This paper derives two alternative candidates for the adjustment of the corporation tax base for the proper treatment of inventory capital. Conditions are presented when the Canadian and the Nordic tax base adjustments eliminate the efficiency losses due to inflation and the corporation tax. The...

How do high wage countries stay rich in a global digital economy? How Revolutionary was the Digital Revolution constructs a framework for analyzing the international digital era: one that examines the ability of political actors to innovate and experiment in spite of, or perhaps because of, the...