We develop a new approach to the decomposition of income risk within a nonstationary model of intertemporal choice. The … approach allows for changes in income risk over the life-cycle and with the business cycle. It requires only repeated cross … decomposing income risk. The approach is used to investigate the changes in income risk in Britain across the inequality growth …

Barriers to outsourcing that are being currently implemented in the US effectively tax its companies who "export" jobs … oligopolistic context. We find that while an outsourcing tax favors domestic workers by causing firms to switch to a greater use of … effects, which inform us about the conditions under which such a tax achieves its stated objective. Next, we consider the …

We examine ways of funding higher education, comparing upfront tuition fees with graduate taxes. The tax dominates, as … volatility in future income is transferred from risk-averse students to the risk-neutral state. However, a double moral hazard … endogenized. We show that graduate taxes reduce work incentives but provide incentives to improve teaching quality. Yet if tax …

concerning the health effects of the consumption of fat and of healthy goods. The level of the fat tax is determined through ….A fraction of the fat tax proceeds is "earmarked" to reduce health insurance premiums while the remaining fraction finances a … welfare, anticipating the induced political equilibrium. We show that the fat tax in the political equilibrium is always lower …

There exists a wide variety of tax treatments of pensions across the world. And the reasons for such a range of regimes …

bargaining procedure between spouses, and where an optimal income tax is also available. We focus on the question whether there … should be differences in tax treatment between "female" and "male" products. When weights (as well as wages) differ across … tax rates include Pigouvian and incentive terms. Their roles are most apparent in the case where some goods are consumed …