expectations, a structural labor demand model, and a tax-benefit microsimulation model. Our findings show that as of September 2020 …. However, the tax benefit system and discretionary policy responses to the crisis act as important income stabilizers, since …

-level approach. We combine a microsimulation model with labour market transition techniques to simulate the COVID-19 shock on the …

optimal tax formulas, optimal schedular income tax rates additionally depend on cross-elasticities between tax bases capturing … and the taxation of couples. For these applications, we calculate income type-specific optimal tax rates for Germany using … rich panel data from administrative tax records. We first estimate income-type specific elasticities with respect to the …

fiscal point of view. In this context we discuss the cushioning effect of the tax-benefit system and the conditions under …

-sufficiency of the ETI, namely tax deductions. Building on a theoretical framework which incorporates deductions in a standard … optimal-tax model, we show that the ETI is not sufficient for welfare analysis if (i) deductions generate externalities and if … (ii) deductions are responsive to tax-rate changes. While the first condition should arguably hold true for the majority …

their expected pension payments. Using German tax return data, we exploit an age discontinuity to identify the effect of … these letters on the behavior of individuals. We find an increase in tax-deductible private retirement savings and provide …

We analyze how the combined effect of automatic stabilizers and discretionary changes in tax-benefit systems have …-factual simulation. Discretionary fiscal policy supported the effects of automatic stabilizers in the years 2008 and 2009 but then became … much more restrictive. For the Euro zone as a whole, the share of income shocks absorbed by the tax and transfer system …

There is clear evidence that fairness plays a role in redistribution. Individuals want to compensate others for their … misfortune, while they allow them to enjoy the fruits of their effort. This paper introduces fairness in a tax-benefit scheme … family composition, the degree of control is positive, i.e. it can be changed by exerting effort. We derive the fair tax …

shed new light on this question, we estimate labor supply elasticities on microdata and adopt an inverted optimal tax …

true amount of IOp might lead to too little redistribution. This paper is the first to suggest an upper bound estimator. We …