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We solve the non-linear income tax program for a rank-dependent social welfare function à la Yaari, expressing the trade-off between size and inequality using the Gini or related families of positional indices. The key idea is that when agents optimize and absent bunching, ranks in the actual...
Persistent link: https://www.econbiz.de/10012839709
We show how normative standpoints determine optimal taxation of wealth. Since wealth is not equal to capital, we find very different welfare implications of land rent-, bequest- and capital taxation. It is mainly land rents that should be taxed. We develop an overlapping generations model with...
Persistent link: https://www.econbiz.de/10012841621
We propose and axiomatically characterize a family of welfare criteria that prioritize individuals making larger sacrifices. By combining efficiency with a concern for equality of sacrifice, our criteria avoid serious shortcomings of utilitarianism. We illustrate our results within the...
Persistent link: https://www.econbiz.de/10012824737
We consider optimal non-linear income tax problems when the social welfare function only depends on ranks as in Yaari (1987) and weights agree with the Lorenz quasi-ordering. Gini, S-Gini, and a class putting more emphasis on inequality in the upper part of the distribution belong to this set....
Persistent link: https://www.econbiz.de/10012827661
This paper examines the measurement of social welfare, poverty and inequality taking into account reference … differences between standard poverty and inequality measures based on observed income and measures that are calculated based on …
Persistent link: https://www.econbiz.de/10010291490
poverty regularly. This paper develops an economically intuitive and inexpensive methodology to do so in the absence of …
Persistent link: https://www.econbiz.de/10012752460
incidence analysis suggests that increased spending on social assistance enhances the probability of moving out of poverty and … reduces the probability of moving into poverty. However, double difference estimates (based on a mimicked randomized … household welfare or reduce poverty. Double difference estimates point to a negative impact on welfare. Parametric estimates do …
Persistent link: https://www.econbiz.de/10014216917
The aim of this paper is to assess the possible impacts of the Doha Round of negotiations on poverty in Cameroon …. During the recent period of economic recovery, Cameroon has enjoyed a sharp decline in poverty with the headcount index … model which involves 10,992 households in order to address this question. The Doha Round is found to be poverty reducing for …
Persistent link: https://www.econbiz.de/10014062992