Modified Ramsey Rule, Optimal Carbon Tax and Economic Growth

Economic Freedom, Economic Growth And Governments Tax Revenue In (MENA)

Optimal carbon tax doubled

Typically, cost–benefit analysis (CBA) has suggested ‘optimal’ carbon tax regimes that result in a global temperature rise of around 3 °C, or even eventually (post-2100) 4 °C, above preindustrial levels. However, risk analysis approaches indicate that these levels of temperature rise result in climate change impacts that pose a high or very high level of risk to society and ecosystems1 (Fig. 1)...

Tax Evasion and Economic Growth∗

In this paper we analyze how the tax compliance policy affects the rate of economic growth. We consider a model of overlapping generations in which the paths of all the macroeconomic variables are endogenously determined and we perform the comparative statics analysis of changes in both the probability of inspection and the penalty fee imposed on tax evaders. We also show the nonoptimality from...

Business Tax Reform and Economic Growth

It is great to come back to NYU Law and especially fitting to be discussing business tax reform with all of you. Nearly a decade ago I co-taught the tax colloquium with Dan Shaviro. I am not sure how much anyone learned from me but I learned a huge amount from the NYU community and Dan in particular. And that learning continued in my close partnership with David Kamin for several years in the W...

economic freedom, economic growth and governments tax revenue in (mena)