The authors argue that attempts to raise a significant percentage of gross domestic product in revenue from a broad-based financial transactions tax are likely to fail both by raising much less revenue than expected and by generating far-reaching changes in economic behavior. They point out...

After decades of high trade restrictions, fiscal distortions, and currency overvaluation, Cameroon implemented important commercial and fiscal policy reforms in 1994. Almost simultaneously, a major devaluation cut the international price of Cameroon's currency in half. This article examines the...

Montana’s legislature meets once every two years and constructs a two-year budget. The legislature did not meet in 2010. This paper reflects changes and updates to the 2009 biennium budget, which includes many of the problems faced by the state caused by the economic recession. The most...

Abstract Contemporary scholars argue that high wealth donors in the U.S. influence political decision making through generous funding of nonprofit organizations like think tanks. In response to that potential influence, some endorse curbs on implicit subsidies that favor higher-income donors...

Purpose – This paper aims to examine some basic pathways to bring issues of public policy into entrepreneurship classes. Design/methodology/approach – The paper looks at policy issues related to taxation, regulation and employment which all offer important topics that can be integrated into...

Purpose – Policy makers have long been interested in whether tax policies can be used to encourage entrepreneurial activity, but prior studies have produced ambiguous results. The purpose of this paper is to investigate whether tax rates affect the decision to begin a new entrepreneurial...

Purpose – When a small business purchases a capital asset, its cost for tax purposes is spread over the useful life of the asset through the process of depreciation. It has become common in the USA for policy makers to enhance depreciation rules in an effort to increase business investment in...

Purpose – Recent findings by Hamilton ( Journal of Political Economy , 2000) suggest that the self-employed do not receive a monetary premium for the risk and uncertainty associated with business ownership. The purpose of this paper is to show that income underreporting by entrepreneurs can...

Purpose – Small businesses play a vital role in job creation and economic growth, and previous studies have noted that higher state tax rates may reduce entrepreneurial activity, growth, and hiring. The paper aims to discuss this issue. Design/methodology/approach – In this paper, the...