Similar Search Results

Brett, Craig - 2011

This article explores the use of workfare as part of an optimal tax mix when labor supply responses are along the extensive margin. Particular attention is paid to the interaction between workfare and an earned income tax credit, two policies that are designed to provide additional incentives...

Persistent link: https://www.econbiz.de/10013124395

Optimal Redistribution in the Presence of Signaling

Bastani, Spencer; Blumḳin, Tomer; Micheletto, Luca - 2021

We analyze optimal redistribution in the presence of labor market signaling where innate productive ability is not only … desirability of redistribution through wage compression …

Persistent link: https://www.econbiz.de/10013217555

Optimal Income Taxation Under Monopolistic Competition

Tarasov, Alexander; Zubrickas, Robertas - 2021

This paper is concerned with cross-dependencies between endogenous market structure and tax policy. We extend the Mirrlees (1971) model of income taxation with a monopolistic competition framework with general additively separable consumer preferences. We show that price and variety distortions...

Persistent link: https://www.econbiz.de/10013211731

Optimal Redistributive Wealth Taxation When Wealth is More than Just Capital

Franks, Max - 2020

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

Redistributive Income Taxation with Directed Technical Change

Löbbing, Jonas - 2021

What are the implications of (endogenous) directed technical change for the design of redistributive income taxes? I study this question in a Mirrleesian economy augmented to include endogenous technology development and adoption choices by firms. Under certain conditions, any progressive tax...

Persistent link: https://www.econbiz.de/10013314849

Redistributive Capital Taxation Revisited

Kina, Ã–zlem; Slavik, Ctirad; Yazici, Hakki - 2021

transition following the optimal reform in the capital-skill complementarity model, implying substantial indirect redistribution … from skilled to unskilled workers. These results show that a government that cares about redistribution should take into …

Persistent link: https://www.econbiz.de/10013315178

Optimal Redistributive Tax and Education Policies in General Equilibrium

Jacobs, Bas - 2021

contributes to redistribution. Simulations show that the top rate and marginal education subsidies are close to zero for a wide …

Persistent link: https://www.econbiz.de/10013316658

Economic Integration and Redistributive Taxation : A Simple Model with Ambiguous Results

Haufler, Andreas; Klemm, Alexander; Schjelderup, Guttorm - 2021

The rise in foreign direct investment and the increasing activity of multinational firms expose national corporate tax bases to cross-country profit shifting, but also lead to rising profitability of the corporate sector. We incorporate these two effects of economic integration into a simple...

Persistent link: https://www.econbiz.de/10013317321

Social Exclusion and Optimal Redistribution

Aronsson, Thomas; Bastani, Spencer; Tayibov, Khayyam - 2021

We integrate social exclusion, operationalized in terms of long-term unemployment, into the theory of optimal …, in conjunction with optimal income taxation, contributes to redistribution and reduced long-term unemployment. The second … varies with the government’s preferences for redistribution and the characteristics of those risking long-term unemployment …

Persistent link: https://www.econbiz.de/10013312073

The Social Cost of Carbon and the Ramsey Rule

Withagen, Cees - 2019

The objective of this paper is to critically assess the use of simple rules for the social cost of carbon (SCC) that employ a rudimentary form of the Ramsey Rule. Two interrelated caveats apply. First, if climate change poses a serious problem, it is hard to justify an exogenous constant growth...

Persistent link: https://www.econbiz.de/10012892228