Concerns over a potential flood of low-priced electric vehicles are growing, both within the Biden administration and in Congress. In a new working paper, Will Clayton Fellow in Trade and International Economics David A. Gantz discusses the current situation, along with remedial legal and practical measures likely to be applied.
In an economy with heterogeneous firms and heterogeneous consumers, the authors describe a general equilibrium where firm equity is priced by a supply and demand process. With a model robust to arbitrary, nonlinear tax functions, they investigate the efficiency of replacing the current U.S. tax regime with a policy of no corporate taxes and taxation of capital distributions to the household at progressive personal income tax rates.
This working paper is one of a series submitted for the Oct. 1, 2015, Baker Institute event "Currency Policy Then and Now: 30th Anniversary of the Plaza Accord."
Russell Green, David H. Papell, Ruxandra ProdanSeptember 16, 2015
A working paper that reveals some of the possible new directions in U.S. NGLs and their future use in world markets. By Al Troner, president of Asia Pacific Energy Consulting.