income redistribution and employment creation. In particular, the introduction of both a guaranteed annual income (basic … income) and an employment subsidy are examined, and these policies are compared to a straightforward tax cut for (unskilled …) labour. All initiatives are financed by a tax on capital. In the open-economy setting, capital is perfectly mobile, so there …

We show that the effectiveness of redistribution policy in stimulating the economy and improving welfare is directly … regime counteract the deflationary forces during the recession. Moreover, redistribution produces a Pareto improvement under …

growth enhancing tax and expenditure reform. We quantitatively illustrate that this reform based strategy, by … yet avoids increasing tax rates. With slow consolidation, marginal tax rates are reduced right from the beginning. …

-level approach. We combine a microsimulation model with labour market transition techniques to simulate the COVID-19 shock on the …

This paper uses a panel of personal income tax return data for the population of Thai tax filers to examine how … individuals respond to tax subsidy for long-term savings. We utilize the 2013 tax reform that lowered the price subsidy for long … policymakers who consider an incremental change in the existing tax incentive scheme. …

We present new evidence showing that fiscal austerity strengthens support for redistribution, especially for the … relatively well-off. Our theoretical model proposes two mechanisms to explain this heterogeneity in support for redistribution …

This paper analyses the importance of fiscal mechanisms for regional risk sharing and redistribution in Switzerland …

We forecast New York state tax revenues with a mixed-frequency model using a number of machine learning techniques. We …

This paper studies the effects of job creation tax credits (JCTCs) enacted by U.S. states between 1990 and 2007 to gain …

expectations, a structural labor demand model, and a tax-benefit microsimulation model. Our findings show that as of September 2020 …. However, the tax benefit system and discretionary policy responses to the crisis act as important income stabilizers, since …