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. With the...

The impacts of pure sex preference and differential earnings opportunities by gender on investments in children are modelled with altruism. If bequest constraints do not bind human investments are privately efficient, with the higher-earning gender receiving more education. Education does not...

This paper provides a theoretical analysis of the impact of international factor movements on the personal distribution of income. It distinguishes between two types of labor (skilled and unskilled) and focuses on the consequences of their migration. There is a simple, yet powerful, relationship...

The steady-state effect on inequality of linear redistributive schemes based on the taxation of earnings, inheritances, or some combination of the two is examined. Dynasties that exhibit asexual reproduction and altruism are modeled. Earnings ability, which may be correlated across generations,...