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this work is a very widespread view that more cohesive and stronger families and local organizations are the bedrock to …
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The Future of Work in Africa focuses on the key themes of creating productive jobs and addressing the needs of those … work in Sub-Saharan Africa by creating new opportunities and challenges. It argues that, contrary to global fears of worker … displacement by new technologies, African countries can develop an inclusive future of work, with opportunities for lower …
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We compare Laffer curves for labor and capital taxation for the US, the EU-14 and individual European countries, using a neoclassical growth model featuring "constant Frisch elasticity" (CFE) preferences. We provide new tax rate data. The US can increase tax revenues by 30% by raising labor...
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We study optimal fiscal policy in a small open economy (SOE) with sovereign and private default risk. The SOE's government uses linear taxation to fund exogenous expenditures and uses public debt to inter-temporally allocate tax distortions. We characterize a class of environments in which the...
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We document how a plant-specific shock to investment opportunities at one plant of a firm ("treated plant") spills over to other plants of the same firm--but only if the firm is financially constrained. While the shock triggers an increase in investment and employment at the treated plant, this...
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