This paper investigates how the level and progressivity of personal income taxes shape entrepreneurial activity in the United States, contributing empirical evidence, theoretical intuition, and a …
PublishedJournal of Monetary EconomicsOnline 1 Apr 2026Published Apr 2026
This paper studies the design of monetary policy in a multi-sector small open economy with domestic input-output linkages and cross-border production networks, under nominal price rigidities in …