This paper presents the case for tax progressivity based on recent results in optimal tax theory. We consider the optimal progressivity of earnings taxation and whether capital income should be taxed. We critically discuss the academic research on these topics and when and how the results can be...

Marktintransparenz und deren Bedeutung für die Preisbildung auf Märkten wurden in der Ökonomie lange Zeit vernachlässigt. Die für ihre Search-and-Matching-Theorie geehrten Wirtschaftswissenschaftler haben maßgeblich dazu beigetragen, dieses Manko zu überwinden. In ihren Arbeiten zeigen...

Whenever unemployment stays high for an extended period, it is common to see analyses, statements, and rebuttals about the extent to which the high unemployment is structural, not cyclical. This essay views the Beveridge Curve pattern of unemployment and vacancy rates and the related matching...

Whenever unemployment stays high for an extended period, it is common to see analyses, statements, and rebuttals about the extent to which the high unemployment is structural, not cyclical. This essay views the Beveridge curve pattern of unemployment and vacancy rates and the related matching...