We examine the measurement of tax expenditures, as well as review issues concerning the classification of tax expenditures generally. We use calculations from NBER's TAXSIM to illustrate some of the problems with the current methodology for estimating tax expenditures. Unlike most previous work...

Interest in measuring the impact of neighborhood homeownership rates on the residents of a neighborhood and on surrounding neighborhoods is increasing. This topic is part of the growing literature in the social sciences that discusses the theory and measurement of how neighborhoods affect...

<title>Abstract</title> Johnston and Talen use survey data to investigate the experience of developers employing New Urbanist techniques. The authors conclude that for cases in which affordable housing has been included in New Urbanist projects, developers typically relied on complex arrangements or incentives...

We use data from the U.S. Treasury corporate tax files for 1984 and 1992 to address two related questions concerning the investment decisions of U.S. multinational corporations. How sensitive are investment location decisions to tax rate differences across countries, and have investment location...

Several investment-repatriation strategies are added to the standard model of a multinational in which an affiliate is located in a low-tax country and is limited to two alternatives: repatriating taxable dividends to the parent or investing in its own real operations. In our model, affiliates...

We approach the question of how moving to a dividend exemption system would affect the location incentives of U.S. corporations from three different angles. We start by comparing the U.S. allocation of foreign direct investment in manufacturing across low-tax versus high-tax jurisdictions with...