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Mandatory profit sharing, entrepreneurial incentives and capital accumulation
(Escola de Pós-Graduação em Economia da FGV, 1997-03-06)
The impact of a mandatory tax on profits which is transferred to workers is analyzed in a general equilibrium entrepreneurial model. In the short run, this distortion reduces the number of fmns and the aggregate output. ...
Mandatory profit sharing, entrepreneurial incentives and capital accumulation
(Escola de Pós-Graduação em Economia da FGV, 1997-12)
The impact of a mandatory tax on profits which is transferred to workers is analyzed in a general equilibrium entrepreneurial model. In the short run, this distortion reduces the number of firms and the aggregate output. ...
Wages, informality, and net fiscal benefit in a federation: evaluating intergovernmental grants in Brazilian municipalities
(SAGE Publications Inc., 2018)
We estimate the net fiscal benefit (NFB) and the fiscal effect of unconditional grants on wages for twenty-six Brazilian states in the period 2005 to 2009. In particular, we explore the analytical framework proposed in ...
Creating Shared Value: Exploration in an Entrepreneurial Ecosystem
(Sustainability, 2022)
TAKEOVERS IN THE WORLD AND PRIVATE BENEFITS OF CONTROL UNDER THE VARIOUS REGULATIONS IN FORCE
(FONDO CULTURA ECONOMICA, 2015)
We review the corporate takeover regulation in place in the world and find evidence that it is converging from the Market Rule (MR) towards the Equal Opportunity Rule (EOR). The literature on the economic rationale of these ...