This paper uses a cost of capital framework to analyze the long-run steady state and transition path for GDP as a result of the 2017 tax…
This paper examines the choice between subsidizing investment or output to promote socially desirable production. We exploit a natural…
Excess prices for drugs in the U.S. is a persistently vexing policy problem. While there is agreement among most policy analysts that supra…
The power of Pan-Africanism as a guiding vision for the continent’s development is widely studied, mostly as an aspirational phenomenon. At…
To understand the tax bill now coming out of Congress, apply some good old grammar school skills of arithmetic and history. The arithmetic…
While the agenda of “beyond GDP” encompasses measurements that lie outside boundaries of the System of National Accounts, key aspects of…
The behavioral responses to taxes and subsidies are often subject to various behavioral biases and transaction costs—what we define as “…
This paper estimates the effect of Chapter 13 bankruptcy protection on financial health using a new data set linking bankruptcy filings to…