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redistribution and a modest effect of two year led inequality …
Persistent link: https://www.econbiz.de/10014544770
redistribution and increase the amount of time they spend socializing with peers. In addition, we find some evidence of reallocative …, above and beyond effects coming from spending more time with peers, changing beliefs about redistribution, or changes in …
Persistent link: https://www.econbiz.de/10014486199
-acting force to the rapid increase in income inequality. Using a political-economy model where parties bargain over taxes and …
Persistent link: https://www.econbiz.de/10013210072
A key contention in economics is the discrepancy between micro and macro elasticities of labor supply with respect to marginal tax rates. We revisit this question, focusing on the role of dynamic returns to effort among top earners. We develop a new model of earnings responses to taxes in the...
Persistent link: https://www.econbiz.de/10014337783
We collect detailed data on U.S. state personal income, corporate, sales, cigarette, gasoline, and alcohol taxes over the past 70 years to shed light on the determinants of state tax policies. We provide a comprehensive summary of how tax policy has changed over time, within and across states....
Persistent link: https://www.econbiz.de/10014287368
Persistent link: https://www.econbiz.de/10000878182
income distribution and the redistribution tastes of the government. When behavioral responses are concentrated along the …
Persistent link: https://www.econbiz.de/10012471053
for participants in the Health and Retirement Study to investigate redistribution under the current social security … high lifetime earnings to those with low lifetime earnings. However, much of this apparent redistribution is from men to … the total lifetime earnings, and spouse and survivor benefits are taken into account, the extent of redistribution from …
Persistent link: https://www.econbiz.de/10012471172
This paper examines the extent of redistribution that would occur under various annuity and bequest options as part of … account balance. However, efforts to reduce the extent of redistribution generally do so at the cost of significantly lower …
Persistent link: https://www.econbiz.de/10012471215
How much does the current social security system really redistribute from rich to poor? We use the PSID to estimate lifetime wage profiles and actual earnings each year for a sample of 1778 individuals, and we use mortality probabilities to calculate expected payroll taxes and social security...
Persistent link: https://www.econbiz.de/10012471254