During and immediately after the recessions of 2001 and 2007-2009, tax amnesties in the American states rebounded in popularity. Is a tax amnesty a good fiscal policy? To address this question, we review the experience of US state tax amnesty between 1982-2012 and identify the literature that...

One of the objectives of the CRA Regulation is to increase competition in the markets for credit ratings by encouraging issuers to use smaller credit rating agencies. To this end, Article 8d(1) of the CRA Regulation states that where issuers or related third parties intend to appoint at least...