This paper summarizes the progress that has been made in computational general-equilibrium (CGE) models designed for tax policy evaluation. After reviewing the structure of CGE models, the paper discusses the inclusion of taxes, foreign trade, and financial behavior. The data requirements and...

We examine changes in subjective probabilities regarding retirement between the 2006 and 2008 waves of the Health and Retirement Study. Using a first-difference approach to eliminate individual heterogeneity, we find that the steep drop in asset prices in 2008 increased the reported probability...

<DIV>In the increasingly global economy, domestic tax policies have taken on a new importance for international economics. This unique volume compares the tax reform experiences of Canada and the United States, two countries with the world's largest bilateral flow of trade and investment. <BR><BR>With the...</div>

<DIV><P>Demographics is a vital field of study for understanding social and economic change and it has attracted attention in recent years as concerns have grown over the aging populations of developed nations. Demographic studies help make sense of key aspects of the economy, offering insight into...</p></div>