Quantum Ontologies and Mind-Matter Synthesis

Aspects of a quantum mechanical theory of a world containing efficacious mental aspects that are closely tied to brains, but that are not identical to brains.Comment: 69 pages. Invited contribution to Xth Max Born Symposium: "Quantum Future". Published in "Quantum Future", eds. P. Blanchard and A. Jadczyk, Springer-Verlag, 1999, ISBN 3-540-65218-3. LBNL 4072

The incidence of interest withholding taxes: Evidence from the LDC loan markets

Taxation;Interest Rate

Towards a global climate constitution

In this paper my concern is the study of the incentives of individual countries to sign an international climate agreement that sets the terms of a climate constitution, that is, it establishes emission rights and rules for trading these rights to combat the climate problem effectively and efficiently

National tax policies towards product-innovating multinational enterprises

Multinational Companies;Corporate Tax

Migration and income transfers in the presence of labor quality externalities

In this paper, a worker's productivity is assumed to depend on his own quality and on the average quality of other workers in the same country. The external effects associated with worker quality give rise to increasing returns to average worker quality. As a result, free migration generally reduces world output. Within each country, social benefits that induce low quality workers to leave the labor force can increase national income. Moreover, the operation of such a benefit scheme financed by a proportional income tax can increase everybody's net-of-tax income. The political economy of a system of transfers within a country is analyzed. In particular, the level of transfers is assumed to be determined by popular vote. In this setting, small migration flows can bring about large changes in transfer levels and in labor participation rates. The anticipation of migration generally reduces the level of transfers to the unemployed.Labour Market;Migration;Productivity;National Income;Quality;labour economics

Real exchange rate misalignment and redistribution

Exchange Rate;Export;Income Distribution

Time preference and international tax competition

Taxation;Capital Movements;Preferences;Models

The Taxation Implicit in Two-Tiered Exchange Rate Systems

A two-tiered exchange rate system can be interpreted as a set of separate taxes on money and other financial assets.If the official two-tiered exchange rate system coexists with a black market for foreign exchange, then there is an implicit taxation of international goods trade as well.This paper presents some evidence on the tax rates and tax revenues implicit in the exchange rate systems of the Bahamas (from 1978 to 1995), the Dominican Republic (from 1970 to 1984) and South Africa (from 1973 to 1995).Only the Bahamas appears to have received positive tax revenues from the implicit taxation of international capital flows, while only South Africa is estimated to have obtained positive tax revenues from the implicit taxation of international goods trade.taxation;exchange rate