We model the effects of consumption-type taxes which differ according to the base andlocation of the tax. Our model incorporates a monopolist producing and selling in twocountries with three sources of rent, each in a different location: a fixed factor (locatedwith production), mobile managerial...

[...]With fiscal affairs apparently in order—at least in the shortrun—and with some perspective on the past twenty-five years’economic performance, we are in a position to ask how well thebudget process has worked to produce a coherent andresponsive fiscal policy, particularly given the...