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Atkinson-Stiglitz and Ramsey Reconciled: Pareto Efficient Taxation and Pricing under a Break-Even Constraint

Cremer, Helmuth; Gahvari, Firouz - CESifo - 2013

The Ramsey tax problem examines the design of linear commodity taxes to collect a given tax revenue. This approach has … commodity taxes redundant. In the meantime, the Ramsey setting has had a second life as model of regulatory pricing. Boiteux … the different products (equivalent to taxes). While the scope of regulation has declined, Ramsey-Boiteux pricing continues …

Persistent link: https://www.econbiz.de/10010877674

Indirect Taxes for Redistribution: Should Necessity Goods be Favored?

Boadway, Robin; Pestieau, Pierre - CESifo - 2011

Atkinson and Stiglitz show that with weakly separability, differential commodity taxes are unnecessary given an optimal nonlinear income tax. Deaton showed that with an optimal linear progressive income tax, commodity taxes are superfluous under weakly separable and linear Engel curves. Using...

Persistent link: https://www.econbiz.de/10009368565

On the Desirability of Taxing Capital Income to Reduce Moral Hazard in Social Insurance

Jacobs, Bas; Schindler, Dirk - CESifo - 2009

This paper analyzes optimal linear taxes on labor income and savings in a standard two-period life-cycle model with endogenous leisure demands in both periods and non-insurable income risks. Households are subject to skill shocks in both periods of the life-cycle. We allow for completely general...

Persistent link: https://www.econbiz.de/10008583702

Tax Policy and Employment : How Does the Swedish System Fare?

Pirttila, Jukka - 2011

This paper reviews the literature on optimal taxation of labour income and the empirical work on labour supply and the elasticity of taxable income in Sweden. It also presents an overview of Swedish taxation of labour income, offers calculations on the development in effective marginal tax rates...

Persistent link: https://www.econbiz.de/10013129860

Commodity Tax Structure Under Uncertainty in a Perfectly Competitive Market

Goerke, Laszlo - 2011

In a partial equilibrium setting without price uncertainty, the balanced-budget substitution of an ad valorem tax on output for a specific (unit) tax can enhance welfare in imperfectly competitive markets and is without impact in a competitive world. This paper demonstrates that a substitution...

Persistent link: https://www.econbiz.de/10013130099

Strategic Nonlinear Income Tax Competition with Perfect Labor Mobility

Bierbrauer, Felix J. - 2011

Tax competition between two governments who choose nonlinear income tax schedules to maximize the average utility of its residents when skills are unobservable and labor is perfectly mobile is examined. We show that there are no Nash equilibria in which there is a skill type that pays positive...

Persistent link: https://www.econbiz.de/10013130417

Shall We Keep the Highly Skilled at Home? The Optimal Income Tax Perspective

Simula, Laurent - 2011

We examine how allowing individuals to emigrate to pay lower taxes abroad changes the optimal non-linear income tax scheme in a Mirrleesian economy. An individual emigrates if his domestic utility is less than his utility abroad net of migration costs, utilities and costs both depending on...

Persistent link: https://www.econbiz.de/10013130418

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

One-Sided Private Provision of Public Goods with Implicit Lindahl Pricing

Meier, Volker - 2011

We consider a sequential game in which one player produces a public good and the other player can influence this decision by making an unconditional transfer. An efficient allocation requires the Lindahl property: the sum of the two (implicit) individual prices has to be equal to the resource...

Persistent link: https://www.econbiz.de/10013131546

Political Competition and Mirrleesian Income Taxation : A First Pass

Bierbrauer, Felix J. - 2011

We study Downsian competition in a Mirrleesian model of income taxation. The competing politicians may differ in competence. If politicians engage in vote-share maximization, the less competent politician's policy proposals are attractive to the minority of rich agents, whereas those of the...

Persistent link: https://www.econbiz.de/10013131548

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