political developments in 76 countries for the period 1971-1982. Using a number of alternative definitions of the inflation tax … political environment tend to rely more heavily on the inflation tax. There is no evidence in favor of the weak government …

heavily on seignorage. This result is obtained within the context of a political model of tax reform. The model implies that … the more unstable and polarized the political system, the more inefficient is the equilibrium tax structure (in the sense … that tax collection is more costly to administer), and the higher therefore, the reliance on seignorage. This prediction of …

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 …

A fiscal program that redistributes income from rich to poor individuals indirectly redistributes tax revenues from … policy, while reducing the uncertainty on the tax base, creates uncertainty on the tax rate. This occurs because regions hit … uncertainty on the tax base, thus making a majority of agents in each region worse off in a centralized regime. The model is a …