A notable feature and principal virtue of Tax by Design is its system-wide perspective on different elements of the tax … and extend Tax by Design's analysis regarding the VAT, environmental taxation, wealth transfer taxation, and income …

on transfers and public goods are each integrated into a common optimal tax framework with the income tax and commodity … taxes at the core. Additional topics addressed include a range of dynamic issues, the unit of taxation, tax administration … and enforcement, and tax equity …

This paper evaluates optimal public investment and fiscal policy for countries characterized by limited tax and debt … welfare and the growth rate. With outstanding public debt, the optimal fiscal policy should keep the debt-to-GDP ratio … capacities. We study a non stochastic CRS endogenous growth model where public expenditure is an input in the production process …

Fiscal indiscipline is a feature of many developed countries. It is generally accepted that the source of the … that taxpayers must assume. As a result, democratically elected governments are led to postpone tax collection, or to cut … spending. Solving the fiscal discipline problem requires internalizing this externality. This calls for adequate institutions …

Fiscal indiscipline is a feature of many developed countries. It is generally accepted that the source of the … that taxpayers must assume. As a result, democratically elected governments are led to postpone tax collection, or to cut … spending. Solving the fiscal discipline problem requires internalizing this externality. This calls for adequate institutions …

Fiscal indiscipline is a feature of many developed countries. It is generally accepted that the source of the … that taxpayers must assume. As a result, democratically elected governments are led to postpone tax collection, or to cut … spending. Solving the fiscal discipline problem requires internalizing this externality. This calls for adequate institutions …

Fiscal indiscipline is a feature of many developed countries. It is generally accepted that the source of the … that taxpayers must assume. As a result, democratically elected governments are led to postpone tax collection, or to cut … spending. Solving the fiscal discipline problem requires internalizing this externality. This calls for adequate institutions …

Fiscal indiscipline is a feature of many developed countries. It is generally accepted that the source of the … that taxpayers must assume. As a result, democratically elected governments are led to postpone tax collection, or to cut … spending. Solving the fiscal discipline problem requires internalizing this externality. This calls for adequate institutions …

Fiscal indiscipline is a feature of many developed countries. It is generally accepted that the source of the … that taxpayers must assume. As a result, democratically elected governments are led to postpone tax collection, or to cut … spending. Solving the fiscal discipline problem requires internalizing this externality. This calls for adequate institutions …

oil price shocks. We study two Caribbean economies highly vulnerable to oil price shocks, an oil-importer (Jamaica) and an …