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Optimal Taxation with Consumption Time as a Leisure or Labor Substitute

Boadway, Robin; Gahvari, Firouz - Economics Department, Queen's University - 2006

This paper studies the optimal commodity taxation problem when time taken in consumption is a perfect substitute for either labor or leisure. It shows that while labor substitutability affects the optimal tax structure, leisure substitutability leaves the classical optimal tax results intact. In...

Persistent link: https://www.econbiz.de/10005688555

Optimal Commodity Taxation for Reduction of Envy

Nishimura, Yukihiro - Economics Department, Queen's University - 2000

This paper derives optimal commodity taxes in a two-class economy, based on Chaudhuri (1986) and Diamantaras and Thomson's (1990) λ-equitability. An allocation is λ-equitable if no agent envies a proportion λ of the bundle of any other agent. We examine the properties of Pareto undominated...

Persistent link: https://www.econbiz.de/10005490246

Optimal Tax Design and Enforcement with an Informal Sector

Boadway, Robin; Sato, Motohiro - Economics Department, Queen's University - 2008

An optimal commodity tax approach is taken to compare trade taxes and VATs when some commodities are produced informally. Trade taxes apply to all imports and exports, including intermediate goods while the VAT applies only to sales by the formal sector and imports. The VAT can achieve...

Persistent link: https://www.econbiz.de/10005787845

Why the Legal System is Not Necessarily Less Efficient than the Income Tax In Redistributing Income

Usher, Dan - Economics Department, Queen's University - 2011

A common, though by no means universally-accepted doctrine among practitioners of law and economics is that redistribution is no business of the law. This efficiency-only doctrine is not that redistribution is unworthy as a social objective, but that any given benefit to the poor is attainable...

Persistent link: https://www.econbiz.de/10005037437

A Theory of Gender Discrimination Based on the Household

Francois, Patrick - Economics Department, Queen's University - 1996

This paper presents a new theory of gender discrimination in competitive labour markets which does not rely on any inherent gender asymmetries. Women and men are organized into households with each having identical household specific human capital. When labour market characteristics (effort,...

Persistent link: https://www.econbiz.de/10005209138

A Dynamic Model of Trade Union Contract Duration

Bodman, Philip M.; Devereux, Michael B. - Economics Department, Queen's University - 1993

relatively little work on the determinants of contract length. This is unusual given that the duration of union contracts has … M. (1987). This paper reviews the existing literature on contract duration and presents a simple explanation of optimal … contract length for a wage setting trade union in a dynamic, uncertain environment. It is argued that optimal contract duration …

Persistent link: https://www.econbiz.de/10005688179

Market Conditions and Worker Training: How Does it Affect and Whom?

Majumdar, Sumon - Economics Department, Queen's University - 2006

the same sector. Evidence from the NLSY confirms both predictions --- the incidence and duration of company …

Persistent link: https://www.econbiz.de/10005653163

Envy Minimization in the Optimal Tax Context

Nishimura, Yukihiro - Economics Department, Queen's University - 2008

This paper examines the second-best tax policy to minimize envy in the sense of Chaudhuri (1986) and Diamantaras and Thomson (1990). An allocation is $\lambda$-equitable if no agent prefers a proportion $\lambda$ of any other agent's bundle. We study the allocations that maximize $\lambda$ among...

Persistent link: https://www.econbiz.de/10005209123

Two Sources of Bias in Estimating the Peak of the Laffer Curve

Usher, Dan - Economics Department, Queen's University - 2013

Important as it is for public policy, there is still no consensus about the size of the revenue-maximizing tax rate at the top of the Laffer curve. The purpose of this essay is not to supply a correct rate, but to identify difficulties in doing so. 1) Estimates of the revenue-maximizing tax rate...

Persistent link: https://www.econbiz.de/10010721568

Tax Analysis and Revenue Forecasting

Jenkins, Glenn; KUO, CHUN-YAN; SHUKLA, GANGADHAR - Economics Department, Queen's University - 2000

Tax analysis and forecasting of revenues are of critical importance to governments in ensuring stability in tax and expenditure policies. To augment timely and effective analysis of the revenue aspects of the fiscal policy, governments have increasingly turned toward in-house tax policy units...

Persistent link: https://www.econbiz.de/10005061471