capital and labor based on administratively set minimum wages rather than an imputed return to book assets.  This paper … shift would also raise the tax burden of skilled labor-intensive industries more than it would that of capital …

This paper studies the impact of bank regulation and taxation in a dynamic model with banks exposed to credit and … liquidity risk. We find an inverted U-shaped relationship between capital requirements and bank lending, efficiency, and welfare … lending, efficiency and welfare significantly. The costs of high capital and liquidity requirements represent a lower bound on …

This paper presents a simple two-country model with mobile capital and immobile labour, in which there are two classes … of individuals, the workers and the capital owners. A source-based tax on capital income is used to finance transfers to …), capital income is shown to be undertaxed at the non-cooperative equilibrium relative to the autarkic situation. …

The theorem of the zero taxation of capital income is reexamined and is shown to hinge critically on the assupmtions of …

standard model; it allows for taxation of internationally mobile capital. Making this change fundamentally alters the main … lesson from the tax literature that a country which faces a perfectly elastic supply of capital should not use source …-based taxes on capital income. …