Credits and Contents

Logo and Cover Credits

In the description of object shapes, humans usually performiconic gestures that coincide with speech (are coverbal). Marked by asimilarity between the gestural sign and the described object, iconic ges-tures may easily depict content difficult to describe using words alone.Though the expressive potential of iconic gestures in human-computercommunication is generally acknowle...

CONTENTS CONTENTS Contents

Tax Credits, Labor Supply, and Child Care

We explore the impact of the child care tax credit in the U.S. income tax system on the labor supply decisions of married women with young children by incorporating the cost of child care into a structural labor supply model. Using data from the 1986 NLSY, we find that government subsidies to child care increase labor supply substantially. Our policy simulations show that an increase in the val...

CONTENTS Contents �

We illustrate the use of functional system speci cations and their re nement in the development of system components by a simple case study The development includes the modular speci cation re nement and veri cation of system components We start the development with an informal description of the tasks of the case study and then step by step carry out the tasks formally The informal requirement...

The Value of Dividend Imputation Tax Credits

A dividend imputation tax system provides shareholders with a tax credit that can be used to offset personal tax on dividend income. The size of this credit depends on tax paid at the corporate level so that the “double taxation” of dividends is effectively eliminated. This paper shows how to infer the value of imputation tax credits (which is an important input into the weighted-average cost o...