Taxing family income: the effects on marriage and how time and resources are...
In all OECD countries, the central government levies a tax on personal income, with the associated revenues constituting a very significant share of overall government revenue. There is much debate and...
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Wealth Taxation and Wealth Accumulation: Theory and Evidence from Denmark
Empirical difficulties have limited the available evidence on the effect of taxes on the supply of capital, but this new research exploits the gradual ramping down of Denmark’s wealth tax to estimate...
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Growth and well-being: policy should not be based on GDP alone
Economists are often accused of focusing excessively on GDP, with the result that government policies make GDP a priority to the detriment of other contributors to well-being. This research proposes a...
View ArticleUS Treasury auctions: measuring the effectiveness of primary markets for...
How should government bonds be sold? Research typically emphasizes how the auction design affects outcomes depending on the nature of demand and the competitive environment. This study combines models...
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Optimal timing of unemployment benefits: evidence from Sweden
A public program of unemployment benefits aims to protect people against job loss, but it should ideally be designed so that it doesn’t encourage them to stay out of work too much longer than they...
View ArticleMeasuring the impact of US state taxation on business activity
There is considerable anecdotal evidence of US companies moving from high-tax states to low-tax states, but what do the data reveal about the impact of state taxation on economic activity? Analyzing...
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The costs of public sector patronage: lessons from the British Empire
Civil servants constitute a key element of state capacity, with the responsibility for raising government revenues, providing public services and implementing reforms. But what happens to their...
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Tax evasion and inequality
How widespread is tax evasion – and what does that imply for the true extent of inequality? This research explores these questions by analyzing a unique dataset of leaked customer lists from offshore...
View ArticleThe incentives of centralized school admissions systems
School choice mechanisms, preference manipulation and its effectsIn the vast majority of school choice mechanisms currently in use, students have the incentive to manipulate their reported preferences...
View ArticleHow do American families spend food benefits?
SNAP (the Supplemental Nutrition Assistance Program, formerly known as the Food Stamps Program) is an important part of the social safety net in the United States. It is the second-largest means-tested...
View ArticleTaxing family income: the effects on marriage and how time and resources are...
In all OECD countries, the central government levies a tax on personal income, with the associated revenues constituting a very significant share of overall government revenue. There is much debate and...
View ArticleClik here to view.
Wealth Taxation and Wealth Accumulation: Theory and Evidence from Denmark
Empirical difficulties have limited the available evidence on the effect of taxes on the supply of capital, but this new research exploits the gradual ramping down of Denmark’s wealth tax to estimate...
View ArticleWhat Goes Up May Not Come Down: Asymmetric Incidence of Value-Added Taxes
Value-Added Taxes (VATs) raise the most revenue of any tax in OECD countries and almost all countries in the world have adopted some form of VAT, with the notable exception of the US. While it is...
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