expenditures in education, health, and infrastructure on economic growth, poverty, and income distribution in the past 20 years …The Peruvian economy has exhibited remarkable growth in the past 20 years. Good tax and monetary policies, along with …

Tax expenditures are generally defined as those government expenditures carried out through tax legislation …, regulations, and practices that reduce or defer taxes for some taxpayers. There is a general concern that the tax expenditures … negatively affect the budget and tax policies, which in turn affect the transparency, efficiency, and equality of the fiscal …

inheritance taxes, spending on education, health and public infrastructure, and better government effectiveness. At the height of …

, changes in the average personal income tax rate have mostly short-term effects. An estimated endogenous productivity model …Using a narrative identification of US tax changes over the post-WWII period, we show that corporate income tax cuts … foster R&D spending and innovation, leading to a persistent increase in aggregate productivity and output. In contrast …