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Inequality and Happiness: When Perceived Social Mobility and Economic Reality do not Match
Bjørnskov, Christian; Dreher, Axel; Fischer, Justina A.V. - CESifo - 2010
of utility, and lower preferred levels of income redistribution. In societies with a low level of actual social mobility …
Persistent link: https://www.econbiz.de/10008671705
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Tax Incentives and Business Investment: Evidence from German Bonus Depreciation
Eichfelder, Sebastian; Schneider, Kerstin - CESifo - 2014
In this paper, we use an exogenous variation in tax regulations to analyze the impact of bonus depreciation programs on business investment. To promote economic convergence of Eastern and Western Germany after reunification, bonus depreciation tax incentives were granted for investments in...
Persistent link: https://www.econbiz.de/10010775097
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Biased Perceptions of Income Inequality and Redistribution
Engelhardt, Carina; Wagener, Andreas - CESifo - 2014
and the extent of redistribution in democratic regimes – though such a link does not exist when objective measures of …
Persistent link: https://www.econbiz.de/10010877656
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Strategic Choices for Redistribution and the Veil of Ignorance: Theory and Experimental Evidence
Gerber, Anke; Nicklisch, Andreas; Voigt, Stefan - CESifo - 2013
We provide experimental evidence on the emergence of redistributive societies. Individuals first vote on redistribution … the time when they choose a distribution rule and find that there is more redistribution behind a veil of ignorance than … under full information. However, the scope of redistribution is less sensitive towards the degree of uncertainty than …
Persistent link: https://www.econbiz.de/10010877661
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Top Incomes, Rising Inequality, and Welfare
Lansing, Kevin J.; Markiewicz, Agnieszka - CESifo - 2012
This paper develops a general-equilibrium model of skill-biased technological change that approximates the observed shifts in the shares of wage and non-wage income going to the top decile of U.S. households since 1980. Under realistic assumptions, we find that all agents can benefit from the...
Persistent link: https://www.econbiz.de/10010877730
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Normative Analysis with Societal Constraints
Boadway, Robin; Martineau, Nicolas-Guillaume - CESifo - 2013
This paper examines the question of achieving a societal consensus around redistributive policies. Its extent is measured by the degree of work participation among the different skill classes that populate the economy. This consensus is driven both by the material incentives and heterogeneous...
Persistent link: https://www.econbiz.de/10010877788
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Deserving Poor and the Desirability of Minimum Wage Rules
Blumkin, Tomer; Danziger, Leif - CESifo - 2014
In this paper we provide a novel justification for the use of minimum wage rules to supplement the optimal tax-and-transfer system. We demonstrate that if labor supply decisions are concentrated along the intensive margin and employment is efficiently rationed, a minimum wage rule can be...
Persistent link: https://www.econbiz.de/10010877848
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Political Institutions and Income (Re-)Distribution: Evidence from Developed Economies
Feld, Lars P.; Schnellenbach, Jan - CESifo - 2013
. Fiscal competition is associated with less income redistribution and a less equal distribution of disposable incomes, but …
Persistent link: https://www.econbiz.de/10010877914
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Human Capital Mobility: Implications for Efficiency, Income Distribution, and Policy
Wildasin, David E. - CESifo - 2014
Mobility of highly-skilled workers affects and is affected by labor market conditions, taxes, and other policies. This paper documents the demographic and fiscal importance of international migration, especially in aging societies, reviews the efficiency and distributional effects of mobility,...
Persistent link: https://www.econbiz.de/10010877955
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Centralized Fiscal Spending by Supranational Unions
Simon, Jenny; Valasek, Justin Mattias - CESifo - 2013
occurs since bargaining power is endogenous, and generically causes inefficiency. Interestingly, redistribution arises …
Persistent link: https://www.econbiz.de/10010877969