Results 51 to 60 of about 1,198 (216)
Government's high education policy under a dual economy in developing and developed countries
International Journal of Economic Theory, Volume 21, Issue 4, Page 447-472, December 2025.Abstract This paper explores the government's role in higher education policy within a dual economy, where skilled workers invest in higher education while unskilled workers do not. The novel question is whether the government should refrain from subsidizing higher education while imposing regulations, supporting a restricted, elitist system.
Michel Strawczynski
wiley +1 more source
Fiscal Policy and Redistribution in a Small Open Economy with Aging Population
East Asian Economic Review, 2021 This paper sets up a two agent small open economy with monopolistically competitive firms and catching up with the Joneses to investigate the labor and capital Laffer curve, taking into account aging population along the line of Auray et al. (2016), Gali
Yongseung Jung
doaj +1 more source
Can Trade Policy Mitigate Climate Change?
Econometrica, Volume 93, Issue 5, Page 1561-1599, September 2025.Trade policy is often cast as a solution to the free‐riding problem in international climate agreements. This paper examines the extent to which trade policy can deliver on this promise. We incorporate global supply chains of carbon and climate externalities into a multi‐country, multi‐industry general equilibrium trade model.
Farid Farrokhi, Ahmad Lashkaripour
wiley +1 more source
TAXATION OF TOP INCOMES AND TAX AVOIDANCE
International Economic Review, Volume 66, Issue 3, Page 983-1018, August 2025.Abstract We examine the aggregate and distributional effects of raising the top marginal income tax rate in the presence of entrepreneurial tax avoidance. In a model with heterogeneous agents and occupational choice, entrepreneurs can avoid taxes by choosing the legal form of business organization and shifting income across tax bases.
Alessandro Di Nola +4 more
wiley +1 more source
Taxation in Colombia: Theoretical and empirical approximation of the Laffer Curve
, 2022 Este artículo estima la curva de Laffer mediante un análisis de estática comparativa y un ejercicio econométrico. A partir de una especificación microeconómica, primero analiza la distorsión que causaría establecer un impuesto indirecto y las ...
Villar Otalora, Juan Camilo +2 more
core +1 more source
Thoughts on the Laffer Curve [PDF]
Review, 1981 The first part of the paper by Canto, Joines, and Laffer, which is the only part I will discuss, sets up a simple general equilibrium model with two factors (both taxed proportionately) and one output, and proceeds to grind out the solutions. The model, while not entirely unobjectionable, is certainly not outlandish in any important respect.
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Financial Repression and Laffer Curves [PDF]
SSRN Electronic Journal, 2015 This paper uses a simple calibrated general equilibrium model to evaluate the revenue from financial repression and its impact on Laffer curves for consumption, capital and labor taxes. By imposing a requirement for households to hold public debt with a below-market rate of return the government distorts optimal household allocation and raises extra ...
Kanat S. Isakov, Sergey Pekarski
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Value‐Added in African Exports and Rules of Origin
The World Economy, Volume 48, Issue 8, Page 1791-1803, August 2025.ABSTRACT Rules of origin (ROO) are criteria determining when goods are eligible for trade preferences. A common feature of ROO is to require that products embody a minimum share of value originating in the exporting country or group of beneficiary countries.
Rohit Ticku +4 more
wiley +1 more source
A Critique of The Laffer Curve
REVISTA PROCESOS DE MERCADO, 2020 In December 1974, the economist Art Laffer had dinner at a Washington D.C. restaurant with Jude Wanniski, Donald Rumsfeld, and Dick Cheney. The tax rate was so high in the United States, Laffer argued, that reducing the tax rate would increase government tax revenue.
openaire +2 more sources
Can Modern Monetary Theory fit the post‐Crisis US facts? Evidence from a full DSGE model
International Journal of Finance &Economics, Volume 30, Issue 1, Page 983-1006, January 2025.Abstract Modern Monetary Theory (MMT) claims that a monetarily sovereign government like the US is never confronted by a real budget constraint since it can always monetise any deficit by printing money; and this need not be inflationary since it can always drain excess money from circulation by taxing. MMT economists claim that their theory is in line
Chunping Liu +2 more
wiley +1 more source