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Fiscal policy in a growth model with bequest-as-consumption
MICHEL, Philippe; PESTIEAU, Pierre - Center for Operations Research and Econometrics (CORE), … - 2001
This paper analyses a growth model wherein saving results from bequestas-consumption. It first looks at the market equilibrium and at the optimal solution. Then it turns to the issue of decentralizing the optimal solution with various taxes and transfers. Depending on the available instruments,...
Persistent link: https://www.econbiz.de/10005008268
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Long term care: the state, the market and the family
PESTIEAU, Pierre; SATO, Motohiro - Center for Operations Research and Econometrics (CORE), … - 2004
In this paper we study the optimal design of a long term care policy in a setting that includes three types of care to dependent parents: public nursing homes, financial assistance by children and assistance in time by children. The instruments are public nursing homes and subsidies to aiding...
Persistent link: https://www.econbiz.de/10005008292
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Fiscal Policy when Individuals Differ Regarding to Altruism and Labor Supply.
Michel, P.; Pestieau, P. - Center for Operations Research and Econometrics (CORE), … - 1998
This paper studies the incidence of tax-transfer policy in a growth model wherein individuals differ according to their level of intergenerational altruism and have an endogenous labor supply. The main results is that public debt is neutral at the macro level but redistributes resources from...
Persistent link: https://www.econbiz.de/10005478905
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Fiscal Policy in a Growth Model with Bequest-as-Consumption.
Michel, P.; Pestieau, P. - Center for Operations Research and Econometrics (CORE), … - 2001
This paper analyses a growth model wherein saving results from bequest-as-consumption. It first looks at the market equilibrium and at the optimal solution. Then it turns to the issue of decentralizing the optimal solution with various taxes and transfers. Depending on the available instruments,...
Persistent link: https://www.econbiz.de/10005669223
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Echelles d'équivalence du temps de travail: évaluation de l'impôt sur le revenu en Belgique à la lumière de l'éthique de la responsabilité
Maniquet, François; Neumann, Dirk - Center for Operations Research and Econometrics (CORE), … - 2014
Nous proposons une méthode pour évaluer la capacité des systèmes de taxation du revenu de diminuer la pauvreté, lorsque celle-ci est définie en cohérence avec une notion de niveau de vie issue de l’éthique de la responsabilité. Selon cette éthique, toutes les inégalités ne sont pas...
Persistent link: https://www.econbiz.de/10011246310
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Family policies : what does the standard endogenous fertility model tell us ?
BAUDIN, Thomas - Center for Operations Research and Econometrics (CORE), … - 2010
education and to tax births. Second, when the Social Welfare Function does not consist of the average utility, the social … negative. In this case, the optimal economic policy consists in subsidizing births and taxing education. Finally, when the …
Persistent link: https://www.econbiz.de/10008836161
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The effects of economic integration on the provision of mandatory education as a redistributive policy
DEL REY CANTELI, Elena - Center for Operations Research and Econometrics (CORE), … - 1998
The aim of this paper is to investigate the implications of increased student mobility on the level of education … provision of mandatory education can be welfare improving when an optimal linear income tax exists. Compared to the autarchic … optimal provision level, mandatory education will be underprovided in both countries at the symmetrical Nash equilibrium. …
Persistent link: https://www.econbiz.de/10005065345
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The Role of Education Supply in Economic Growth and the Dynamics of Skills.
Barthelemy, V.; Michel, P. - Center for Operations Research and Econometrics (CORE), … - 1999
. With a lack of cresit market for education and the presence of indivisibilities in investment in human capital as well as …
Persistent link: https://www.econbiz.de/10005634079
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Pareto improving price regulation when the asset market is incomplete
HERINGS, Jean-Jacques; POLEMARCHAKIS, Heracles - Center for Operations Research and Econometrics (CORE), … - 1998
The asset market is incomplete. Fix-price equilibria exist. Price regulation Pareto improves on a competitive allocation.
Persistent link: https://www.econbiz.de/10005065356
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The taxation of trades in assets
CITANNA, Alessandro; POLEMARCHAKIS, Herakles M.; … - Center for Operations Research and Econometrics (CORE), … - 2001
When the asset market is incomplete, there typically exist taxes on trades in assets and a redistribution of revenue in the asset market that are Pareto improving. The policy is anonymous, it economizes on complexity, and it results in ex post Pareto optimal allocations; it is publicly announced...
Persistent link: https://www.econbiz.de/10005065462