Executive Summary Introduction The Consumer Price Index (CPI) is a measure of the change in prices in a typical consumers basket. The elderly tend to consume a different bundle of goods compared to the typical consumer. The Bureau of Labor Statistics (BLS) has introduced an experimental CPI, labeled CPI-E, to determine the relative importance of bundles for … Continue reading
Executive Summary Introduction The Organization for Economic Co-operation and Development (OECD) proposed a two-pillar international taxation agreement aimed at taxing digital companies and reducing profit shifting. Pillar two aims to create a minimum international corporate tax of 15% on multinational companies that bring in revenue of over €750m a year ($810 million). This tax can … Continue reading
Executive Summary Introduction The Orginisation for Economic Co-operation and Development (OECD) has proposed and revised an international tax agreement that contains two pillars. Pillar one aims to reallocate taxation of digital multinational companies and multinational companies with intangible assets. Pillar two aims to impose a minimum global tax on multi-national companies, while preventing double taxation. … Continue reading
On January 30th, 2016 President Donald Trump, ten days settled into his new Pennsylvania Avenue home, exclaimed during a meeting with small business owners, “Dodd-Frank is a disaster. We’re going to be doing a big number on Dodd-Frank.” The extensive financial reform law put in place by Democrats has been scorned by Republicans since its … Continue reading
One fundamental principle of financial markets is the relationship between risk and return. This tenet is reflected in the Capital Asset Pricing Model (CAPM), the workhorse of security pricing, where the return required by investors is measured by adding the risk free rate (such as a treasury bond) to a market risk premium, adjusted for … Continue reading
Figure 1. States position on Medicaid Expansion under the ACA. Via: The Advisory Board Company To expand, or not to expand Medicaid, that is the question. Why are some states skeptical about Medicaid expansion and making the assumption that the “plan is [too] costly?” If the states expand their Medicaid program, they would receive federal … Continue reading
Policy Interns 