Showing 1 - 10 of 3,695
democracies; (2) the nature and determinants of modern tax structures; and (3) redistribution in pluralistic societies over …
Persistent link: https://www.econbiz.de/10011573919
This paper introduces an index of tax optimality that measures the distance of a current tax structure from the optimal tax structure in the presence of public goods. In doing so, we derive a [0, 1] number that reveals immediately how far the current tax configuration is from the optimal one...
Persistent link: https://www.econbiz.de/10011449998
It is not straightforward to define the ethics of responsibility in cases where the consequences of changes in factors within our control are partly determined by factors beyond our control. In this paper, we suggest that one plausible view is to keep us responsible for the parts of the...
Persistent link: https://www.econbiz.de/10011399693
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/10011280819
This paper examines the question of achieving a societal consensus around redistributive policies. Its extent is measured by the degree of work participation among the different skill classes that populate the economy. This consensus is driven both by the material incentives and heterogeneous...
Persistent link: https://www.econbiz.de/10009765042
Mobility of highly-skilled workers affects and is affected by labor market conditions, taxes, and other policies. This paper documents the demographic and fiscal importance of international migration, especially in aging societies, reviews the efficiency and distributional effects of mobility,...
Persistent link: https://www.econbiz.de/10010354844
In this paper we provide a novel justification for the use of minimum wage rules to supplement the optimal tax-and-transfer system. We demonstrate that if labor supply decisions are concentrated along the intensive margin and employment is efficiently rationed, a minimum wage rule can be...
Persistent link: https://www.econbiz.de/10010337632
), that higher levels of income inequality are associated with more terrorism. Consistent with relative deprivation theory, we … terrorism to voice dissent and achieve a redistribution of wealth. Furthermore, we provide evidence of an indirect effect of …
Persistent link: https://www.econbiz.de/10011444494
We examine whether and to what extent political institutions explain different performances in income redistribution … across countries. In particular, we first review available sources of data and measures of income redistribution, discussing … explanations of redistribution from resources and instruments, as well as supply side factors. We then provide empirical evidence …
Persistent link: https://www.econbiz.de/10011549384
income redistribution and employment creation. In particular, the introduction of both a guaranteed annual income (basic …
Persistent link: https://www.econbiz.de/10011507707