This paper surveys the history of The Scandinavian Journal of Economics and the early contributions of Davidson, Wicksell, Cassel, Heckscher, Ohlin, Myrdal, and Lindahl. It also analyzes the population dynamics of economics journals. Finally, it addresses some issues concerning the publishing...

We examine how tax avoidance in the form of trade in well-functioning asset markets affects the empirical study of labor supply. We discuss the implications for tax policy analysis, and we show that a failure to account for avoidance responses may lead to huge errors when predicting how tax...

We examine how tax avoidance in the form of trade in well-functioning asset markets affects the empirical study of labor supply. We discuss the implications for tax policy analysis, and we show that a failure to account for avoidance re-sponses may lead to huge errors when predicting how tax...

This paper analyzes the effects of progressive taxes on labor supply and income distribution in the context of the rank-order tournament model originally developed by Lazear and Rosen (1981). We show conditions under which a more progressive tax schedule will cause so large general equilibrium...

The problem of time inconsistency arises from two different sources. First, as shown by Guillermo A. Calvo (1978), the re is an incentive for each government to engage in an initial unanti cipated inflation. Second, as discussed by Robert E. Lucas and Nancy L. Stokey (1983), there is an...

This paper demonstrates how time consistency of the Ramsey policy-the optimal fiscal and monetary policy under commitment-can be achieved. Each government should leave its successor with a unique maturity structure for nominal and indexed debt, such that the marginal benefit of a surprise...