This book finds that political and procedural mechanisms needed to ensuresettled, investment-backed expectations are upset only after consideration and when a political consensus exists.

The Jobs and Growth Tax Relief Act of 2003contained a number of significant tax provisions, but the most noteworthy may have been the reduction in dividend tax rates.

How are factors such as corruption perception and the level of democracy influencing foreign direct investment to developing economies?

In this paper, we estimate the size of the externalities produced by big-box retail stores for other establishments and explore the effect of the externalities on local government policy.

Using data from two detailed, nationally representative, household datasets, we explore whether women who are economically empowered are less likely to experience domestic violence. We find that, while working women may be at a greater risk of violence, higher earnings are associated with a...

We construct a computational dynamic stochastic and explore the impact of policy stickiness on optimal long-run fiscal policy.

This study's estimates of the reduction in accidents from a ban on cell phone use while driving are both lower and less certain than previous studies indicate.

This paper discusses specific proposals for reducing the United States' deficit that draw on the lessons from past fiscal consolidations.