scholarly journals Statistical Discrimination in a Search Equilibrium Model: Racial Wage and Employment Disparities in the US

2021 ◽  
pp. 105
Author(s):  
Decreuse ◽  
Tarasonis
Keyword(s):  
Equilibrium Model ◽  
Statistical Discrimination ◽  
The Us ◽  
Search Equilibrium

scholarly journals Technology Capital and the US Current Account

2010 ◽  
Vol 100 (4) ◽  
pp. 1493-1522 ◽  
Author(s):  
Ellen R McGrattan ◽  
Edward C Prescott
Keyword(s):  
Foreign Direct Investment ◽  
Equilibrium Model ◽  
Direct Investment ◽  
Essential Role ◽  
Multinational Companies ◽  
Foreign Subsidiaries ◽  
Economic Statistics ◽  
Intangible Investments ◽  
The Us ◽  
The Difference

The US Bureau of Economic Analysis (BEA) estimates that the return on investments of foreign subsidiaries of US multinational companies over the period 1982–2006 averaged 9.4 percent annually after taxes; US subsidiaries of foreign multinationals averaged only 3.2 percent. BEA returns on foreign direct investment (FDI) are distorted because most intangible investments made by multinationals are expensed. We develop a multicountry general equilibrium model with an essential role for FDI and apply the BEA's methodology to construct economic statistics for the model economy. We estimate that mismeasurement of intangible investments accounts for over 60 percent of the difference in BEA returns. (JEL F23, F32)

scholarly journals Optimal Redistributive Taxation in a Search Equilibrium Model

2005 ◽  
Author(s):  
Mathias Hungerbühler ◽  
Etienne Lehmann ◽  
Alexis Parmentier ◽  
Bruno Van der Linden
Keyword(s):  
Equilibrium Model ◽  
Redistributive Taxation ◽  
Search Equilibrium
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