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Time-Consistent Fiscal Policy Under Heterogeneity : Conflicting or Common Interests

Angelopoulos, Konstantinos - 2011

This paper studies the aggregate and distributional implications of Markov-perfect tax-spending policy in a neoclassical growth model with capitalists and workers. Focusing on the long run, our main findings are: (i) it is optimal for a benevolent government, which cares equally about its...

Persistent link: https://www.econbiz.de/10013125070

The Political Economy of Taxation : Power, Structure, Redistribution

Winer, Stanley L. - 2017

democracies; (2) the nature and determinants of modern tax structures; and (3) redistribution in pluralistic societies over …

Persistent link: https://www.econbiz.de/10012964375

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

Redistribution and Insurance with Simple Tax Instruments

Findeisen, Sebastian - 2015

provide a novel decomposition of labor income tax formulas into a redistribution and an insurance component. The latter is … capital tax is non-zero and trades off redistribution and insurance against savings distortions. Our quantitative results … bound on optimal taxes: even for welfare functions that do not value redistribution, marginal tax rates are positive for all …

Persistent link: https://www.econbiz.de/10013020515

Optimal Wage Redistribution in the Presence of Adverse Selection in the Labor Market

Bastani, Spencer - 2014

In this paper we allude to a novel role played by the non-linear income tax system in the presence of adverse selection in the labor market due to asymmetric information between workers and firms. We show that an appropriate choice of the tax schedule enables the government to affect the wage...

Persistent link: https://www.econbiz.de/10013047321

Optimal Redistributive Pensions and the Cost of Self-Control

St-Amant, Pier-Andre - 2014

of a public pension system: the contribution rate and its degree of redistribution. The pension regime affects …

Persistent link: https://www.econbiz.de/10013047322

Incorporating Affirmative Action into the Welfare State

Blumkin, Tomer; Margalioth, Yoram Y.; Sadka, Efraim - 2021

In this paper, we discuss a novel aspect of affirmative action policy. We examine its redistributive role, asking whether in an egalitarian society, supplementing the tax-transfer system with an affirmative action policy would enhance social welfare

Persistent link: https://www.econbiz.de/10013317031

Should Pollution Taxes Be Targeted at Income Redistribution?

Jacobs, Bas - 2017

This paper analyses optimal corrective taxation and optimal income redistribution. Under general utility functions, the …

Persistent link: https://www.econbiz.de/10012948330

Redistributive Income Taxation under Outsourcing and Foreign Direct Investment

Aronsson, Thomas - 2010

This paper deals with optimal income taxation under labor outsourcing and FDI. We show how the optimal income tax response to the joint effect of outsourcing and FDI depends on whether FDI is complementary with, or substitutable for, domestic labor

Persistent link: https://www.econbiz.de/10013143345

Monetary Policy with Diverse Private Expectations

Kurz, Mordecai - 2015

We study the impact of diverse beliefs on conduct of monetary policy. We use a New Keynesian Model solved with a quadratic approximation. Aggregation renders the belief distribution an aggregate state variable. Diverse expectations change standard results about a smooth trade-off between...

Persistent link: https://www.econbiz.de/10013024741

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