National Tax Journal articles from June 2001

National Tax Journal archives from June 2001

Integrating expenditure and tax decisions: the marginal cost of funds and the marginal benefit of projects.(public finance)
June 1, 2001... In their classic textbook, Musgrave and Musgrave (1989) lament the disconnection between the expenditure and tax sides of public finance. One notable exception to this disconnection is the issue of to what extent an analysis of potential new...

Do local governments engage in strategic property-tax competition?
June 1, 2001... Despite widespread theoretical interest in tax competition and other types of fiscal interaction, the empirical literature in this area is sparse. The pioneering study is by Case, Rosen, and Hines (1993), who estimate an empirical model of...

School performance and housing values: using non-contiguous district and incorporation boundaries to identify school effects.(capitalization of public school quality)
June 1, 2001... An extensive body of research has established the importance of both housing characteristics and location in the determination of the market value of residential properties. More recent research has attempted to assess the extent to which the...

Competition and the cost of capital revisited: special authorities and underwriters in the market for tax-exempt hospital bonds.
June 1, 2001... This paper explores the effects of two kinds of competition on the cost of capital in the tax-exempt bond market: (1) competition among underwriters and (2) competition among issuers (mostly quasi-government special authorities). The first kind...

Using the EITC to help poor families: new evidence and a comparison with the minimum wage.(Earned Income Tax Credit)
June 1, 2001... The United States has in recent years relied on three types of policies to boost the incomes of poor families: the Earned Income Tax Credit (EITC), the minimum wage, and welfare. Although welfare provides the most immediate means of assisting...

Income responses to tax changes: evidence from the Norwegian tax reform.
June 1, 2001... The behavioral effects of changes in marginal tax rates is a core issue in public economics. The tax reforms of the last couple of decades provide an opportunity to obtain information on behavioral responses to tax changes by using the "natural...

The tax assignment problem: ruminations on how theory and practice depend on history.
June 1, 2001... INTRODUCTION One of the most important questions of intergovernmental fiscal relations is "who (which level of government) should tax what?"(1) This is sometimes called the "tax assignment problem." In this paper I reflect on how both the...

The confusing world of educational accountability.
June 1, 2001... INTRODUCTION Accountability has been a watchword in education for decades--for who could be against it? It has not been a reality, however, because accountability is threatening to many and because, even when desired, it is difficult to...

School-based educational accountability systems: the promise and the pitfalls.
June 1, 2001... INTRODUCTION Demands for more accountability and results-based incentive systems in K-12 education come from many directions and currently dominate much of the education policy discussion at both the state and the federal levels....

Will standards-based reforms improve the education of students of color?
June 1, 2001... INTRODUCTION Over the last decade almost every state government in the United States has embraced standards-based reforms as a strategy to improve the quality of public education. Although there is enormous variation among states in the...

Bidding for Business: The Efficacy of Local Economic Development Incentives in a Metropolitan Area.(Review)
June 1, 2001... Bidding for Business: The Efficacy of Local Economic Development Incentives in a Metropolitan Area. By JOHN E. ANDERSON and ROBERT W. WASSMER. Kalamazoo, MI: W.E. Upjohn Institute for Employment Research, 2000, Pp. xii, 245. INTRODUCTION...

Luxury Fever: Why Money Fails to Satisfy in an Era of Excess.
June 1, 2001... Luxury Fever. By ROBERT H. FRANK. Princeton, NJ: Princeton University Press, 1999, Pp. 326. Cultural anthropologists have supposedly concluded beyond doubt that Jesus Christ was Jewish because of three salient aspects of his life: he...