Author: Sergei KomlevPublisher: Demian LA
ISBN: 5990915403
Category : Business & Economics
Languages : en
Pages : 98
Book Description
Oil Indexation: The Best Remedy for Market Failure in the Natural Gas Industry
Author: Sergei KomlevPublisher: Demian LA
ISBN: 5990915403
Category : Business & Economics
Languages : en
Pages : 98
Book Description
Automatic Government
Author: R. Kent WeaverPublisher: Brookings Institution Press
ISBN: 0815704011
Category : Business & Economics
Languages : en
Pages : 289
Book Description
One of the most dramatic and least studied policy changes of the past twenty years is the increased use of indexing—automatic adjustments for inflation—in federal programs. Currently, programs comprising more than one-third of the federal budget have indexing provisions. The growth of indexing is all the more remarkable since it appears to conflict with the electoral interests of most politicians. Without indexing, legislators can vote for popular increases in social security benefits, federal pay, and other programs during election years and claim credit with their constituents for doing so. Indexing tends to keep such votes off the agenda. Why would politicians renounce these credit-claiming opportunities instead of embracing them? R. Kent Weaver examines the reasons for the growth of indexing in federal programs and its consequences for current policy. He focuses on indexing debates in six policy areas: social security, food stamps, congressional pay, dairy price supports, the minimum wage, and federal income tax brackets. Weaver argues that to understand indexation policy—and policymaking in general—we must broaden our understanding of policymakers' motivations. They have often given up opportunities to claim credit because they are even more concerned with avoiding blame for unpopular decisions and outcomes. Politicians' efforts to avoid blame for unpopular actions not only have determined whether indexing proposals were adopted, but have also shaped the effects of indexing on programs where it was adopted. Weaver shows that the effects of indexing have varied substantially across programs, and he suggests guidelines for the future use of indexing in federal programs.
Morphology and Lexical Semantics
Author: Rochelle LieberPublisher: Cambridge University Press
ISBN: 1139454048
Category : Language Arts & Disciplines
Languages : en
Pages : 208
Book Description
Morphology and Lexical Semantics explores the meanings of morphemes and how they combine to form the meanings of complex words, including derived words (writer, unionise), compounds (dog bed, truck driver) and words formed by conversion. Rochelle Lieber discusses the lexical semantics of word formation in a systematic way, allowing the reader to explore the nature of affixal polysemy, the reasons why there are multiple affixes with the same function and the issues of mismatch between form and meaning in word formation. Using a series of case studies from English, this book develops and justifies the theoretical apparatus necessary for raising and answering many questions about the semantics of word formation. Distinguishing between a lexical semantic skeleton that is featural and hierarchically organised and a lexical semantic body that is holistic, it shows how the semantics of word formation has a paradigmatic character.
Foundations of Taxation Law 2022
Author: Stephen BarkoczyPublisher: Cambridge University Press
ISBN: 1009169521
Category : Law
Languages : en
Pages : 1151
Book Description
Foundations of Taxation Law provides a clear and comprehensive introduction to the policy, principles and practice underpinning the Australian taxation system. Designed as an introductory guide for law and business students as well as tax practitioners, the text focuses on general principles, blending policy issues, taxation theory, technical 'black letter law' and commercial practice into a succinct, principled text. Topics have been developed in a logical, structured order and are cross-referenced to specific provisions in the legislation and relevant cases so that readers can easily find the source of the law. The text includes approximately 400 examples and dozens of diagrams and tables that condense the law and clarify difficult concepts. This fourteenth edition has been substantially revised and restructured to take account of many important legislative reforms, case law developments, administrative changes and policy announcements. It is designed to be used in conjunction with the Core Tax Legislation and Study Guide 2022.
Inflation-indexed Securities
Author: Mark DeaconPublisher: John Wiley & Sons
ISBN: 0470868988
Category : Business & Economics
Languages : en
Pages : 360
Book Description
The global market for inflation-indexed securities has ballooned in recent years, and this trend is set to continue. This book examines the rationale behind issuance and investment decisions, and details the issues facing anyone who designs indexed securities, illustrating them wherever possible with actual examples from the international capital markets. In particular, an extensive review of indexed debt markets throughout the world is provided - including for the first time, a comprehensive and consistent set of cash flow and price-yield equations for the instruments already in existence in the major bond markets - forming an important reference for those already experienced in the field, as well as practitioners and academics approaching the subject for the first time. The book also provides unique insight into the development of inflation-indexed derivative products, and the analytical tools required to value such instruments.
Description of Revenue Provisions Contained in the President's Fiscal Year ... Budget Proposal
Author: Indexation
Author: Monetary Indexation in Brazil
Author: Gilberto de Ulhôa CantoPublisher:
ISBN:
Category : Brazil
Languages : en
Pages : 210
Book Description
Compilation of papers dealing with monetary correction, accounting principles, and indexation in the Brazilian law and tax system.
Federal Reserve Readings on Inflation
Author: Outside the Band
Author: Mrs.Esther Perez RuizPublisher: International Monetary Fund
ISBN: 1475533888
Category : Business & Economics
Languages : en
Pages : 33
Book Description
This paper examines inflation dynamics in Chile during the last peso depreciation episode 2013-15. The evidence is for substantial pass-through effects to inflation, given the large and persistent depreciation movement. Widespread indexation practices in non-traded goods markets are found to amplify the inflation response to the depreciation, while the role of wage indexation is less relevant to the inflation dynamics. Overall, inflation would have remained within the central bank’s target band absent the peso depreciation. The analysis also shows that tightening monetary policy in response to a depreciation shock can be costly in terms of output: the response of activity to rates is found to be strong, while the transmission from activity to inflation is found to be weak. Simulations under uncertainty about the extent of the pass-through also suggest that monetary policy can play a countercyclical role in the face of depreciation shocks at a moderate inflationary cost, as long as inflation expectations remain anchored.