|Date||Lecture||Textbook and required readings||Additional Material||Tutorial (R1-2, SS1071)|
Rosen chaps. 1-3
Practice problems on taxation
Tutorial on mathematical methods (background, not required)
|September 18||Tax avoidance and excess burden||Rosen chap. 15
*Feldstein (JPE, 1995)
|Is this what I sound like?
|September 25||Tax incidence||
Rosen chap. 14; Gruber chap. 19
|October 2||Income distribution I||Rosen chap. 17-17; Gruber chap. 17-18||
What important problem with UBI does this discussion ignore?
|October 9||Taxation and income distribution II||
Gruber chap. 18
*Saez and Veall, 2005, "The Evolution of High Incomes in Northern America: Lessons from Canadian Evidence"
P. Diamond and E. Saez, 2011, "The case for a progressive tax: From basic research to policy recommendations".
One percent of the U of T professors says 50 percent of the
stupid things -- which is also not what "Pareto distribution"
Find two mathematical errors in Jordan Peterson's lecture. What is his moral argument here and how does he use pseudo-mathematics to advance his case?
|Take up PS1|
|October 16||Externalities||*Gilbert E. Metcalf, "Market-Based Policy Options to Control U.S. Greenhouse Gas Emissions," JEP, 2009.||
Dale Beugin and Chris Ragan,
The real costs and benefits of
carbon pricing, MacLean's, Apr 30, 2018
|October 23||Midterm exam|
|October 30||Long-run fiscal policy||
*L.J. Kotlikoff, 2010, A Hidden Fiscal Crisis FINANCE & DEVELOPMENT, September 2010, Vol. 47, No. 3
sustainability in major economies".
D. Bernheim, 1989, "A neoclassical perspective on budget deficits," JEP.
|Take up midterm|
|November 6||Fall break|
|November 13||Class debates||Extra session for class debates - all should attend! ----->||class debates|
|November 20||Business and capital taxation||*G. Zucman, 2014, "Taxing across Borders: Tracking Personal Wealth and Corporate Profits," JEP 28, 121-148.|
|November 27||Taxation of saving and risk|
|December 4||Public-sector enterprises||*Frischmann and Hogendorn, 2015, "The marginal cost controversy," Journal of Economic Perspectives 29, 193-206.||
Problem set #3
Sample final exam
|Take up problem set/exam prep|