The success of the flat rate income tax in eastern Europe suggests that this concept could
also be a model for countries of western Europe. The present paper uses a simulation model …

Using pseudo-panel data, we estimate the structural parameters of a life--cycle consumption
model with discrete labor supply choice. A focus of our analysis is the abrupt drop in …

Traffic congestion pricing is studied using a general-equilibrium framework that incorporates
public goods expenditures, an income tax, a government budget constraint, and preferences …

This paper discusses the consequences of population aging and a fundamental pension
reform-that is, a shift towards more pre-funding-for capital markets in Germany. We use a …

This study uses Fehr et al.[Fehr, H., Jokisch, S., & Kotlikoff, LJ (2004a). The role of
immigration in dealing with the developed world's demographic transition. FinanzArchiv, 60 …

This paper examines the distributional and efficiency impacts of public debt consolidation
financed through a carbon tax employing a dynamic general-equilibrium model with …

Despite our limitations as forecasters, economists are prone to thinking about the future. A
declining number of economists see a future for capital income taxation. The …

The Economic Recovery Tax Act of 1981 and the Tax Reform Act of 1986 changed the US
income tax structure in a dramatic fashion. In particular, these two reforms reduced the …

Professor McNulty suggests that one of the most interesting tax policy debates during recent
decades has been that related to proposals to re-place the US Federal Income Tax with a …

This paper proposes and analyzes a Social Security reform in which individuals no longer
face the OASI payroll tax after, say, age 54 or a career of 34 years, and their subsequent …