The effects of income and consumption taxation are examined in the context of models in which the growth process is driven by the accumulation of human and phys

The effects of income and consumption taxation are examined in the context of models in which the growth process is driven by the accumulation of human and phys

Harberger’s superneutrality conjecture contends that, although in theory the mix of direct and indirect taxes affects investment and growth, in practice growt

This paper surveys the tax policy implications in various endogenous growth models. The focus is on the long-run growth effects of income, consumption, and inve

This paper assesses the macroeconomic and distributional impact of personal income tax (PIT) reforms in the U.S. drawing on a multi-sector heterogenous agents m