Narrow search
Showing 1 - 10 of 188
Cover Image
Empirical Estimates for Environmental Policy Making in a Second- Best Setting
West, Sarah E.; III, Roberton C. Williams - EconWPA - 2004
This study estimates parameters necessary to calculate the optimal second-best gasoline tax, most notably the cross-price elasticity between gasoline and leisure. Prior work indicates that in a second-best setting with distortionary income taxes, both the cost of environmental regulation and the...
Persistent link: https://www.econbiz.de/10005125883
Cover Image
Allocating Risks in a Domestic Greenhouse Gas Trading System
Kerr, Suzi - EconWPA - 2003
As tradeable permit programmes mature, two inter-related issues are becoming more critical in creating viable responses to a long-term, highly uncertain environmental problem such as climate change. First, we need to update policies in response to new information; and second, we need to design...
Persistent link: https://www.econbiz.de/10005407778
Cover Image
Environmental Taxes and Economic Welfare: The Welfare Cost of Gasoline Taxation in the U.S. 1959-1999
Kim, Seung-Rae - EconWPA - 2002
The purpose of this paper is to provide reasonable estimates for the welfare cost of environmental tax reform in the U.S. economy. Unlike most previous studies that empirically evaluate the deadweight cost of taxation, the model employed here considers explicitly the joint allocation of leisure...
Persistent link: https://www.econbiz.de/10005556916
Cover Image
Optimal Environmental Regulation in the Presence of Other Taxes: A Generalized Second-Best Rule
Kim, Seung-Rae - EconWPA - 2002
This paper is intended as a step toward the development of theoretically founded and operational environmental taxation formula in a second-best world. Recent studies find that environmental taxes typically exacerbate pre-existing tax distortions and, therefore, the optimal pollution tax should...
Persistent link: https://www.econbiz.de/10005560960
Cover Image
THE AUTOMATED PAYMENT TRANSACTION (APT) TAX: A proposal to the President's Advisory Panel on Federal Tax Reform
Feige, Edgar L. - EconWPA - 2005
I propose the replacement of our current system of individual and corporate income, sales, excise, capital gains, import and export duties, gift and estate taxes with a single comprehensive “revenue neutral” Automated Payment Transaction (APT) tax. The APT tax consists of a flat rate tax...
Persistent link: https://www.econbiz.de/10005560970
Cover Image
Labor Mobility and Income Tax Competition
Piaser, Gwenael - EconWPA - 2003
This paper provides a model of nonlinear income taxation in a context of international mobility. We consider two identical countries, in which each government chooses non-cooperatively redistributive taxes. It is shown that when skilled workers can move at low cost, the income taxation does not...
Persistent link: https://www.econbiz.de/10005561003
Cover Image
Optimal Dynamic Nonlinear Income Taxes with No Commitment
Berliant, Marcus; Ledyard, John - EconWPA - 2004
We wish to study optimal dynamic nonlinear income taxes. Do real world taxes share some of their features? What policy prescriptions can be made? We study a two period model, where the consumers and government each have separate budget constraints in the two periods, so income cannot be...
Persistent link: https://www.econbiz.de/10005076610
Cover Image
Marginal commodity tax reforms: a survey
Santoro, Alessandro - EconWPA - 2005
We summarize the main features and results of the literature on marginal commodity tax reforms as initiated by Ahmad and Stern (1984) and developed further by Yitzhaki and Thirsk (1990). We establish new links with other fields of research, namely the literature on the use of equivalence scales...
Persistent link: https://www.econbiz.de/10005412459
Cover Image
The effect of inequality on growth: Theory and evidence from the Indian states
Ghosh, Sugata; Pal, Sarmistha - EconWPA - 2003
This paper examines the effect of inequality on growth among the sub- national states in India. Theoretically, growth … obtain an ambiguous relationship between initial inequality and subsequent economic growth. Analysis of the Indian state …-level data suggests that rural inequality influences growth of total output more than urban inequality, and does so, negatively …
Persistent link: https://www.econbiz.de/10005118699
Cover Image
The Political Economy of Redistribution Under Asymmetric Information
Dhami, Sanjit - EconWPA - 2001
"inter term tax variability" (political budget cycles) during the tenure of a politician. The effect of inequality on the …
Persistent link: https://www.econbiz.de/10005407535