Research Library

This issue brief presents the results of a dynamic model similar in nature to the macroeconomic models used by the Congressional Budget Office and Joint Committee on Taxation in evaluating the Tax Cuts and Jobs Act of 2017. The model shows a modest decline in wealth inequality due to the corporate tax cuts in the TCJA.

In February 2018, the Baker Institute, the American University of Beirut’s Issam Fares Institute for Public Policy, and the Carnegie Corporation of New York held a two-day conference in Beirut to examine critical challenges and effective policy options for fostering more inclusive and pluralistic systems in the MENA. Leading experts discussed issues such as post-conflict reconstruction and the economic, political, and socio-religious dimensions of pluralism and inclusion in the MENA. This report summarizes some of the participants' discussions and proposals.

Fellow Joyce Beebe analyzes how changes to the exclusion limits for estate taxes passed under the 2017 tax reform will impact taxpayers and state and federal governments.

This report analyzes the comparable transactions method for valuing groundwater, which involves examining transactions for groundwater purchases or sales to gather pricing information, and explores how this method can be applied to groundwater valuations in Texas.

Mexico’s Ministry of the Interior estimates there could be 430,000 to 600,000 children and youth who are U.S. citizens but now reside in Mexico. Without the necessary documents, they become a vulnerable population without proper access to schools or social and health services. This brief explores the issues related to this population and calls for more research to be done to understand its impact.

In this issue brief, the authors examine the amount of growth and transactional venture capital (VC) in Houston, finding the the city lacks sufficient levels of growth VC needed to support its goals of establishing a high-growth, high technology startup ecosystem.

A numerical simulation of the macroeconomic effects of the House Republican Tax Reform plan, using the Diamond-Zodrow model, suggests that its net macroeconomic effects would be positive.

The list of 13 demands presented in June 2017 by Bahrain, Egypt, Saudi Arabia and the United Arab Emirates suggests a supremely ambitious set of goals behind their embargo of Qatar, including “red lines” that touch directly upon Qatari sovereignty and that Doha will almost certainly reject. The stage is thus set for a contest of endurance, one that with every passing month looks more likely to result in favor of Qatar, writes fellow Gabriel Collins in this brief.

The author assesses the impact of inequality in Latin America and the methods used to measure it. 

This brief quantifies the potential exposure of key European countries to Russian gas price and supply manipulation, shows how Moscow has used energy as an instrument of coercive diplomacy since the early 1990s, and briefly assesses the impacts and future policy implications of Russian entities’ past use of the “energy weapon” in and near Europe. Although it has not been widely successful to date in the former Soviet zone, Russia's use of the energy weapon against Western European countries in various forms still constitutes a strategic threat that warrants close attention from policymakers in Washington and throughout Europe, writes fellow Gabriel Collins.