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67 Results
Coins and scale
Nonlinear Taxation in an Economy With Heterogeneous Firms and Heterogeneous Households
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.
Jorge Barro, Efraim Berkovich November 21, 2017
anti-corruption protests in Brazil
Latin America Initiative | Issue Brief
The Lengthy Brazilian Crisis Is Not Yet Over
Since early 2014, Brazil has been in the midst of a political and economic crisis characterized by the impeachment of former President Dilma Rousseff, steadily worsening economic conditions, and an investigation into widespread corruption within the government and Petrobras, the state-owned oil company. Experts from the Latin America Initiative analyze different aspects of the current situation in the issue briefs listed below.
Sergio Fausto February 17, 2017