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Optimal Wage Redistribution in the Presence of Adverse Selection in the Labor Market

Bastani, Spencer; Blumkin, Tomer; Micheletto, Luca - CESifo - 2014

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/10010888445

Optimal Redistributive Pensions and the Cost of Self-Control

St-Amant, Pier-André Bouchard; Garon, Jean-Denis - CESifo - 2014

of a public pension system: the contribution rate and its degree of redistribution. The pension regime affects …

Persistent link: https://www.econbiz.de/10010888451

When a Price is Enough: Implementation in Optimal Tax Design

Renes, Sander; Zoutman, Floris - CESifo - 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...

Persistent link: https://www.econbiz.de/10010948830

The Tradeoff Between Redistribution and Effort: Evidence from the Field and from the Lab

Buch, Claudia M.; Engel, Christoph - CESifo - 2012

Building on a theoretical model we test the hypothesis that effort choices and preferences for redistribution are … preferences for redistribution and effort choices simultaneously. While respondents with stronger preferences for redistribution … redistribution choices even increase in imposed effort. Those with higher ability are willing to help the needy if earning income …

Persistent link: https://www.econbiz.de/10010547897

Fair and Efficient Taxation under Partial Control: Theory and Evidence

Ooghe, Erwin; Peichl, Andreas - CESifo - 2011

There is clear evidence that fairness plays a role in redistribution. Individuals want to compensate others for their …

Persistent link: https://www.econbiz.de/10009221559

Tax-Benefit Systems in Europe and the US: Between Equity and Efficiency

Bargain, Olivier; Dolls, Mathias; Neumann, Dirk; … - CESifo - 2011

Whether observed differences in redistributive policies across countries are the result of differences in social preferences or efficiency constraints is an important question that paves the debate about the optimality of welfare regimes. To shed new light on this question, we estimate labor...

Persistent link: https://www.econbiz.de/10009228621

Knowledge is Power - A Theory of Information, Income, and Welfare Spending

Lind, Jo Thori; Rohner, Dominic - CESifo - 2011

No voters cast their votes based on perfect information, but better educated and richer voters are on average better informed than others. We develop a model where the voting mistakes resulting from low political knowledge reduce the weight of poor voters, and cause parties to choose political...

Persistent link: https://www.econbiz.de/10009324089

Monetary Policy and Redistribution: What can or cannot be Neutralized with Mirrleesian Taxes

Gahvari, Firouz; Micheletto, Luca - CESifo - 2012

This paper develops an overlapping-generations model with heterogeneous agents in terms of earning ability and cash-in-advance constraint. It shows that tax policy cannot fully replicate or neutralize the redistributive implications of monetary policy. While who gets the extra money becomes...

Persistent link: https://www.econbiz.de/10009645639

Competition for Migrants in a Federation: Tax or Transfer Competition?

Köthenbürger, Marko - CESifo - 2012

The paper provides an equilibrium analysis of how countries compete for migrants. The type of competition (tax or transfer competition) depends on whether the competing countries have similar policy preferences. With symmetric preferences, countries compete in taxes for migrants. With asymmetric...

Persistent link: https://www.econbiz.de/10009645653

Bounds of Unfair Inequality of Opportunity: Theory and Evidence for Germany and the US

Niehues, Judith; Peichl, Andreas - CESifo - 2012

true amount of IOp might lead to too little redistribution. This paper is the first to suggest an upper bound estimator. We …

Persistent link: https://www.econbiz.de/10010548565