The contemporary preoccupation with the optimality of consumption over income taxation dwells uneasily alongside the ambiguities in the older optimal tax literature. The recent literature has become mired in questions of optimal debt policy, to such an extent that one cannot adopt a position on...

The differences in Canadian and US aggregate savings rates do not appear to be attributable to the Registered Retirement Savings Plan program in Canada.

That some capital importing regions subsidize units of capital is inconsistent with the standard models of the capital tax competition literature. We maintain the assumption of capital homogeneity and relax the assumption of constant returns to scale. Among other things, we show that symmetric...

The authors extend Deaton's atemporal optimal commodity tax model to a life-cycle environment in which the individual may choose to work in many periods. The authors are able to confirm the Corlett-Hague intuition--goods that are more complementary with leisure should be taxed at higher rates....

There is a gap between the predictions of capital tax competition models and the reality they purport to describe. In a standard capital-tax model, with head taxes, capital-importing regions tax capital and capital-exporting regions subsidize capital. In the real-world, competing regions appear...

We present a measure of the correlation between the education levels of spouses based on a bivariate ordered probit model. The change in this correlation over time can be measured while controlling for the large changes in the educational attainment levels. The model is estimated with data from...

Governments around the world operate personal income tax systems but most governments go to considerable lengths to mitigate the distortions caused by the interest tax component of the income tax. A popular antidote is the tax deferred savings plan, TDSP, (e.g., RRSP in Canada or 401(k) in the...

A model of tax competition in which firms earn rents is described. The size of these rents, coupled with the degree to which the firms are foreign-owned, determine the equilibrium tax rates. The existence of rents significantly alters some generally accepted results involving the possibility of...

This study aims at exploring ways to better manage organisational development andchange in practice. For project managers like myself it is important to gain a solidunderstanding about the drivers or inhibitors in these developments and changeprocesses. I was particularly interested in those...