This paper investigates multistage taxes on firms in a limited tax capacity economy. We characterize the optimal taxation of informal firms reinterpreting behavioral and mechanical effects. Our numerical exercises highlight the relationship between misreporting costs and the elasticities of...

We embed social networks in a conventional SIR-Macro framework. The network effect amplifies the negative effects of an epidemic. Greater connectedness at work has a stronger recessionary effect. The average degree in the network (disease transmission technology) can be interpreted as policies...