It’s Time to Eliminate the US Corporate Income Tax

by Laurence J. Kotlikoff, Voxeu.org Though taxing corporations may be a political no-brainer, it may be a big economic mistake. This column discusses recent research showing that the tax is not paid primarily by rich corporate shareholders. They can, and do, move their capital away from countries that have high corporate rates. Eliminating the US …

Nuclear Expansion or Phase Out?

Costs and Opportunities by Enrica De Cian, Samuel Carrara and Massimo Tavoni Appeared originally at Voxeu.org 22 December 2013 After the Fukushima incident in 2011, many countries decided to shrink their nuclear power programmes. This article presents recent research on the optimal role of nuclear power in reducing carbon emissions. Phasing out nuclear power would …

Keynes and the Europeans: Similarities of ICU and EMU

by Dirk Ehnts, Econoblog101 The International Clearing Union (also called Bancor plan) that Keynes proposed at the Bretton Woods conference has received some renewed interest over the years, culminating in the EMU’s macroeconomic imbalance procedure which is at least partly based on the ideas of Keynes. Countries with deficits higher than 4% of GDP or …

Hollowing Out and the Future of the Labour Market – the Myth

by Bob Butcher, Voxeu.org This article originally appeared at Voxeu.org 17 December 2013. The labour market ‘hollowing out’ thesis suggests that there are far fewer intermediate-level jobs and far more low- and high-level jobs than two or three decades ago, primarily due to technological advancement. This article reviews recent research that finds little evidence in …