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This paper reconsiders the classical problem of majority voting over tax schedules, adding the possibility to avoid taxes. In this setting preferences over tax schedules are not determined by earned income, but rather by taxable income, which depends on the joint decisions of labor supply and...
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This paper examines the implications of income redistribution on human capital accumulation and income inequality … intellectual ability. It is shown that the impact of redistribution is ambiguous on the income distribution as well as on human … equity in low-tax societies, it may be highly detrimental in both respects if the rate of redistribution is already moderate …
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This paper studies studies two-party electoral competition in a setting where no policy is unbeatable. It is shown that if parties take turns in choosing platforms and observe each other's choises, altering one's platform so as to win is pointless since the other party never accepts an outcome...
Persistent link: https://www.econbiz.de/10001760551
, that increases in the rate of interregional redistribution need not generate neither reduced interregional inequality nor … particular, interregional redistribution seems most likely to be beneficial in terms of interregional and interpersonal equity as …. -- interregional redistribution ; welfare ; inequality …
Persistent link: https://www.econbiz.de/10001753219
Guided by a simple theory of task assignment and time allocation, we investigate the long run response to national … differences in tax rates on labor income, payrolls and consumption. The theory implies that higher tax rates reduce work time in …
Persistent link: https://www.econbiz.de/10002099742
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