The purpose of this Grand Challenge is to accelerate the development of new economic data for the resolution of policy issues involving long-term growth. Significant examples include public and private provision for retirement income and the outlook for health care expenditures and public...

This paper presents a comprehensive treatment of the cost-of-capital approach for analyzing the economic impact of tax policy. This approach has provided an intellectual impetus for reforms of capital income taxation in the United States and around the world. The most dramatic example is the Tax...