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Pareto-Improving Structural Reforms
Saint-Paul, Gilles - 2019
Economists recommend to partly redistribute gains to losers from a structural reform, which in many cases may be required for making the reform politically viable. However, taxation is distortionary. Then, it is unclear that compensatory transfers can support a Pareto-improving reform. This...
Persistent link: https://www.econbiz.de/10012892197
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Pareto-Efficient Tax Deductions
Koehne, Sebastian - 2019
expenditures. An immediate implication is a recipe for designing Pareto-improving tax reforms. We apply our theory to housekeeping …
Persistent link: https://www.econbiz.de/10012866074
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Pareto-Improving Reforms of Tax Deductions
Koehne, Sebastian - 2019
. We apply our theory and simulate a Pareto-improving reform that introduces deductions for non-care household services …
Persistent link: https://www.econbiz.de/10012861395
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Pareto-Improving Reforms of Tax Deductions
Koehne, Sebastian - 2020
. We apply our theory and simulate a Pareto-improving reform that introduces deductions for non-care household services …
Persistent link: https://www.econbiz.de/10012828804
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Pareto-Improving Minimum Corporate Taxation
Hebous, Shafik; Keen, Michael - 2022
–—are critical for assessing the design and welfare impact of, and prospects for, this fundamental policy innovation. Analysis and …
Persistent link: https://www.econbiz.de/10013296266
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Evaluating Climate Policies by the Pareto Principle : Efficiency When Future Identities are Unobservable
Asheim, Geir B.; Kamaga, Kohei; Zuber, Stéphane - 2022
Climate change is an externality since those who emit greenhouse gases do not pay the long-term negative consequences of their emissions. In view of the resulting inefficiency, it has been claimed that climate policies can be evaluated by the Pareto principle. However, climate policies lead to...
Persistent link: https://www.econbiz.de/10013300870
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The Dynamics of Pareto Distributed Wealth in a Small Open Economy
Birkner, Matthias; Scheuer, Niklas; Wälde, Klaus - 2021
We study a small open economy displaying Pareto-distributed wealth resulting from random death. The government runs a distribution scheme on inheritance. We present the mathematical background that allows to study the dynamics of means. We end up with ordinary differential equations for the mean...
Persistent link: https://www.econbiz.de/10013228863
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The Intensive Margin in Trade
Fernandes, Ana M. - 2019
. We then study the implications of our findings for quantitative trade theory. Using likelihood methods and the EDD, we …, and use exact hat algebra to quantify the counterfactual effects of a decline in trade costs on trade flows and welfare in …. We find that the effects on welfare turn out to be quite close to those in the standard Melitz-Pareto model even though …
Persistent link: https://www.econbiz.de/10012890632
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The Bonus-Income Donation Norm
Drouvelis, Michalis - 2019
Can social norms affect fundamental patterns of behavior such as income effects? Studies of determinants of giving to charities and other individuals yield a wide range of income-effect estimates. We conduct two experiments to first test whether the effect of income on charitable giving depends...
Persistent link: https://www.econbiz.de/10012858205
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Cross-Dynastic Intergenerational Altruism
Nesje, Frikk - 2022
are concerned about the next generation as such, then they might assign welfare weights on other dynasties. With such … cross-dynastic intergenerational altruism, saving for one’s descendants benefits present members of other dynasties. These …
Persistent link: https://www.econbiz.de/10013296272