In this study, we analyze the incidence of corporate income tax using a dynamic general equilibrium model. The dynamic macroeconomic model enables us to analyze both the instantaneous and the ...

In any canonical Gaussian dynamic term structure model (GDTSM), the conditional forecasts of the pricing factors are invariant to the imposition of no-arbitrage restrictions. This invariance is ...

This paper develops a model of dynamic capital structure choice in the presence of recapitalization costs. The theory provides the optimal dynamic recapitalization policy as a function of ...

In addition to the dynamic chromatin structure, our studies revealed enrichment of the majority of the splicing factors in the undifferentiated cell-enriched testis.