.S. tax rebates, as well as briefly summarizing two previous applications of the methodology. In the 2001 rebate case, we … that without the tax rebate nondurable consumption spending would have fallen dramatically in the late summer and fall of …

How much additional tax revenue can the government generate by increasing labor income taxes? In this paper we provide … a quantitative answer to this question, and study the importance of the progressivity of the tax schedule for the … ability of the government to generate tax revenues. We develop a rich overlapping generations model featuring an explicit …

This paper examines how the tax simulation method can be extended to incorporate nonlinear budget constraints and … total amount or $4.5 billion at 1977 levels. The extension would reduce tax revenue by slightly less, about $4.1 billion. A …

This study examines the potential effects on personal savings of alternative types of tax rules. The analysis makes use … and a stratified random sample of 26,000 individual tax returns for that year. The first type of tax rule that we consider … would permit all tax-payers to make tax deductible contributions to individual savings accounts. The interest and dividends …

This paper employs MIMIC, an applied general equilibrium model of the Dutch economy, to explore various tax cuts aimed … details, and more economic mechanisms. Targeting in-work benefits at the low skilled is the most effective way to cut economy … long-term unemployed reduce unskilled unemployment most substantially. Tax cuts in the higher tax brackets boost the …