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There is clear evidence that fairness plays a role in redistribution. Individuals want tocompensate others for their misfortune, while they allow them to enjoy the fruits of their effort.Such fairness considerations have been introduced in political economy and optimal incometax models with a...
Persistent link: https://www.econbiz.de/10009360559
This paper investigates to what extent the tax and transfer systems in Europe protecthouseholds at different income levels against losses in current income caused by economicdownturns like the present financial crisis. We use a multi country micro simulation model toanalyse how shocks on market...
Persistent link: https://www.econbiz.de/10009360592
How do different components of the tax and transfer systems affect disposable incomeinequality? This paper explores the redistributive effects of different tax benefit instruments inthe enlarged EU based on two approaches. Inequality analysis based on the standardapproach suggests that benefits...
Persistent link: https://www.econbiz.de/10009360619