The New Dynamic Public Finance

The New Dynamic Public Finance PDF Author: Narayana R. Kocherlakota
Publisher: Princeton University Press
ISBN: 1400835275
Category : Business & Economics
Languages : en
Pages : 230

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Book Description
Optimal tax design attempts to resolve a well-known trade-off: namely, that high taxes are bad insofar as they discourage people from working, but good to the degree that, by redistributing wealth, they help insure people against productivity shocks. Until recently, however, economic research on this question either ignored people's uncertainty about their future productivities or imposed strong and unrealistic functional form restrictions on taxes. In response to these problems, the new dynamic public finance was developed to study the design of optimal taxes given only minimal restrictions on the set of possible tax instruments, and on the nature of shocks affecting people in the economy. In this book, Narayana Kocherlakota surveys and discusses this exciting new approach to public finance. An important book for advanced PhD courses in public finance and macroeconomics, The New Dynamic Public Finance provides a formal connection between the problem of dynamic optimal taxation and dynamic principal-agent contracting theory. This connection means that the properties of solutions to principal-agent problems can be used to determine the properties of optimal tax systems. The book shows that such optimal tax systems necessarily involve asset income taxes, which may depend in sophisticated ways on current and past labor incomes. It also addresses the implications of this new approach for qualitative properties of optimal monetary policy, optimal government debt policy, and optimal bequest taxes. In addition, the book describes computational methods for approximate calculation of optimal taxes, and discusses possible paths for future research.

The New Dynamic Public Finance

The New Dynamic Public Finance PDF Author: Narayana R. Kocherlakota
Publisher: Princeton University Press
ISBN: 1400835275
Category : Business & Economics
Languages : en
Pages : 230

Get Book Here

Book Description
Optimal tax design attempts to resolve a well-known trade-off: namely, that high taxes are bad insofar as they discourage people from working, but good to the degree that, by redistributing wealth, they help insure people against productivity shocks. Until recently, however, economic research on this question either ignored people's uncertainty about their future productivities or imposed strong and unrealistic functional form restrictions on taxes. In response to these problems, the new dynamic public finance was developed to study the design of optimal taxes given only minimal restrictions on the set of possible tax instruments, and on the nature of shocks affecting people in the economy. In this book, Narayana Kocherlakota surveys and discusses this exciting new approach to public finance. An important book for advanced PhD courses in public finance and macroeconomics, The New Dynamic Public Finance provides a formal connection between the problem of dynamic optimal taxation and dynamic principal-agent contracting theory. This connection means that the properties of solutions to principal-agent problems can be used to determine the properties of optimal tax systems. The book shows that such optimal tax systems necessarily involve asset income taxes, which may depend in sophisticated ways on current and past labor incomes. It also addresses the implications of this new approach for qualitative properties of optimal monetary policy, optimal government debt policy, and optimal bequest taxes. In addition, the book describes computational methods for approximate calculation of optimal taxes, and discusses possible paths for future research.

A New Dynamic - Effective Business in a Circular Economy

A New Dynamic - Effective Business in a Circular Economy PDF Author: Amory Lovins
Publisher:
ISBN: 9780992778415
Category : Economic development
Languages : en
Pages : 172

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Book Description
Upward trending and volatile materials and energy prices, difficult credit conditions and the myriad opportunities of the digital revolution are combining to make a circular economy the key value driver for the coming decades. A New Dynamic makes the contemporary case for a profound shift from throughput to 'roundput', from ownership to access. The circular economy is enabled by disruptive information technology and the design of materials and products to flow in effective cycles and at high quality - 'made to be made again'. The size of the prize is in the billions of dollars of materials cost savings per year. A New Dynamic features some of the leading writers and practitioners in the field including Walter Stahel, Michael Braungart, Amory Lovins and Chris Tuppen. The volume contains contributions on understanding the model, business case studies, the performance economy, history and development and the entrepreneurial opportunities of these fluid times. This book is a mandated reader for the MBA in Innovation, Enterprise and the Circular Economy at Bradford University School of Management.

