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components using yearly UK data covering 1977-2018. We examine cash and in-kind benefits, and direct and indirect taxes. In … benefits are largely associated with cyclical changes in average benefit rates. In contrast, trends in the redistributive … effects of direct and indirect taxes are mostly associated with changes in progressivity. For in-kind benefits, changes in the …
Persistent link: https://www.econbiz.de/10012882395
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 …
Persistent link: https://www.econbiz.de/10012425654
also scrutinizes how governments affect EOp through the design of their tax and transfer schemes. Our overall results …-Saxon countries. For Eastern Europe, our results are less definite. Looking at the impact of the tax and benefit schemes in the EU, it … can be concluded that both taxes and transfers reduce inequality of opportunities, with social benefits typically playing …
Persistent link: https://www.econbiz.de/10010278769
Does parental wealth inequality impact next generation labor income inequality? And does a tax on parental wealth …. The estimated hypothetical wage distribution without the wealth tax is more unequal. Moreover, suggestive evidence …
Persistent link: https://www.econbiz.de/10012657880
inequality is thought to increase demand for government income redistribution in democracies and to discourage democratization … not the actual level - correlates strongly with demand for redistribution and reported conflict between rich and poor. We …
Persistent link: https://www.econbiz.de/10011307312
This paper presents the properties of optimal piecewise linear tax systems for two-earner households, based on joint …
Persistent link: https://www.econbiz.de/10010328732
tax response increases with comparison, but, surprisingly, dominates the comparison effect and reduces individual labour …
Persistent link: https://www.econbiz.de/10012059198
microsimulation software, EUROMOD, linked to EU-SILC survey data. Automatic stabilisation effects, particularly through benefits, are … and how well tax-benefit systems redistribute. We examine how the distribution of income in the EU countries which were … inequality, changes in discretionary tax-benefit policy and automatic stabilisation effects. We implement this approach using the …
Persistent link: https://www.econbiz.de/10011873443
. The robot tax exploits general-equilibrium effects to compress the wage distribution. Wage compression reduces income-tax … distortions of labor supply, thereby raising welfare. In the calibrated model, the optimal robot tax for the US is positive and … generates small welfare gains. As the price of robots falls, inequality rises but the robot tax and its welfare impact become …
Persistent link: https://www.econbiz.de/10011932067
comparative) impact of mobility and of the tax system (another presumed income equalizer) on the dynamics of income across time … and on the inequality of income across individuals. Using panel data, we find that Canada's tax system limits …, often amounting to around 30 percent of mean income. For all choices of parameter values, the tax effect exceeds by far the …
Persistent link: https://www.econbiz.de/10010278751