6,321 research outputs found
Improved exponential stability for near-integrable quasi-convex Hamiltonians
In this article, we improve previous results on exponential stability for
analytic and Gevrey perturbations of quasi-convex integrable Hamiltonian
systems. In particular, this provides a sharper upper bound on the speed of
Arnold diffusion which we believe to be optimal
Remarks on step cocycles over rotations, centralizers and coboundaries
By using a cocycle generated by the step function over an irrational rotation , we present examples which illustrate different aspects
of the general theory of cylinder maps. In particular, we construct non ergodic
cocycles with ergodic compact quotients, cocycles generating an extension
with a small centralizer. The constructions are related
to diophantine properties of
Implicit tax co-ordination under repeated policy interactions
In the context of a stylised gaine theoretical framework of capital tax competition, we show that when repeated policy interactions are associated to a systematic punishment of the deviating policymaker, a coordinated outcome can be the solution to the non cooperative tax game. This resuit suggests that explicit forms of policy coordination, such as a centralised tax authority, could in fact be largely unnecessary.Policy coordination, international fiscal issues
Implicit tax co-ordination under repeated policy interactions
In the context of a stylised game theoretical framework of capital tax competition, we show that when repeated policy interactions are associated to a systematic punishment of the deviating policymaker, a co-ordinated outcome can be the solution to the non co-operative tax game. This result suggests that explicit forms of policy co-ordination, such as a centralised tax authority, could in fact be largely unnecessary. JEL Classification: E61, H87International Fiscal Issues, Policy Co-ordination
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