New Dynamics in Old Age

New Dynamics in Old Age PDF Author: Hans-Werner Wahl
Publisher: Routledge
ISBN: 135184279X
Category : Psychology
Languages : en
Pages : 721

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Book Description
This book was nurtured by the belief that the new dynamics of today's and tomorrow's aging has not yet been treated well in the gerontology literature. Several questions drove the choice of substance for the book: What kind of new dynamics of aging deserves consideration? What kinds of theories and fields are at the core of treating such a new dynamics? And what kind of empirical evidence should be considered? The master hypothesis on which the book is based maintains that the new dynamics of old age is best observed in a range of everyday aging contexts that have been undergoing major change since the second half of the 20th century. In particular, five areas of new and persistent dynamics are treated in depth: the social environment, with a focus on cohort effects in social relations and the consideration of family relations and elders as care redelivers; the home environment, with emphasis on housing and quality of life, relocation and urban aging issues; the outdoor environment, with consideration of out-of-home activity patterns, car-driving behaviour and the leisure world of aging; the technological environment, with treatments of the role of the Internet and the potential of technology for aging outcomes and; and the societal environment with a focus on global aging, the new politics of old age and older persons as market consumers. The book's main purpose is to provide the scholarly gerontology community with a comprehensive and critical discussion of these new trends related to old age. The book will be of interest for the scholarly community of gerontology in a variety of disciplines; sociology, psychology, demography, epidemiology, humanities, social policy and geriatrics; students in gerontology education and in the disciplines named above who have an interest in aging issues (graduate level); professionals in practical and applied fields related to aging such as community and urban planners, health and care providers and policymakers; people involved in senior citizens' organizations and those in industry who wish to serve older people with new products.

New Dynamics in Female Migration and Integration

New Dynamics in Female Migration and Integration PDF Author: Christiane Timmerman
Publisher: Routledge
ISBN: 1134623720
Category : Social Science
Languages : en
Pages : 224

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Book Description
This book explores the dynamic interplay between cross-national and cross-cultural patterns of female migration, integration and social change, by focusing on the specific case of Belgium. It provides insight into the dynamic interplay between gender and migration, and especially contributes to the knowledge of how migration changes gender relations in Belgium, as well as in the regions of origin. To this end, an analytical model for conducting gender-sensitive migration research is developed out of an initial theory-driven conceptual model. Employing a transversal approach, the researchers reveal similarities and differences across national backgrounds, disclosing the underlying, more "universal" gender dynamics.

Dynamic Human Anatomy

Dynamic Human Anatomy PDF Author: Roberto Osti
Publisher: The Monacelli Press, LLC
ISBN: 1580935516
Category : Art
Languages : en
Pages : 353

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Book Description
An essential visual guide for artists to the mastery and use of advanced human anatomy skills in the creation of figurative art. Dynamic Human Anatomy picks up where Basic Human Anatomy leaves off and offers artists and art students a deeper understanding of anatomy, including anatomy in motion, and how that essential skill is applied to the creation of fine figurative art.

Dynamic Reteaming

Dynamic Reteaming PDF Author: Heidi Helfand
Publisher: "O'Reilly Media, Inc."
ISBN: 1492061247
Category : Business & Economics
Languages : en
Pages : 223

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Book Description
Your team will change whether you like it or not. People will come and go. Your company might double in size or even be acquired. In this practical book, author Heidi Helfand shares techniques for reteaming effectively. Engineering leaders will learn how to catalyze team change to reduce the risk of attrition, learning and career stagnation, and the development of knowledge silos. Based on research into well-known software companies, the patterns in this book help CTOs and team managers effectively integrate new hires into an existing team, manage a team that has lost members, or deal with unexpected change. You’ll learn how to isolate teams for focused innovation, rotate team members for knowledge sharing, break through organizational apathy, and more. You’ll explore: Real-world examples that demonstrate why and how organizations reteam Five reteaming patterns: One by One, Grow and Split, Isolation, Merging, and Switching Tactics to help you master dynamic reteaming in your company Stories that demonstrate problems caused by reteaming anti-patterns

