Showing 1 - 10 of 1,940
, jurisdictions are subject to fiscal incentives to expand this land use. Fiscal redistribution through equalization grants, however …
Persistent link: https://www.econbiz.de/10013237220
metric for optimal carbon prices. Previous literature shows that inequality significantly influences the level of the social … cost of carbon, but mostly neglects a major source of inequality - heterogeneity in income below the national level. We … inequality between and within countries. In particular, we demonstrate that climate and distributional policy cannot be separated …
Persistent link: https://www.econbiz.de/10012870643
this return inequality? I study capital taxation in an economy in which return rates endogenously correlate with wealth … conventional wisdom, rather than calling for more redistribution, the presence of this scale dependence provides a rationale for … lower marginal tax rates. The endogeneity of returns generates an inequality multiplier effect between wealth and its …
Persistent link: https://www.econbiz.de/10013233147
influence preferences for redistribution and public policies. We consider both cross-country and individual level evidence on … are significantly larger. This effect is driven by women becoming systematically more favorable to redistribution, while … redistribution among left-leaning citizens, while this difference is significant among moderates in the expected direction …
Persistent link: https://www.econbiz.de/10013235114
We examine in how far people’s experiences of income inequality affect their preferences for redistribution. We use … several large nationally representative datasets to provide evidence that people who have experienced more inequality while … growing up are less in favor of redistribution, after controlling for income, demographics, unemployment experiences and …
Persistent link: https://www.econbiz.de/10011584950
ties), pension systems act as a flat safety net entailing a large within-cohort redistribution, and viceversa in societies …
Persistent link: https://www.econbiz.de/10010274843
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
This paper examines effects of political ideology of a governing party on fiscal outcomes, using data from eight Central and Eastern European countries in the 2001-2017 period. The analysis shows that there is a statistically significant effect of conservative governments on fiscal variables,...
Persistent link: https://www.econbiz.de/10012844215
We evaluate Germany’s temporary value-added tax (VAT) rate reduction as a tool to stimulate consumer spending during the Covid-19 pandemic using a comparative case study approach. We construct a credible counterfactual for Germany in a two-step procedure. First, we carry out a careful...
Persistent link: https://www.econbiz.de/10014356603
We employ a new macro-epidemiological agent based model to evaluate the “lives vs livelihoods” trade-off brought to the fore by Covid-19. The disease spreads across the networks of agents’ social and economic contacts and feeds back on the economic dimension of the model through various...
Persistent link: https://www.econbiz.de/10013314800