Showing 1 - 10 of 89
inequality increases, this bias may eventually overtake the egoistic demand for greater taxation and equilibrium redistribution … data on inequality, redistribution, work values and attitudes toward work and toward the poor for a set of OECD countries. … and the social contract in a model of rational voting over redistribution where individual self-esteem and relative es …
Persistent link: https://www.econbiz.de/10010547222
a model of rational voting over redistribution where individual attitudes toward others are endogenously determined …. Attitudes toward others influence the desired extent of redistribution. There are multiple politico-economic equilibria. In one … majority vote for high redistribution. In the other equilibrium, highly skilled workers work above the mean and are admired by …
Persistent link: https://www.econbiz.de/10010547329
Although economic inequality has long been viewed as a cause of civil conflict, existing research has not found robust … empirical support for this relationship. This study explores the connections between inequality and civil conflict by focusing … data set with country- and group-level measures of inequality within and across ethnic groups. We then show that consistent …
Persistent link: https://www.econbiz.de/10010851402
We study the social, demographic and economic origins of social security. The data for the U.S. and for a cross section of countries suggest that urbanization and industrialization are associated with the rise of social insurance. We describe an OLG model in which demographics, technology, and...
Persistent link: https://www.econbiz.de/10010851493
This paper computes the optimal progressivity of the income tax code in a dynamic general equilibrium model with household heterogeneity in which uninsurable labor productivity risk gives rise to a nontrivial income and wealth distribution. A progressive tax system serves as a partial substitute...
Persistent link: https://www.econbiz.de/10010547108
This paper examines the role of work as an incentive device in income maintenance programs in different informational environments. To that end, we make both the income generating ability and the disutility of labor of individuals unobservable, and compare the resulting benefit schedules with...
Persistent link: https://www.econbiz.de/10010547166
In this paper we show that the generational accounting framework used in macroeconomics to measure tax incidence can, in some cases, yield inaccurate measurements of the tax burden across age cohorts. This result is very important for policy evaluation, because it shows that the selection of tax...
Persistent link: https://www.econbiz.de/10010547340
We construct and calibrate a general equilibrium business cycle model with unemployment and precautionary saving. We compute the cost of business cycles and locate the optimum in a set of simple cyclical fiscal policies. Our economy exhibits productivity shocks, giving firms an incentive to hire...
Persistent link: https://www.econbiz.de/10010547417
We analyze the role of optimal income taxation across different local labor markets. Should labor in large cities be taxed differently than in small cities? We find that a planner who needs to raise revenue and is constrained by free mobility of labor across cities does not choose equal taxes...
Persistent link: https://www.econbiz.de/10011123589
and the size of government. The main results are that inequality is negatively related to the size of government and to …
Persistent link: https://www.econbiz.de/10010547210