Showing 1 - 8 of 8
Whether observed differences in redistributive policies across countries are the result ofdifferences in social preferences or efficiency constraints is an important question that pavesthe debate about the optimality of welfare regimes. To shed new light on this question, weestimate labor supply...
Persistent link: https://www.econbiz.de/10009360552
By inverting Saez (2002)’s model of optimal income taxation, we characterize theredistributive preferences of the Irish government between 1987 and 2005. The (marginal)social welfare function revealed by this approach is consistently comparable over time andshow great stability despite...
Persistent link: https://www.econbiz.de/10009360576
Using counterfactual microsimulations, Shapley decompositions of time change in inequalityand poverty indices make it … of poverty would have increased under the firstNew Labour government, had important reforms like the extensions of income … support andtax credits not been implemented. These reforms have also contributed to substantiallyreduce poverty among families …
Persistent link: https://www.econbiz.de/10009360626
bank accounts is notsignificantly associated with the reduction in below poverty line population across states ….Providing banking services to maximum number of people is unsuccessful as a povertyreduction strategy. As a poverty reduction strategy …
Persistent link: https://www.econbiz.de/10009360643
We characterize how public insurance schemes are constrained by hidden financialtransactions. When non-exclusive private insurance entails increasing unit transaction costs,public transfers are only partly offset by hidden private transactions, and can influenceconsumption allocation. We show...
Persistent link: https://www.econbiz.de/10009360579
This paper characterizes optimal income taxation when individuals respond along both theintensive and extensive margins. Individuals are heterogeneous across two dimensions:specifically, their skill and disutility of participation. Preferences over consumption and workeffort can differ with...
Persistent link: https://www.econbiz.de/10009360598
This paper concerns optimal redistributive income taxation and provision of a public inputgood in a two-type model with a minimum wage policy implemented for the low-ability type,where firms may outsource part of the production process abroad, and where outsourcing issubstitutable for domestic...
Persistent link: https://www.econbiz.de/10009360634
Income mobility is often thought to equalize permanent incomes and thereby to improvesocial welfare. The welfare analysis of mobility often fails, however, to account for the cost ofthe variability of periodic incomes around permanent incomes. This paper assesses the netwelfare benefit of...
Persistent link: https://www.econbiz.de/10009360515