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Durable Goods and Taxation

Raymond G. Batina and Toshihiro Ihori

in Consumption Tax Policy and the Taxation of Capital Income

Published in print:
2000
Published Online:
October 2011
ISBN:
9780198297901
eISBN:
9780191685361
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198297901.003.0009
Subject:
Economics and Finance, Financial Economics

This chapter discusses the relationship between durable goods and tax policy. The taxation of interest income of other assets benefits the durable goods industry. This could mean that a consumption ... More


Is Higher Education All That Unusual?

Robert B. Archibald and David H. Feldman

in Why Does College Cost So Much?

Published in print:
2010
Published Online:
January 2011
ISBN:
9780199744503
eISBN:
9780199866168
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199744503.003.0002
Subject:
Economics and Finance, Financial Economics

This chapter compares the time paths for the post–World War II period of higher education prices and the prices of other goods and services produced in the economy. Using simple graphs, it shows that ... More


Stability Analysis of the Walras–Leontief System

Michio Morishima

in Equilibrium, Stability and Growth: A Multi-Sectoral Analysis

Published in print:
1963
Published Online:
November 2003
ISBN:
9780198281450
eISBN:
9780191596650
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198281455.003.0002
Subject:
Economics and Finance, Development, Growth, and Environmental

This chapter is concerned with the stability of the mixed Walras–Leontief general‐equilibrium system, to which a conventional analysis of stability of equilibrium is applied. The use of this method ... More


How Important Is Discrete Adjustment in Aggregate Fluctuations?

Andrew Caplin and John Leahy

in Growth and Productivity in East Asia

Published in print:
2004
Published Online:
February 2013
ISBN:
9780226386805
eISBN:
9780226387079
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226387079.003.0012
Subject:
Economics and Finance, South and East Asia

The chapters in this volume tend to fall into two camps: those that take a microeconomic perspective on growth and productivity and those that take a more aggregate perspective. In spite of the ... More


Time, Habits, and Consumer Durables

Tullio Jappelli and Luigi Pistaferri

in The Economics of Consumption: Theory and Evidence

Published in print:
2017
Published Online:
October 2017
ISBN:
9780199383146
eISBN:
9780199383160
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199383146.003.0013
Subject:
Economics and Finance, Macro- and Monetary Economics

This chapter reviews the most important sources of non-separability. In models with habit formation the marginal utility provided by today’s consumption depends on past consumption (internal habits) ... More


That’s the way the money goes: expenditure patterns as real incomes rise for the poorest families with children

Paul Gregg, Jane Waldfogel, and Elizabeth Washbrook

in A more equal society?: New Labour, poverty, inequality and exclusion

Published in print:
2005
Published Online:
March 2012
ISBN:
9781861345783
eISBN:
9781447301394
Item type:
chapter
Publisher:
Policy Press
DOI:
10.1332/policypress/9781861345783.003.0012
Subject:
Sociology, Social Stratification, Inequality, and Mobility

This chapter examines the changes in the expenditure patterns and access to specific goods and services from 1997 to 2001, as incomes rose in response to benefit changes and employment shocks. The ... More


Wealth

Luigi Cannari and Giovanni D’Alessio

in Measuring Wellbeing: A History of Italian Living Standards

Published in print:
2017
Published Online:
March 2017
ISBN:
9780199944590
eISBN:
9780190218850
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199944590.003.0011
Subject:
Economics and Finance, Economic History

What do we mean by the “wealth of the Italians”? How do we go about measuring it? Who possesses it? The chapter answers these questions by providing the first generation of estimates of household ... More


Relative Prices

W. W. Rostow

in Title Pages

Published in print:
1998
Published Online:
November 2020
ISBN:
9780195116915
eISBN:
9780197561164
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780195116915.003.0008
Subject:
Earth Sciences and Geography, Cultural and Historical Geography

In viewing the time ahead, especially the next quarter century, I have been inclined to conclude that the industrial progress of India, China, Southeast ... More


Reassessing the U.S. Quality Adjustment to Computer Prices: The Role of Durability and Changing Software

Robert C. Feenstra and Christopher R. Knittel (eds)

in Price Index Concepts and Measurement

Published in print:
2010
Published Online:
February 2013
ISBN:
9780226148557
eISBN:
9780226148571
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226148571.003.0004
Subject:
Economics and Finance, Econometrics

This chapter, which provides a new reason for why conventional hedonic methods may overstate the price decline of personal computers, treats computers as a durable good and assumes that, as software ... More


Remembering Milton Friedman

Gregory C. Chow

in Milton Friedman: Contributions to Economics and Public Policy

Published in print:
2016
Published Online:
August 2016
ISBN:
9780198704324
eISBN:
9780191773761
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198704324.003.0004
Subject:
Economics and Finance, Economic History, Macro- and Monetary Economics

This chapter begins with some reflections on Milton Friedman as a teacher at Chicago: how impressive he was and how stimulating his lectures. Also, the fact that he showed the power of economic ... More


Cycles

W. W. Rostow

in The Great Population Spike and After: Reflections on the 21st Century

Published in print:
1998
Published Online:
November 2020
ISBN:
9780195116915
eISBN:
9780197561164
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780195116915.003.0009
Subject:
Earth Sciences and Geography, Cultural and Historical Geography

The reason for tracing in this chapter the history of cycles, as a prelude to speculating about the future, lies in two features of cyclical history: the ... More


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