. However, because taxes change for many reasons, examinations of the relationship between overall measures of taxation and … the main effect of tax cuts on the government budget is to induce subsequent legislated tax increases. Examination of four …

This paper presents a dynamic political economy theory of public spending, taxation and debt. Policy choices are made … revenues via a distortionary income tax and by borrowing. These revenues can be used to finance a national public good and … environments, a balanced budget requirement can improve citizen welfare …

This paper develops an infinite horizon model of public spending and taxation in which policy …and distributive public spending and distortionary taxation. The productive spending is investing in …legislative policy choices, focusing on the efficiency of the steady state level of taxation and …

1970 -- the income gap between the US and the sending country, the education gap between the US and the sending country …

used to improve the study and function of cities. We first show how Google Street View images can be used to predict income …

The analysis focuses on the government budget constraint and the resolution of inconsistent implications of different … reforms may cause jumps in inflation and the exchange rate through their impact on the government budget. In order to achieve …

debt-GDP ratios decline as the variability of revenues increases, primary balances and current expenditures follow cyclical … similar to the one observed in the data. The model mimics Mexico's GDP correlations of government purchases and the primary …