Over the past decade, cost-benefit analysis in the field of financial regulation (“financial CBA”) has emerged as a topic of intense public interest. In reviewing rulemakings under the Administrative Procedure Act, courts have demanded greater rigor in the financial CBA that regulators...

We examine the marriage tax in a formal setting. We begin with precise statements of the basic normative principles in the literature and proofs of old and new impossibility claims. Along the way we document and resolve important ambiguities in the existing literature. We then characterize the...

The forced sale of homes for private development usually results in a zero-sum gain and may actually hinder development in the area, economists have found.

In 2005, Missouri had 53 legally authorized tax credit programs. In this paper, the authors assemble basic information on all of these programs and further analyze the six largest (by tax credits issued) that include freely transferable credits. Their analysis focuses on the institutional...