differences in national income. However, significant variations exist in health's share of government spending even after … controlling for national income. This paper provides a global overview of health's share of government spending and summarizes key …

marginal tax rates on capital income. Martin Feldstein argues that such high tax rates hurt the economy even if saving rates … are not sensitive to rates of return, and examines the various ways in which capital taxes distort other aspects of …

better serve their interests. It then explores the welfare costs from cascading taxes, showing that these may actually be …

trends in employment, unemployment, wages, wage share, and personal income distribution after the crisis. …This paper discusses the costs of the crisis with respect to public finance and labour market outcomes. The paper shows … the effects of the crisis on public debt, and discusses the possible effects on the functional distribution of taxes and …

income shocks. The findings also yield a number of important caveats and policy considerations, however, that have largely …