The Economic Theory of Annuities 2 pptx
The Economic Theory of Annuities_1 pptx
... year and there is no getting rid of it. —Jane Austen, Sense and Sensibility, chapter 2 (1811). vii August 22 , 20 07 Time: 09:47am prelims.tex The Economic Theory of Annuities i August 22 , 20 07 Time: ... prelims.tex The Economic Theory of Annuities xvii August 22 , 20 07 Time: 09:47am prelims.tex vi August 22 , 20 07 Time: 09:47am prelims.tex Preface This boo...
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The Economic Theory of Annuities_2 pptx
... ε 11 = ˆ q a s 11 / ˆ a, ε 12 = ˆ q a s 12 / ˆ a, ε 21 = ˆ q b s 21 / ˆ b, ε 22 = ˆ q b s 22 / ˆ b: ε 11 ˆ t a + ε 12 ˆ t b =−θ − ˆ k 11 ˆ a ,ε 21 ˆ t a + ε 22 ˆ t b =−θ − ˆ k 12 ˆ b (14.30) August 18, 20 07 ... (14.30) for the tax rates, using the identities ε i0 + ε i1 + ε i2 = 0, i = 1, 2, where 0 denotes the untaxed numeraire, ˆ t a ˆ t b = ε 11...
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The Economic Theory of Annuities_10 pptx
... 26 ; asymmetric, 6, 118 22 ; bequests and, 82; cost effects and, 119 20 ; full, 82, 87–88, 1 12; medical care and, 54; moral hazard and, 51–55; pooling equilibrium and, 119 22 ; private, 52 53, 82, ... of Economics 90: 624 –649. Salanie, B. 20 00. Microeconomics of Market Failure. Cambridge, MA: MIT Press. Salanie, B. 20 03. The Economics of Taxation. Cambridge, MA: MIT Press. She...
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