This paper examines the evolution of academic research on the effects of the property tax over the past 75 years, with a special emphasis on articles that have appeared in the National Tax Journal over that time period.
In this background document, the authors provide some information on the choices of key parameter values used in the Diamond-Zodrow model. They focus on parameters involving labor supply, saving, international capital flows and substitution among factors of production.
Despite its massive geological endowment and receiving what could be considered the largest windfall in its economic history, Venezuela entered 2020 in the middle of an unprecedented economic crisis. The Covid-19 pandemic and turbulence in oil markets represent the latest in a string of problems that expose the country’s vulnerability.
To avoid the resource curse, nonresident fellow Todd Moss proposes a direct cash dividend to drive macroeconomic benefit, alleviate poverty and create incentives that drive demand for transparency and sound management.
This working paper is part of a series titled “The Role of Foreign Direct Investment in Resource-Rich Regions.”
The authors construct a tax competition model in which local governments finance business public services with either a source-based tax on mobile capital, such as a property tax, or a tax on production, such as an origin-based value added tax, and then assess which of the two tax instruments is more efficient.
The authors analyze the carbon emission, energy market and economic implications of carbon tax proposal introduced by U.S. Rep. Carlos Corbels (R-Florida). The working paper was released as part of a collaboration between Columbia University’s Center on Global Energy Policy, the Rhodium Group and the Baker Institute.
Public finance fellow Thomas Hogan analyzes the relationship between bank lending and the Federal Reserve's policy of paying interest on excess reserves (IOER).
In this working paper, fellow John Diamond and Rice faculty scholar George Zodrow describe the Diamond-Zodrow model, which simulates the macroeconomic effects of corporate income tax reform proposals.
At least 164 papers have defined a "patent thicket" since the first mention of the term in 1988. Authors are frequently inconsistent in their definitions and overall there is evidence of a growing confusion concerning patent thickets. Our analysis largely resolves this confusion.