The alternative minimum tax and effective marginal tax rates

They assume that both federal and local governments, maximize their revenues, as in the models developed by Brennan and Buchanan (1980). capital stock that is

Beyond the CNAV ceiling (fraction B of the supplementary pension plans ARRCO and AGIRC), the contribution profiles are rather stable until age 31, because of the historical increase

Proposition 2 If the productivity distribution is Pareto unbounded, the government has maximin preferences and agents have a utility function that is either quasi-linear in

Address: Universit` a Cattolica del Sacro Cuore, Department of Economics and Finance - Largo Gemelli, 1 - 20123 Milano, Italy. Claudio Lucifora is also research fellow

While the literature following Gruber and Saez (2002) identifies income effects by controlling for actual changes in virtual incomes, we do so by including changes in the

Turning now to the two-period estimates of the housing tax regression reported in columns 4 to 6 in panel A of Table 3 , our most demanding specication in column 6 shows

Werner Haslehner is Professor of Law in the Faculty of Law, Economics and Finance at the University of Luxembourg, Luxembourg, where he holds the ATOZ Chair for European

When an agent’s trajectory has only one switch point, for instance when it is decreasing as in section 4.6 below, we conclude that labor supply is undistorted for the most