.S. industries. The Mutual Production Model developed in Gravelle and Kotlikoff (1989) can be used to study the efficiency gains from … study the steady state efficiency gains associated with the new law. While we do not simulate the economy's transition path … our model's economy's present value of consumption. This efficiency gain reflects the Tax Reform's reduction in corporate …

-level productivity. We also examine whether M&As increase efficiency through reallocation of production to more efficient plants or …

result in cost savings of $5.7 billion in 2011 and that the gain in economic efficiency from more closely aligning bus fares …

This paper analyzes the timing, pace and efficiency of the on- going job reallocation that results from product and … policies can restore economic efficiency …

heavily regulated. It also makes predictions, both across activities and across jurisdictions, for the efficiency of …

. Conventional wisdom, relying on various incarnations of the Harberger model, suggests rather small efficiency effects from these … changes in corporate tax wedges. But the Harberger models appear to understate greatly the efficiency effects of changes in … efficiency gain from the Tax Reform Act. The model predicts that the new law reduced excess burden by at least $31 billion and …

the net effects on efficiency of each of these changes in capital income taxation. Under the new view that dividend taxes … generate improvements in efficiency. Under the old view that dividend taxes are important, however, these changes all increase … efficiency for a wide range of values for other parameters in the model …

This paper presents a new simulation methodology for determining the pure efficiency gains from tax reform along the … very large efficiency cost …

This paper builds a single model that can be used to show efficiency and distributional effects of eight different … approaches can be designed to have the same efficiency effects, even while they have different distributional effects. For … efficiency, enforcement capabilities, and political feasibility). The paper ends with a discussion of likely trade-offs among …