The main focus of this paper is on the potential role that taxation and public expenditure
policies play in general in affecting income distribution. We find that progressive personal …

How important is financial development for economic development? A costly state
verification model of financial intermediation is presented to address this question. The …

One of the oldest questions in the theory and practice of taxation is that of the appropriate
mix of direct and indirect taxes. The choice between direct and indirect taxes has contributed …

The financial crises that had begun as a sub-prime crisis in the USA in 2007 had plunged a
great many economies throughout the world into deep economic recessions. It seemed that …

Introduction Asia's rapid economic growth in recent decades has resulted in a substantial
reduction in poverty and a dramatic improvement in welfare and the standard of living for a …

The adoption of flat tax systems in Central and Eastern European countries have often been
supported by arguments of simplicity, higher compliance and lower distortionary effects …

En este artículo se revisa la literatura sobre imposición y crecimiento económico. En el
plano teórico, mientras que la política fiscal no puede afectar a la tasa de crecimiento a …

The present paper examines a neglected determinant of aggregate productivity: temporary
cross-border flows of people. We hypothesize that interaction between people from different …

The relationship between growth and inequality is complex. After discussing some general
background issues, motivated by extensive empirical evidence this paper focuses on public …

This paper explores the merits of macro‐and micro‐based tax rate measures within an open
economy “fiscal policy and growth” model. Using annual data for 15 OECD countries we find …