile capital...
An unique interior steady state exists if there is one (and only
one) fixed point...sufficient) conditions for a ‘nice’ case in which there is an
unique, stable,...
