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• Exercise | November 2018 (Revised March 2019)

  The Roots of Our Debates over Economic Policy: Preparatory Exercises

  Matthew Weinzierl

  Citation:

  Weinzierl, Matthew. "The Roots of Our Debates over Economic Policy: Preparatory Exercises." Harvard Business School Exercise 719-023, November 2018. (Revised March 2019.)  View Details

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• Case | HBS Case Collection | February 2019

  India: State Capacity and Unity in Diversity

  Alberto Cavallo, Matthew Weinzierl and Robert Scherf

  As 2018 drew to a close, India prepared to once again carry out the largest democratic exercise in human history, as in less than six months more than 850 million eligible voters would have the chance to choose their representatives to the Lok Sabha—the country’s lower house of parliament—and, thus, their country’s Prime Minister and cabinet.[i] The election would pit the ruling party—the Bharatiya Janata Party (Indian People’s Party, known as the BJP) led by Prime Minister Narendra Modi—against a collection of parties that included the once-dominant Indian National Congress party (Congress). The 2019 elections would serve as a referendum on Modi’s first term in office and, therefore, on a high stakes question: had India’s implausibly robust democracy produced the right leader for the right moment, or had it taken the wrong path?

  Keywords: Political Elections; Government and Politics; Public Opinion; India;

  Citation:

  Cavallo, Alberto, Matthew Weinzierl, and Robert Scherf. "India: State Capacity and Unity in Diversity." Harvard Business School Case 719-061, February 2019.  View Details

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• Working Paper | HBS Working Paper Series | 2019

  Understanding Different Approaches to Benefit-Based Taxation

  Robert Scherf and Matthew C. Weinzierl

  The normative principle of benefit-based taxation has exerted substantial influence on many areas of public finance, but it has been largely set aside in the modern theoretical approach to optimal income taxation, where welfarist objectives dominate. A prerequisite for that gap to close is the clarification of what benefit-based income taxation would mean, specifically in a first-best setting. This paper seeks to provide clear, accessible descriptions and novel graphical representations of four major approaches to first-best benefit-based taxation; explain how these approaches relate to each other; and apply them within the Classical Benefit-Based framework for optimal income taxation of Smith (1776).

  Keywords: benefit-based taxation; Taxation; Theory;

  Citation:

  Scherf, Robert, and Matthew C. Weinzierl. "Understanding Different Approaches to Benefit-Based Taxation." Harvard Business School Working Paper, No. 19-070, January 2019. (Revised March 2019.)  View Details

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