In this paper I examine a variety of political economy indicators that have become popular in recent years in order to see what we can learn about tax systems and economic development across countries. While each of the indicators is intended to reveal some aspect of the institutional policy...

This paper provides an overview of land and housing market developments in modern China since 1949. Key milestones in China’s land allocation system are documented along with a description of the amazing transformation that has taken place. In particular, with the advent of transferable...

Tax reforms over the past twenty-five years in the United States have dramatically altered the income tax system with numerous changes in base definitions and tax rates. With all of the changes that have taken place, including the most recent tax cuts in 2001 and 2003, interest in the effect of...