Researchers characterizing optimal tax policies for dynamic economies have reasoned that optimally chosen tax rates should approximately follow a random walk. We conduct a frequency-domain examination of the properties of the tax rate series and conclude that while there is a substantial...

Researchers characterizing optimal tax policies for dynamic economies have reasoned that optimally chosen tax rates should approximately follow a random walk. We conduct a frequency-domain examination of the properties of the tax rate series and conclude that while there is a substantial...

The Journal of Public Finance and Public Choice began publication in 1983 under the title Economia delle scelte pubbliche, changing to its present title in 1998. Under either name, the Journal reflected the founding editor's (Domenico da Empoli) desire to amplify and extend the Italian...

In spite of the efforts made over the past several decades to bring to the fore the important contributions of the Italian public finance tradition - La Scienza delle finanze - this body of analysis remains relatively unknown outside of Italy. The same cannot be said of the seminal work of Knut...

The paper reviews some of the most representative Italian scholars, starting from De Viti de Marco and ending with Fasiani, conventionally considered the first and the last scholar of the Italian tradition. Their positions are discussed firstly in terms of the economic role they attributed to...