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A Simple Two-Country Model of Redistributive Capital Income Taxation.
Lopez, S.; Marchand, M.; Pestieau, P. - Center for Operations Research and Econometrics (CORE), … - 1996
This paper presents a simple two-country model with mobile capital and immobile labour, in which there are two classes of individuals, the workers and the capital owners. A source-based tax on capital income is used to finance transfers to workers. If the two countries are homogeneous in all...
Persistent link: https://www.econbiz.de/10005669235
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Optimal taxation in the presence of a congested public good and an application to transport policy
MUNK, Knud J. - Center for Operations Research and Econometrics (CORE), … - 2011
In this paper we demonstrate that even if policies prior to reform have been rational, it is possible, in fact in certain policy areas likely, that a green tax reform, contrary to the perceived wisdom among economists, will be associated with a double-dividend, i.e. with both environmental and...
Persistent link: https://www.econbiz.de/10010610445
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Capital Income Taxation when Inherited Wealth is not Observable.
Cremer, H.; Pestieau, P.; Rochet, J.-C. - Center for Operations Research and Econometrics (CORE), … - 2001
unobservable characteristics: productive ability and inherited wealth.Bequests are motivated by the "joy of giving". …
Persistent link: https://www.econbiz.de/10005634230
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Why are some taxes "more equal than others"?
RUBINCHICK-PESSACH, Anna - Center for Operations Research and Econometrics (CORE), … - 2002
This paper examines efficiency rationales behind uniformity of taxation for public projects. Let a benevolent risk neutral 'constitutional designer' to set an optimal cost-sharing rule for a legislature operating under majority rule. Then the designer will choose 'more equal taxes' for a country...
Persistent link: https://www.econbiz.de/10005042968
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Fiscal Competition and the Pattern of Public Spending.
Keen, M.; Marchand, M. - Center for Operations Research and Econometrics (CORE), … - 1996
Much attention has been given to the impact of fiscal competition on the level of public expenditure, but relatively little to the impact on its composition. Using a broadly familiar and reasonably rich model of fiscal competition in the presence of mobile capital, this paper establishes a...
Persistent link: https://www.econbiz.de/10005669290
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Towards a theory of the direct-indirect tax mix
BOADWAY, Robin; MARCHAND, Maurice; PESTIEAU, Pierre - Center for Operations Research and Econometrics (CORE), … - 1992
Despite the fact that all developed economies levy broadly-based indirect taxes alongside direct taxes, little theory …
Persistent link: https://www.econbiz.de/10005043033
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Redistribution with unobservable bequests: a case for taxing capital income
BOADWAY, Robin; MARCHAND, Maurice; PESTIEAU, Pierre - Center for Operations Research and Econometrics (CORE), … - 1997
is to indirectly tax inherited wealth. …
Persistent link: https://www.econbiz.de/10005043486
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Optimal Income Taxation: an Ordinal Approach.
Fleurbaey, M.; Maniquet, F. - Center for Operations Research and Econometrics (CORE), … - 1998
In a model where agents have unequal production skills and different preferences, we build social welfare functions which rely only on ordinal non-comparable information on individual preferences. Social welfare functions are required to satisfy properties of compensation for inequalities in...
Persistent link: https://www.econbiz.de/10005669316
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The economics of wealth transfer tax
CREMER, Helmuth; PESTIEAU, Pierre - Center for Operations Research and Econometrics (CORE), … - 2010
This paper discusses the merits of wealth transfer taxation on both efficiency and equity grounds. It first deals with … many, types of wealth transfer tax. After addressing the main issues prevailing in this debate and discussing the lack of … popular support for such tax, the paper adopts a more theoretical approach to explore the pluses and the minuses of a wealth …
Persistent link: https://www.econbiz.de/10008642216
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The spenders-hoarders theory of capital accumulation, wealth distribution and fiscal policy
PESTIEAU, Pierre; THIBAULT, Emmanuel - Center for Operations Research and Econometrics (CORE), … - 2007
accumulation and wealth distribution, and yields some new and surprising conclusions about fiscal policy. By considering a society … in which individuals are distinguished according to two characteristics, altruism and wealth preference, we show that … for wealth. Two types of social segmentation can result with different wealth distribution. To a large extent our results …
Persistent link: https://www.econbiz.de/10005043608