The paper aims to study the impact of the introduction of a progressive labor income tax scheme over the real business cycle in contrast to a model economy with proportional labor income tax. While in most recent quantitative business cycle studies the proportional tax is introduced due to the easy tractability of this tax struture, the presence of a progressive tax on labor income, which is co...

The revolution of Internet-of-Things (IoT) is reshaping the modern food supply chains with promising business prospects. To be successful in practice, the IoT solutions should create “income-centric” values beyond the conventional “traceability-centric” values. To accomplish what we promised to users, sensor portfolios and information fusion must correspond to the new requirements introduced by...

CELIK, Y. and K. PEKER, 2009. Benefit/cost analysis of mushroom production for diversification of income in developing countries. Bulg. J. Agric. Sci., 15: 228-237 This study presents benefit/cost and SWOT analyses of mushroom production in developing countries as diversification of rural income; a case study in Konya, Turkey. Data were obtained through a survey method by application of 33 ques...

Rural economy has an important role in rural sustainable development in every region or country. However, the rural economy in Iran is too much depending on agriculture and development of other rural economy in particular nonfarm activities, has been neglected by Iranian rural communities. Therefore, the aim of this study was to identify the role of non-farm business on rural sustainable develo...

Should the generosity of unemployment benefits and the progressivity of income taxes depend on the presence of business cycles? This paper proposes a tractable model where there is a role for social insurance against uninsurable shocks to income and unemployment, as well as inefficient business cycles driven by aggregate shocks through matching frictions and nominal rigidities. We derive an aug...

In 1981, personal saving in the United States was $106.6 billion, or 4.4 percent of personal income? Net corporate saving, as defined by undistributed profits net of estimated economic depreciation, was $49.5 billion, or 44.0 percent of after-tax corporate profits? Thus, net private saving was just 6.0 percent of net national product, which was $2.6 trillion. This level of savings is low by his...

The dual income tax combines a progressive tax schedule for labour income with a low flat tax rate on capital income and corporate income. This paper restates the case for the dual income tax and discusses alternative methods of taxing business income under such a tax system, paying special attention to the taxation of income from closely held corporations. It is argued that the imputed normal ...