Einleitung -- Die politische Dimension von Sezessionen -- Die völkerrechtliche Zulässigkeit von Sezessionen: Quadratur des juristischen Kreises? Sezessionen im Spannungsfeld zwischen Selbstbestimmungsrecht und Wahrung territorialer Integrität -- Die ökonomische Dimension von Sezessionen --...

We analyze the macroeconomic implications of increasing the top marginal income tax rate using a dynamic general equilibrium framework with heterogeneous agents and a fiscal structure resembling the actual U.S. tax system. The wealth and income distributions generated by our model replicate the...

We analyze the macroeconomic implications of increasing the top marginal income tax rate using a dynamic general equilibrium framework with heterogeneous agents and a fiscal structure resembling the actual US tax system. The wealth and income distributions generated by our model replicate the...

We simulate corporate tax reform in a single good, five-region (U.S., Europe, Japan, China, India) model, featuring skilled and unskilled labor, detailed region-specific demographics and fiscal policies. Eliminating the model's U.S. corporate income tax produces rapid and dramatic increases in...