The Toulouse Lectures in Economics2

  • The New Dynamic Public Finance The New Dynamic Public Finance Narayana R. Kocherlakota

    Optimal tax design attempts to resolve a well-known trade-off: namely, that high taxes are bad insofar as they discourage people from working, but good to the degree that, by redistributing wealth, they help insure people against...
  • Auctions Auctions: Theory and Practice Paul Klemperer

    Governments use them to sell everything from oilfields to pollution permits, and to privatize companies; consumers rely on them to buy baseball tickets and hotel rooms, and economic theorists employ them to explain booms and busts....