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On the public economics of annuities with differential mortality
Bommier, Antoine; Leroux, Marie-Louise; Lozachmeur, … - 2010
This paper studies the problem of redistribution between individuals having different mortality rates. We use a …
Persistent link: https://www.econbiz.de/10008748215
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About capital and ideology by Thomas Piketty
Yun, JinHyo Joseph - In: Journal of open innovation : technology, market, and … 8 (2022) 2, pp. 1-15
This study reviews Thomas Piketty’s Capital and Ideology and provides a detailed analysis to aid understanding of the book, combined with diverse scholars’ perspectives in the fields of economic history, political economics, and social sciences. This book is selected as my review target to...
Persistent link: https://www.econbiz.de/10013266307
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Redistribution through income taxation and public utility pricing in the presence of energy efficiency considerations
Feger, Fabian; Radulescu, Doina - 2018
, the effectiveness of the electricity tariff as a redistribution device is questionable in the presence of a progressive … model predicts that electricity prices should be subsidised in the presence of purely income redistribution concerns, we … conservation as well as income redistribution. …
Persistent link: https://www.econbiz.de/10011892503
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Optimal random taxation and redistribution
Gauthier, Stéphane; Laroque, Guy - 2022
We assess the usefulness of stochastic redistribution among a continuum of risk-averse agents with quasilinear … circumstances where stochastic redistribution is socially dominated by the deterministic policy where after-tax income lotteries are …
Persistent link: https://www.econbiz.de/10013464907
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Asymmetric information in the market for IPOs
Rhodes, Heather - In: International journal of finance & banking studies : JJFBS 7 (2018) 3, pp. 1-19
Persistent link: https://www.econbiz.de/10011999456
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Optimal wage redistribution in the presence of adverse selection in the labor market
Bastani, Spencer; Blumḳin, Tomer; Micheletto, Luca - 2015
In this paper we allude to a novel role played by the non-linear income tax system in the presence of adverse selection in the labor market due to asymmetric information between workers and firms. We show that an appropriate choice of the tax schedule enables the government to affect the wage...
Persistent link: https://www.econbiz.de/10011289068
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When a price is enough : implementation in optimal tax design
Renes, Sander; Zoutman, Floris T. - 2014
This paper studies the design of tax systems that implement a planner's second-best allocation in a market economy. An example shows that the widely used Mirrleesian (1976) tax system cannot implement all incentive-compatible allocations. Hammond's (1979) "principle of taxation" proves that any...
Persistent link: https://www.econbiz.de/10010403177
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When a price is enough : implementation in optimal tax design
Renes, Sander; Zoutman, Floris T. - 2014
This paper studies the design of tax systems that implement a planner's second-best allocation in a market economy. An example shows that the widely used Mirrleesian (1976) tax system cannot implement all incentive-compatible allocations. Hammond's (1979) "principle of taxation" proves that any...
Persistent link: https://www.econbiz.de/10010412846
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Preferences for redistribution and perception of fairness : an experimental study
Durante, Ruben; Putterman, Louis G.; Weele, Joël J. van der - 2013
We conduct a laboratory experiment to study how demand for redistribution of income depends on self-interest, insurance … is affected by redistribution. We estimate utility weights for the different sources of demand for redistribution, with …
Persistent link: https://www.econbiz.de/10009781859
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Can the structure of inequality explain fiscal redistribution? : revisiting the social affinity hypothesis
Luebker, Malte - 2019
in fiscal redistribution across modern welfare states. Contrary to the assertion that there is robust evidence in support … than earnings) is positively associated with fiscal redistribution. In sum, revisiting an influential contribution to the … literature offers no support for the proposition that the structure of inequality has consequences for fiscal redistribution. …
Persistent link: https://www.econbiz.de/10012009239