Despite the frequency of tax changes and their potential importance to investors, there has been relatively little modeling of anticipated tax changes.

This paper examines policies to index Social Security taxes or benefits to changes in the ratio of workers to beneficiaries, allowing for auto-correction for changing demographic factors.

The instability of labor earnings in the United States contributes to earnings inequality and may diminish household welfare. Despite the importance of earnings instability little is known about its correlates or causes. This paper seeks to better understand earnings instability by studying...

The Jobs and Growth Tax Relief Act of 2003contained a number of significant tax provisions, but the most noteworthy may have been the reduction in dividend tax rates.

We construct a computational dynamic stochastic and explore the impact of policy stickiness on optimal long-run fiscal policy.

This paper discusses specific proposals for reducing the United States' deficit that draw on the lessons from past fiscal consolidations.

The selective income tax exemption for home-state municipal bonds at issue in Davis v. Kentucky Department of Revenue is a barrier to interstate commerce.

This paper concludes that there is no reason to base our policies on the idea that small businesses are more deserving of government favor than big companies.

Working paper on thepolicy implicationsof pay-as-you-go retirement plansin regard totax and benefit timing.

To what are wage rates responsive? Does labor bear the burden of taxes?