Economics of Taxation

Edited by James Alm, Professor and Chair, Department of Economics, Tulane University, US

‘This collection. . . will give to students of taxation a valuable source of critical writings to aid their studies.’

• Contents:Volume IAcknowledgementsIntroduction James AlmPART IANALYZING THE EFFECTS OF TAXATION A.Notions of Equity1. Richard A. Musgrave (1976), ‘ET, OT and SBT’2. H. Peyton Young (1990), ‘Progressive Taxation and Equal Sacrifice’3. Louis Kaplow (1989), ‘Horizontal Equity: Measures in Search of a Principle’B.Taxes and Income Distribution4. Charles E. McLure, Jr. (1975), ‘General Equilibrium Incidence Analysis: The Harberger Model After Ten Years’5. Michael Katz and Harvey S. Rosen (1985), ‘Tax Analysis in an Oligopoly Model’6. Lawrence H. Summers (1983), ‘The Asset Price Approach to the Analysis of Capital Income Taxation’7. James Davies, France St-Hilaire and John Whalley (1984), ‘Some Calculations of Lifetime Tax Incidence’8. Timothy J. Besley and Harvey S. Rosen (1999), ‘Sales Taxes and Prices: An Empirical Analysis’9. John B. Shoven (1976), ‘The Incidence and Efficiency Effects of Taxes on Income from Capital’10. David M. Cutler (1988), ‘Tax Reform and the Stock Market: An Asset Price Approach’C.Taxes and Efficiency11. Arnold C. Harberger (1964), ‘The Measurement of Waste’12. Jerry A. Hausman (1981), ‘Exact Consumer’s Surplus and Deadweight Loss’13. Edgar K. Browning (1987), ‘On the Marginal Welfare Cost of Taxation’14. Charles L. Ballard, John B. Shoven and John Whalley (1985), ‘The Total Welfare Cost of the United States Tax System: A General Equilibrium Approach’D.Taxes and Revenues15. Don Fullerton (1982), ‘On the Possibility of an Inverse Relationship Between Tax Rates and Tax Revenues’E.Taxes and Growth16. Larry E. Jones, Rodolfo E. Manuelli and Peter E. Rossi (1993), ‘Optimal Taxation in Models of Endogenous Growth’F.Taxes and Politics17. Kevin W.S. Roberts (1977), ‘Voting Over Income Tax Schedules’18. Walter Hettich and Stanley L. Winer (1988), ‘Economic and Political Foundations of Tax Structure’PART IIOPTIMAL TAXATION 19. Peter A. Diamond and James A. Mirrlees (1971), ‘Optimal Taxation and Public Production II: Tax Rules’20. P.A. Diamond (1975), ‘A Many-Person Ramsey Tax Rule’21. J.A. Mirrlees (1971), ‘An Exploration in the Theory of Optimum Income Taxation’22. Peter A. Diamond (1998), ‘Optimal Income Taxation: An Example with a U-Shaped Pattern of Optimal Marginal Tax Rates’23. A.B. Atkinson and J.E. Stiglitz (1976), ‘The Design of Tax Structure: Direct Versus Indirect Taxations’24. N.H. Stern (1976), ‘On the Specification of Models of Optimum Income Taxation’25. Emmanuel Saez (2001), ‘Using Elasticities to Derive Optimal Income Tax Rates’26. Joel Slemrod (1990), ‘Optimal Taxation and Optimal Tax Systems’PART IIITAX REFORM 27. Martin Feldstein (1976), ‘On the Theory of Tax Reform’28. Alan J. Auerbach, Laurence J. Kotlikoff and Jonathan Skinner (1983), ‘The Efficiency Gains from Dynamic Tax Reform’29. David Altig, Alan J. Auerbach, Laurence J. Kotlikoff, Kent A. Smetters and Jan Walliser (2001), ‘Simulating Fundamental Tax Reform in the United States’ Volume IIAcknowledgementsAn Introduction by the editors appears in Volume IPART ITAXES AND INDIVIDUAL DECISIONS A.Incentives1. Joel Slemrod (2001), ‘A General Model of the Behavioral Response to Taxation’B.Labour Supply2. Jerry A. Hausman (1981), ‘Labour Supply’3. James P. Ziliak and Thomas J. Kniesner (1999), ‘Estimating Life Cycle Labor Supply Tax Effects’C.Saving4. Lawrence H. Summers (1981), ‘Capital Taxation and Accumulation in a Life Cycle Growth Model’5. William G. Gale and John Karl Scholz (1994), ‘IRAs and Household Saving’6. James M. Poterba, Steven F. Venti and David A. Wise (1995), ‘Do 401(k) Contributions Crowd Out Other Personal Saving?’D.Portfolio Choice7. Joseph E. Stiglitz (1969), ‘The Effects of Income, Wealth, and Capital Gains Taxation on Risk-Taking’8. James M. Poterba and Andrew A. Samwick (2003), ‘Taxation and Household Portfolio Composition: US Evidence from the 1980s and 1990s’E.Capital Gains9. Martin S. Feldstein, Joel Slemrod and Shlomo Yitzhaki (1980) ‘The Effects of Taxation on the Selling of Corporate Stock and the Realization of Capital Gains’10. Leonard E. Burman and William C. Randolph (1994), ‘Measuring Permanent Responses to Capital-Gains Tax Changes in Panel Data’F.Estate Taxes11. James Poterba (2001), ‘Estate and Gift Taxes and Incentives for Inter Vivos Giving in the United States’G.Tax Avoidance and Evasion12. Michael G. Allingham and Agnar Sandmo (1972), ‘Income Tax Evasion: A Theoretical Analysis’13. Charles T. Clotfelter (1983), ‘Tax Evasion and Tax Rates: An Analysis of Individual Returns’14. James Alm, Gary H. McClelland and William D. Schulze (1992), ‘Why Do People Pay Taxes?’H.Income Reporting15. Martin Feldstein (1995), ‘The Effect of Marginal Tax Rates on Taxable Income: A Panel Study of the 1986 Tax Reform Act’16. Jon Gruber and Emmanuel Saez (2002), ‘The Elasticity of Taxable Income: Evidence and Implications’PART IITAXES AND BUSINESS DECISIONS A.Why Tax Capital Income?17. Alan J. Auerbach (1983), ‘Taxation, Corporate Financial Policy and the Cost of Capital’18. Joseph E. Stiglitz (1976), ‘The Corporation Tax’19. Christophe Chamley (1986), ‘Optimal Taxation of Capital Income in General Equilibrium with Infinite Lives’B.Investment20. Robert E. Hall and Dale W. Jorgenson (1967), ‘Tax Policy and Investment Behavior’21. Robin W. Boadway (1987), ‘The Theory and Measurement of Effective Tax Rates’22. Alan J. Auerbach and Kevin Hassett (1992), ‘Tax Policy and Business Fixed Investment in the United States’C.Financial Structure23. George R. Zodrow (1991), ‘On the “Traditional” and “New” Views of Dividend Taxation’24. B. Douglas Bernheim (1991), ‘Tax Policy and the Dividend Puzzle’25. Raj Chetty and Emmanuel Saez (2005), ‘Dividend Taxes and Corporate Behavior: Evidence from the 2003 Dividend Tax Cut’26. Jeffrey K. MacKie-Mason (1990), ‘Do Taxes Affect Corporate Financing Decisions?’27. William M. Gentry (1994), ‘Taxes, Financial Decisions and Organizational Form: Evidence from Publicly Traded Partnerships’