The paper examines empirically the changes in the tax mix of the OECD countries in
response to economic growth from 1980 to 1999. It is found that economic growth, measured …

The events of the last decade have challenged the contemporary neo-classical synthesis in
all branches of economics, but particularly public finance. The most notable feature of the …

The cyclically-adjusted balance (CAB) helps clarify important aspects of fiscal policy. In
particular, it entails the decomposition of the fiscal position into the automatic fiscal response …

We examine the relative dynamic responses of state personal tax revenues and sales tax
bases to changes in state personal income. Our econometric analysis, which includes …

By how much will faster economic growth boost government revenue? This paper estimates
short-and long-run tax buoyancy in OECD countries between 1965 and 2012. We find that …

A renewed interest in the link between business cycle and tax revenues has recently
emerged, especially during economic crises. In this paper, we provide an empirical analysis …

This essay is a theoretical exploration of a new budgetary system to cope with fiscal
uncertainty and instability. 1 It examines policies requiring positive year‐end balances and …

This paper reports the results of a field experiment conducted in Washington State to
improve compliance with the use tax and the Business and Occupation (B&O) tax. As part of …

Against the backdrop of high macroeconomic instability and the need to meet the demands
of public spending, we analyze the trade-off between growth and volatility of tax revenues in …

In this article, we examine the relationship between US federal revenues and expenditures
while relaxing the assumption of a symmetric adjustment process underlying the …