Modelling Evolution

Modelling Evolution PDF Author: Eugene Earnshaw-Whyte
Publisher: Routledge
ISBN: 1315294044
Category : Philosophy
Languages : en
Pages : 151

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Book Description
Evolution by natural selection explains the tree of life and the complex adaptations found throughout nature. The power and versatility of evolutionary explanations have proved tempting to scientists outside of biology, but adapting evolutionary concepts to new domains has been challenging. Even within biology, there are many difficult questions and problem cases that face evolutionary theory. Modelling Evolution offers a new, general account of evolution by natural selection that identifies the essential features of evolutionary models that transcend any particular discipline. Evolution by natural selection in its broad sense is the systemic advantage of a type, in contrast to the narrow definition using heritable variation in fitness. This account is explained, contextualised and applied to a variety of questions in both biology and the social sciences. Offering an accessible and comprehensive account of evolution that is applicable both to biology and the broader social sciences, Modelling Evolution will appeal to students and researchers interested in fields such as biology, economics, sociology, history, and psychology.

Dynamic Thinking

Dynamic Thinking PDF Author: Gregor Schöner
Publisher: Oxford University Press
ISBN: 0199300569
Category : Psychology
Languages : en
Pages : 421

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Book Description
"This book describes a new theoretical approach--Dynamic Field Theory (DFT)--that explains how people think and act"--

A New Heaven

A New Heaven PDF Author: Harry Christophers
Publisher: Faber & Faber
ISBN: 0571348548
Category : Music
Languages : en
Pages : 141

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Book Description
The Sixteen have become a household name. They are the Voices of Classic FM, and stars of the BBC Four series Sacred Music, presented by Simon Russell Beale. Every year since the millennium, they have undertaken a Choral Pilgrimage, bringing a programme of a cappella vocal music to around thirty cathedrals the length and breadth of the country. They are prolific recording artists, and perform at festivals and venues all over the world.Harry Christophers is a unique figure in music. With The Sixteen, Christophers has succeeded in nurturing a choir of exceptional calibre, establishing a business model that includes a record label and extensive tours to capacity audiences, mining a rich variety of repertoire, and combining enormous popular appeal with the stamp of approval from experts. This book will be accessible to everyone, regardless of musical experience or knowledge. It will appeal to anyone interested in classical music, to those who sing in amateur or professional choirs, and those who love the sound of the human voice.

Dynamic Patterns

Dynamic Patterns PDF Author: J. A. Scott Kelso
Publisher: MIT Press
ISBN: 9780262611312
Category : Medical
Languages : en
Pages : 368

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Book Description
foreword by Hermann Haken For the past twenty years Scott Kelso's research has focused on extending the physical concepts of self- organization and the mathematical tools of nonlinear dynamics to understand how human beings (and human brains) perceive, intend, learn, control, and coordinate complex behaviors. In this book Kelso proposes a new, general framework within which to connect brain, mind, and behavior.Kelso's prescription for mental life breaks dramatically with the classical computational approach that is still the operative framework for many newer psychological and neurophysiological studies. His core thesis is that the creation and evolution of patterned behavior at all levels--from neurons to mind--is governed by the generic processes of self-organization. Both human brain and behavior are shown to exhibit features of pattern-forming dynamical systems, including multistability, abrupt phase transitions, crises, and intermittency. Dynamic Patterns brings together different aspects of this approach to the study of human behavior, using simple experimental examples and illustrations to convey essential concepts, strategies, and methods, with a minimum of mathematics. Kelso begins with a general account of dynamic pattern formation. He then takes up behavior, focusing initially on identifying pattern-forming instabilities in human sensorimotor coordination. Moving back and forth between theory and experiment, he establishes the notion that the same pattern-forming mechanisms apply regardless of the component parts involved (parts of the body, parts of the nervous system, parts of society) and the medium through which the parts are coupled. Finally, employing the latest techniques to observe spatiotemporal patterns of brain activity, Kelso shows that the human brain is fundamentally a pattern forming dynamical system, poised on the brink of instability. Self-organization thus underlies the cooperative action of neurons that produces human behavior in all its forms.