Dynamic Scoring: A Back-of-the-Envelope Guide

Matthew C. Weinzierl; N. Gregory  Mankiw

Abstract

This paper uses the neoclassical growth model to examine the extent to which a tax cut pays for itself through higher economic growth. The model yields simple expressions for the steady-state feedback effect of a tax cut. The feedback is surprisingly large: for standard parameter values, half of a capital tax cut is self-financing. The paper considers various generalizations of the basic model, including elastic labor supply, general production technologies, departures from infinite horizons, and non-neoclassical production settings. It also examines how the steady-state results are modified when one considers the transition path to the steady state.

Citation:

Weinzierl, Matthew C., and N. Gregory Mankiw. "Dynamic Scoring: A Back-of-the-Envelope Guide." Journal of Public Economics 90, no. 8 (September 2006): 1415–1433.

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Case | HBS Case Collection | February 2014 (Revised October 2019)

Should Corporate Profits Be Taxed? (A)

Matthew Weinzierl, Katrina Flanagan and Michael Cianellli

Taxing corporations is popular, but why? Corporations do not bear the burden of taxes, people do, and the incidence of the corporate income tax burden is likely to be far different from what many of its supporters assume.
Instructors may also obtain a Teaching Note, written by this case's author, that provides suggestions for using this case effectively in the classroom.

Keywords: Economic versus statutory incidence; Basics of corporate taxation; Business Ventures; Taxation; Profit;

Citation:
Weinzierl, Matthew, Katrina Flanagan, and Michael Cianellli. "Should Corporate Profits Be Taxed? (A)." Harvard Business School Case 714-033, February 2014. (Revised October 2019.) View Details

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Supplement | HBS Case Collection | October 2019

Should Corporate Profits Be Taxed? (B)

Matthew C. Weinzierl and Michael Cianelli

Citation:
Weinzierl, Matthew C., and Michael Cianelli. "Should Corporate Profits Be Taxed? (B)." Harvard Business School Supplement 720-015, October 2019. View Details

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Case | HBS Case Collection | February 2015 (Revised August 2019)

Equality of Opportunity and Outcome in the U.S.

Matthew Weinzierl and Alastair Su

Equality of opportunity is endorsed universally even though, or more likely because, it can mean such different things to different people. What definition of equality of opportunity ought to figure into policy decisions? How close, or far, is the United States from providing equal opportunity?
Instructors may also obtain a Teaching Note, written by this case's author, that provides suggestions for using this case effectively in the classroom.

Keywords: equality of opportunity; justice; Opportunities; Equality and Inequality; Policy; United States;

Citation:
Weinzierl, Matthew, and Alastair Su. "Equality of Opportunity and Outcome in the U.S." Harvard Business School Case 715-028, February 2015. (Revised August 2019.) View Details

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Dynamic Scoring: A Back-of-the-Envelope Guide

Abstract

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