This paper focuses on the design of a consumption tax in a world of capital risk. The certainty literature discusses two standard options, namely the cash flow method and the pre-payment method (ie, the wage tax), and finds the two approaches to be equivalent. Models that consider capital risk...

This paper analyses inequity in formal health care use in rural Bangladesh using data from a survey conducted of 4010 households drawn from 120 villages. We find that the use of formal health care is incredibly low (40 per cent); about two‐thirds of which is private health care, and only...

This paper analyzes the nexus among risk, deprivation and vulnerability that confront the rural poor in their daily life. It examines the nature of shocks, the consequent economic burden, and the coping mechanisms. It explains how shocks affect deprivation and vulnerability of households to...

The importance of capital loss offset provisions in a world of risk is well documented in the tax literature. However, the potential deadweight losses owing to imperfect offset has not been fully explored. This article develops a framework, whereby that investigation can be carried out, and uses...