Showing 1 - 10 of 271
The purpose of this paper is to introduce and adopt a generalised version of Roemer's (1998) Equality of Opportunity (EOp) framework, which we call extended EOp, for analysing second-best optimal income taxation. Unlike the pure EOp criterion of Roemer (1998) the extended EOp criterion allows...
Persistent link: https://www.econbiz.de/10003923608
This paper is intended to shed light on the extent of poverty in the Russian Federation. We present estimates of … poverty lines and poverty ratios derived from subjective questions used in a during data collection for a large household … panel (RUSSET). We estimate poverty using a subjective approach, where the level of the poverty line is derived using the …
Persistent link: https://www.econbiz.de/10011391770
This paper is concerned with the problem of ranking and quantifying the extent of deprivation exhibited by multidimensional distributions, where the multiple attributes in which an individual can be deprived are represented by dichotomized variables. To this end we first aggregate deprivation...
Persistent link: https://www.econbiz.de/10009545259
We analyze optimal taxation of labor and capital income in a life-cycle framework with idiosyncratic income risk. We provide a novel decomposition of labor income tax formulas into a redistribution and an insurance component. The latter is independent of the social welfare function and...
Persistent link: https://www.econbiz.de/10011283108
This paper revisits the standard model of labor supply under two additional assumptions: consumption requires time and some limited amount of work is enjoyable. Whereas introducing each assumption without the other one does not produce novel insights, combining them together does if the wage...
Persistent link: https://www.econbiz.de/10011607470
Incomplete information is a commitment device for time consistency problems. In the context of time consistent labor income taxation privacy can lead to a Pareto superior outcome and increases the effectiveness of public education as a second best policy.
Persistent link: https://www.econbiz.de/10011316909
A growing literature has tried to measure the extent to which individuals have equal opportunities to acquire income. At the same time, policy makers have doubled down on efforts to go beyond income when measuring well- being. We attempt to bridge these two areas by measuring the extent to which...
Persistent link: https://www.econbiz.de/10011716166
reducing the poverty rate by almost one percentage point more, a 75 percent increase over the survey estimate. …
Persistent link: https://www.econbiz.de/10011543927
constitutions reduce poverty? Second, does the strength of constitutional language of the economic and social rights matter … important results. First, we do not find an association between constitutional rights generally framed and poverty. Second, we … do not find an association between economic and social rights framed as directive principles and poverty. Third, we do …
Persistent link: https://www.econbiz.de/10010488146
from Bangladesh and Mexico, and use the model estimates to compute poverty rates for men, women, and children. Contrary to … existing poverty calculations that ignore either intra-household inequality or economies of scale in consumption, ours take …
Persistent link: https://www.econbiz.de/10012389002