This paper is mainly concerned with weighted average measures of the social discount rate, where the components of the average are the marginal productivity of investment (measured by its gross-of-tax rate of return), and the marginal rate of time preference (measured by the net-of-tax yield of...

This study explores the relationship between education and wages in Mexico. It contributes to our understanding of the structure of wages, helping explain individuals’ choices concerning education level. First, we estimate the age-earnings functions for each level of education. Then, taking...

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This review of thinking about corporation income tax incidence will take us through several steps—the traditional trichotomy, the general equilibrium revolt against it, the open economy revolution, and some smoke–and–mirrors issues. Finally, it will take special aim at corporation tax...