Narrow search
Showing 1 - 10 of 2,900
Cover Image
Tax Effects, Search Unemployment, and the Choice of Educational Type
Alstadsæter, Annette; Kolm, Ann-Sofie; Larsen, Birthe - 2021
educational type with high consumption value and low effort costs. This increases the skill mismatch and aggregate unemployment in …
Persistent link: https://www.econbiz.de/10013318060
Cover Image
How Should Capital Be Taxed? Theory and Evidence from Sweden
Bastani, Spencer - 2018
This paper presents a comprehensive analysis of the role of capital taxation in advanced economies with a focus on the Swedish experience. We synthesize the existing theoretical literature, present facts about the capital stock and its distribution, review current capital tax practices and...
Persistent link: https://www.econbiz.de/10012916564
Cover Image
The Welfare Gains of Age Related Optimal Income Taxation
Bastani, Spencer - 2010
Using a calibrated overlapping generations model we quantify the welfare gains of an age dependent income tax. Agents face uncertainty regarding future abilities and can by saving transfer consumption across periods. The welfare gain of switching from an age-independent to an age-dependent...
Persistent link: https://www.econbiz.de/10013136607
Cover Image
Optimal Income Taxation with Uncertain Earnings : A Synthesis
Boadway, Robin - 2011
We study optimal nonlinear income taxation when earnings can differ because of both ability and luck, so the income tax has both a redistributive role and an insurance role. A substantial literature on optimal redistribution in the absence of uncertainty has evolved since Mirrlees' original...
Persistent link: https://www.econbiz.de/10013117794
Cover Image
Income Taxation, Tuition Subsidies, and Choice of Occupation : Implications for Production Efficiency
Bjertnæs, Geir H. - 2006
The desirability for production efficiency is re-examined in this study, where agents choose occupation based on lifetime income net of tuition costs. Efficient revenue raising implies that the government should trade off efficiency in production for efficiency in intertemporal consumption, as...
Persistent link: https://www.econbiz.de/10012783359
Cover Image
Optimal Redistribution and Monitoring of Labor Effort
Zoutman, Floris - 2014
This paper extends the Mirrlees (1971) model of optimal non-linear income taxation with a monitoring technology that allows the government to verify labor effort at a positive, but non-infinite cost. Monitored individuals receive a penalty, which increases if individuals earn a lower income...
Persistent link: https://www.econbiz.de/10013057256
Cover Image
Optimal Taxation, Income Inequality and the Household
Apps, Patricia F. - 2016
This paper analyses optimal piecewise linear tax systems for two-earner households, based on joint and individual incomes respectively. It models the interaction between wage rates and variation in child care prices and productivities as determinants of across-household heterogeneity in second...
Persistent link: https://www.econbiz.de/10012993113
Cover Image
Marginal Deadweight Loss When the Income Tax is Nonlinear
Blomquist, Soren - 2010
Almost all theoretical work on how to calculate the marginal deadweight loss has been done for linear taxes and for variations in linear budget constraints. This is quite surprising since most income tax systems are nonlinear, generating nonlinear budget constraints. Instead of developing the...
Persistent link: https://www.econbiz.de/10013143343
Cover Image
Optimal Redistributive Taxation with Both Labor Supply and Labor Demand Responses
Jacquet, Laurence - 2012
This paper characterizes the optimal redistributive tax schedule in a matching unemployment framework where (voluntary …) nonparticipation and (involuntary) unemployment are endogenous. The optimal employment tax rate is given by an inverse employment …. For plausible values of the parameters, our matching environment induces much lower employment tax rates than the usual …
Persistent link: https://www.econbiz.de/10013108042
Cover Image
Optimal Redistributive Taxation with Both Extensive and Intensive Responses
Jacquet, Laurence - 2011
We derive a general optimal income tax formula when individuals respond along both the intensive and extensive margins and when income effects can prevail. Individuals are heterogeneous across two dimensions: their skill and their disutility of participation. Preferences over consumption and...
Persistent link: https://www.econbiz.de/10013131346