from taxes on intermediate inputs or consumer goods, and derives a practical alternative to this formula. We use an … analytically tractable general equilibrium model to reveal how interactions with pre-existing taxes in other markets critically … affect the excess burden of new taxes on intermediate inputs or consumer goods. The usual excess-burden formula ignores these …

countries with whom Japan has agreements are entitled to claim foreign tax credits for income taxes that they would have paid to …

choices. While taxes appear to influence a wide range of activity, the literature does not offer many subtle tests designed to …

detailed specification of public and private sector behavior focusing on the roles played by taxes on income, consumption, and … analytically that the effects of such changes in the structure of taxes depend critically on international differences in saving … depend critically on whether the government manages its deficit through alterations in income or consumption (VAT) taxes …

rate for all transactions. We show that the dual exchange rate policies can be usefully cast as distortionary taxes on …