Several policy makers and economists have proposed the adoption of a carbon tax in the United States. It is widely … recognized that such a tax in practice must take the form of a tax on the consumption of energy products such as gasoline … not be appropriate for evaluating the effectiveness of such a tax. First, most of these studies fail to address the …

policies in the Indian car market. We simulate the effects of petrol and diesel fuel taxes and a diesel car tax, taking into … account their interactions with the pre-existing petrol fuel tax and car sales taxes. At levels sufficient to reduce total … about 4 (2010) Rs./L. However, at levels sufficient to reduce total fuel consumption by 2%, the increased petrol fuel tax …

The incidence of taxes on consumers and producers plays a central role in evaluating energy tax policy, yet the … literature testing the main predictions of the tax incidence model is sparse. In this paper, we examine the pass-through rate of … describe several potential implications for tax policy, including tax breaks during peak driving season and during times of …

A tax on vehicle emissions can efficiently induce all of the cheapest forms of abatement. Consumers could drive less …, the technology is not yet available to measure and tax each car's total emissions. We thus investigate alternative … combination of a tax on gas, a tax on engine size , and a subsidy to PCE. In a model with heterogeneous consumers, the same …

tax-inclusive fuel prices. Furthermore, there is path dependence in the type of innovation both from aggregate spillovers …

numerical implementation shows that innovation is critical for climate change policy. A policymaker uses a U-shaped emission tax …

because the small increments in all future tax rates to finance interest payments involves a smaller excess burden than the … single large tax rate increase that would be required to avoid an initial increase in the national debt. This argument … tax rates can be explicitly balanced against the disadvantage of the excess burden that arises from additional debt. The …

The SVAR and narrative approaches to estimating tax multipliers deliver significantly different results. The former … mechanism. This paper uses a DSGE-model approach to evaluate the hypothesis that the different tax multipliers stemming from the … differences in estimated multipliers are due either to both models failing to identify the same tax shock, or to small …

Tax rates have fluctuated considerably since federal income taxes were introduced in the United States in 1913. This … taxation affects the after-tax returns of both risky and safe assets. Whenever taxes change, bond and equity prices adjust to … for the risk introduced by tax changes …