Reforming Taxes to Promote Economic Growth (2005)
Lazear, Edward P., Poterba, James M
Edward Lazear and James Poterba, both members of the President's Advisory Panel on Federal Tax Reform, explain the need for tax reform, and how the Panel's proposals are geared to bring about higher...
Reforming Taxes to Promote Economic Growth (2005)
Lazear, Edward P., Poterba, James M
Edward Lazear and James Poterba, both members of the President's Advisory Panel on Federal Tax Reform, explain the need for tax reform, and how the Panel's proposals are geared to bring about higher...
Government intervention in the markets for education and health care : how and why? / (1994)
50 p. ;
Steven D. Levitt: 2003 John Bates Clark Medalist
Steve's Clark Medal citation mentions his path-breaking contributions to the economics of crime and to the political economy of campaign finance. This paper describes Steve's research in each of...
A Skeptic's View of Global Budget Caps.
This brief paper explores the likely effects of government-imposed global budget caps, such as those in the Clinton administration proposal, on health care spending. It argues that health reform...
Comparing the cost of capital in the United States and Japan: a survey of methods
Capital ; Japan ; Corporations - Finance
Tax reform and the housing market in the late 1980s: who knew what, and when did they know it?
Construction industry ; Housing ; Tax Reform Act of 1986
A Tax-Based Test for Nominal Rigidities.
Poterba, James M, Rotemberg, Julio J, Summers, Lawrence H
In classical macroeconomic models with flexible wages and prices, whether a tax is levied on producers or consumers does not affect itsultimate incidence. If wages or prices are rigid in the short...
Victor R. Fuchs, Alan B. Krueger, James M. Poterba
Specialists in labor economics and public economics at 40 leading research universities provided opinions of policy proposals, quantitative best estimates and 95-percent confidence intervals for...
Stock Market Wealth and Consumption
This paper explores the link between changes in the aggregate value of corporate stock and changes in consumer spending. It presents data on the distribution of corporate stock ownership based on the...
How Retirement Saving Programs Increase Saving.
Poterba, James M, Venti, Steven F, Wise, David A
This paper summarizes the authors work on the effect of IRA and 401(k) contributions on net personal saving. They consider many different nonparametric approaches to controlling for heterogeneity in...
In Honor of Lawrence H. Summers, Winner of the John Bates Clark Medal.
This paper summarizes the research contributions of Lawrence Summers, who was awarded the 1993 John Bates Clark Medal by the American Economic Association. It focuses on research in four subfields of...
Money, Output, and Prices: Evidence from a New Monetary Aggregate.
Rotemberg, Julio J, Driscoll, John C, Poterba, James M
This paper derives a new utility-based monetary aggregate, the currency-equivalent aggregate. It equals the stock of currency that would be required for households to obtain the liquidity services...
Impact of population aging on financial markets in developed countries
The impact of population aging on asset prices is a topic that has attracted tremendous interest, both in academic research and even more so in the popular press. It is not too hard to understand...
Income Tax Provisions Affecting Owner-Occupied Housing: Revenue Costs and Incentive Effects
James M. Poterba, Todd M. Sinai
The mortgage interest deduction, the property tax deduction, the unique treatment of capital gains on owner-occupied homes, and the absence of taxation on imputed rent from owner-occupied homes all...