Benefit–cost analysis (BCA) evaluates policy choices by summing unweighted monetary
equivalents, and is insensitive to distributional considerations. An established scholarly …

There are fewer people living in extreme poverty in the world today than 30 years ago. While
that is an achievement, continuing progress for poor people is far from assured. Inequalities …

Disputes over government policies rage in a number of areas. From taxation to climate
change, from public finance to risk regulation, and from health care to infrastructure …

In the past few decades, economic analysis of law has been challenged by a growing body
of experimental and empirical studies that attest to prevalent and systematic deviations from …

The optimal design of a tax system is a topic that has long fascinated economic theorists and
flummoxed economic policymakers. This paper explores the interplay between tax theory …

This handbook chapter reviews recent developments in the theory of optimal labor income
taxation. We emphasize connections between theory and empirical work that were initially …

This Paper considers the design of a tax on greenhouse gases (" GHGs"). The purpose of
such a tax, which we will generally refer to as a carbon tax, is to internalize externalities …

We develop frameworks for welfare analysis of Medicaid and apply them to the Oregon
Health Insurance Experiment. Across different approaches, we estimate low-income …

Abstract In the United States, health care technology has contributed to rising survival rates,
yet health care spending relative to GDP has also grown more rapidly than in any other …

This paper studies the implications of individuals' knowledge of future job loss for the
existence of an unemployment insurance (UI) market. Learning about job loss leads to …