distortions (subject to achieving other government objectives). It starts with a review of the theory and practice of deadweight …

, along with standard efficiency and compliance costs, as a source of excess burden. In the absence of compliance and … efficiency costs, the generalized excess burden measures the excess burden of regressive taxation, and provides a useful index …

political debate. At the same time, the literature is surprisingly silent about the magnitude of possible efficiency costs of a … departure from tax neutrality. Against this background, the present paper discusses the theory of capital structure and provides … backof-the-envelope calculations of the possible efficiency cost of a tax distortion of the debtequity decision. -- Debt …

current tax configuration is from the optimal one and, thereby, the degree of efficiency of a tax system. We call this number …

This paper develops a comprehensive framework for analyzing the revenue, efficiency and social welfare implications of … efficiency losses, whereas the Nordic countries studied are on the downward-sloping part of the Laffer curve. Additionally, the …