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The Choice between Income and Consumption Taxes : A Primer

Auerbach, Alan J. - 2010

tax and to discuss what theory and evidence have told us and could tell us about these issues …

Persistent link: https://www.econbiz.de/10012761327

Auerbach, Alan J. - 2010

This paper presents a new approach to the taxation of capital gains that eliminates the deferral advantage present under current realization-based systems, along with the lock-in effect and tax arbitrage possibilities associated with this deferral advantage. The new approach also taxes capital...

Persistent link: https://www.econbiz.de/10012762766

Evaluating the Taxation of Risky Assets

Auerbach, Alan J. - 2010

This paper explores the taxation of risky assets, both from the theoretical perspective of optimal taxation and from the practical one of measuring quot;thequot; tax rate on an asset when, as under existing practice, its stochastic returns are subject to differential tax treatment across states...

Persistent link: https://www.econbiz.de/10012763102

Taxation, Portfolio Choice, and Debt-Equity Ratios : A General Equilibrium Model

Auerbach, Alan J. - 2010

This paper explores the portfolio behavior of investors differing with respect to both tax rates and risk-aversion, emphasizing the role of constraints on individual and firm behavior in ensuring the existence of and characterizing portfolio equilibrium. Under certain conditions on the...

Persistent link: https://www.econbiz.de/10012763366

Macroeconomic Frameworks

Auerbach, Alan J. - 2019

We link detailed data on defense spending, wages, hours, employment, establishments, and GDP across U.S. cities to …, the employment rate, and the labor force) and examine effects on local rental prices, wages, and firm entry. We compare … our findings with the predictions of macroeconomic models and propose modifications to existing theory that can …

Persistent link: https://www.econbiz.de/10012861210

Inequality, Fiscal Policy and Covid19 Restrictions in a Demand-Determined Economy

Auerbach, Alan J. - 2020

We evaluate the effects of inequality, fiscal policy, and COVID19 restrictions in a model of economic slack with potentially rigid capital operating costs. Inequality has large negative effects on output, while also diminishing the effects of demand-side fiscal stimulus. COVID restrictions can...

Persistent link: https://www.econbiz.de/10012831278

Who Bears the Corporate Tax? A Review of What We Know

Auerbach, Alan J. - 2012

This paper reviews what we know from economic theory and evidence about who bears the burden of the corporate income …

Persistent link: https://www.econbiz.de/10013105533

Taxation and Corporate Financial Policy

Auerbach, Alan J. - 2012

This paper reviews the theory and evidence regarding the impact of taxation on corporate financial policy. Starting …

Persistent link: https://www.econbiz.de/10013105793

Consumption and Cash-Flow Taxes in an International Setting

Auerbach, Alan J. - 2013

We model the effects of consumption-type taxes which differ according to the base and location of the tax. Our model incorporates a multinational producing and selling in two countries with three sources of rent, each in a different location: a fixed basic production factor (located with initial...

Persistent link: https://www.econbiz.de/10013073945

On the Design and Reform of Capital Gains Taxation

Auerbach, Alan J. - 2022

After reviewing recent work on the feasibility of taxing capital gains on accrual or in an equivalent manner. This paper develops and presents simulations of a model of household behavior. aimed at assessing the efficiency effects of this and other tax reforms, The model accounts for the...

Persistent link: https://www.econbiz.de/10013322320