This paper characterizes the optimal taxation of top earners in a world with externalities. It takes a reduced-form approach that spans a broad class of models where top earners create externalities ...

The president of Canada’s largest federal public sector union says she’s “disappointed” in the government for again moving a large surplus out of the Public Service Pension Fund into a central bank ...

Roughly a year after a spat between the federal government and Canada’s largest public sector union over a $1.9-billion pension surplus, the government is poised to move another surplus of around $900 ...

The current account posted a $100 million surplus in November, which may change the trend of deficits in previous months of the current fiscal year. However, data provided by the State Bank of ...

Simply sign up to the Chinese economy myFT Digest -- delivered directly to your inbox. The writer is a professor at Cornell, senior fellow at Brookings and author of the forthcoming ‘The Doom Loop: ...