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YU, EDEN S H (2) answer(s).
 
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1
ID:   060201


Critical issues in China's growth and development / Kwan, Yum K. (ed.); Yu, Eden S.H. (ed.) 2005  Book
Yu, Eden S H Book
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Publication Aldershot, Ashgate, 2005.
Description xii, 308p.
Series Chinese economy series
Standard Number 0754642704
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Copies: C:1/I:0,R:0,Q:0
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Accession#Call#Current LocationStatusPolicyLocation
049425330.951/KWA 049425MainOn ShelfGeneral 
2
ID:   086586


Government budget, public-sector wages and capital taxes in a s: Hong kong case / Chao, Chi-Chur; Yu, Eden S H; Yu, Wusheng   Journal Article
Chao, Chi-Chur Journal Article
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Publication 2009.
Summary/Abstract This paper examines the welfare implications of adjustments in public-sector wages and capital tax rates for a small open economy in a general equilibrium setting. The individually and jointly optimal wage and tax policies are derived and interpreted. Facing reductions in land sales and falls in foreign interest rates, a cut in public workers' pay is needed to make their wage comparable to the private sector and a hike in capital taxes is recommended for a budgetary consideration. Using a computable general equilibrium model for Hong Kong, we numerically evaluate the various optimal policies which not only confirm the theoretical results but also provide quantitative estimates of the optimal policy variables.
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