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rise in inequality will lead to more redistribution. This paper shows that, for the UK in the period 1983-2004, a plausibly … exogenous rise in income inequality has not been associated with increased redistribution. We then explore this further using … attitudinal data. We show that the demand for redistribution, having shown considerable variation over time, is at an all-time low …
Persistent link: https://www.econbiz.de/10010744970
redistributive effects of taxation and public spending in the UK. Redistribution is not at the top of people’s minds when they … of ‘fairness’ and ‘mutuality’ to the structures of taxation and public spending. Fairness in taxation may involve more … progressivity than the current system, and those with low incomes may need more help. The support this implies for the …
Persistent link: https://www.econbiz.de/10011125896
context of public attitudes to inequality and different forms of redistribution. It compares the distributional effects of the …This paper takes as its starting point Henry Neuburger's injunction that taxation must be seen as a contribution to the … public attitudes. However, delays between Budget announcements and implementation meant that inequality and relative poverty …
Persistent link: https://www.econbiz.de/10011126453
This paper contributes to the burgeoning research on inequality and top incomes around the globe by presenting the …
Persistent link: https://www.econbiz.de/10011126320
Commodity taxes have three distinct roles: (1) revenue collection, (2) interpersonal redistribution, and (3) resource …, which leads to the 'generalised Ramsey rule' for optimum taxation. We show how many standard results on optimum taxation and …
Persistent link: https://www.econbiz.de/10010884666
The paper studies credible information transmission by governments. A group of heterogenous individuals have to make private investment and labour supply decisions while relying on the government for information about investment returns. The government consists of an elected citizen who chooses...
Persistent link: https://www.econbiz.de/10010928656
In this article I argue that the extent to which fiscal variables are capitalized into house prices has important economic implications. I synthesize an emerging literature that explores the conditions under which public and private investments and intergovernmental transfers are capitalized...
Persistent link: https://www.econbiz.de/10011272169
Public provision of private goods such as education is usually viewed as a form of redistribution in kind. However …, does it arise when income redistribution is feasible as well? In this paper I analyse a two-dimensional model of political … decision making. Society has to choose both the tax rate and the allocation of the revenues between income redistribution and …
Persistent link: https://www.econbiz.de/10010744923
Lack of access to finance is often cited as a key reason why poor people remain poor. This paper uses data on the Indian rural branch expansion program to provide empirial evidence on this issue. Between 1977 and 1990, the Indian Central Bank mandated that a commercial bank can open a branch in...
Persistent link: https://www.econbiz.de/10010745415
; redistribution of resources and nurturing communitarian values. …
Persistent link: https://www.econbiz.de/10010686665