We examine the measurement of tax expenditures, as well as review issues concerning the classification of tax expenditures generally. We use calculations from NBER's TAXSIM to illustrate some of the problems with the current methodology for estimating tax expenditures. Unlike most previous work...

<title>Abstract</title> Johnston and Talen use survey data to investigate the experience of developers employing New Urbanist techniques. The authors conclude that for cases in which affordable housing has been included in New Urbanist projects, developers typically relied on complex arrangements or incentives...

Recent data present a puzzle: the ratio of corporate tax losses to positive income was much higher around 2001 than in earlier recessions. Using a comprehensive 1982-2005 sample of U.S. corporation tax returns, we explore a variety of potential explanations for this surge in tax losses, taking...