The federal government offers an array of tax-based aid student aid programs designed to lower the cost of postsecondary attendance. Many taxpayers are eligible for more than one program, yet they are limited to one program per student per year. Analyzing a unique panel dataset of individual...

Unintended consequences of a pre-announced climate policy have been studied in a variety of situations. We show that early announcement of a carbon tax gives rise to a "Green-Paradox", in that it increases polluting emissions in the interim period (between announcement and actual...

In diesem Beitrag werden die Effekte symmetrischer und differenzierender Besteuerung auf die Portfoliowahl und den Arbeitsanreiz untersucht. Hierbei wird zunächst ein Portfoliomodell mit zwei riskanten Projekten im Ein-Personen-Kontext, d.h. ohne Arbeitsanreizproblem betrachtet. Symmetrische...