Showing 1 - 10 of 3,964
, the effectiveness of the electricity tariff as a redistribution device is questionable in the presence of a progressive … model predicts that electricity prices should be subsidised in the presence of purely income redistribution concerns, we … conservation as well as income redistribution. …
Persistent link: https://www.econbiz.de/10011892503
This paper studies the design of tax systems that implement a planner's second-best allocation in a market economy. An example shows that the widely used Mirrleesian (1976) tax system cannot implement all incentive-compatible allocations. Hammond's (1979) "principle of taxation" proves that any...
Persistent link: https://www.econbiz.de/10010412846
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
), 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
This paper analyzes long run outcomes resulting from adopting a binding minimum wage in a neoclassical model with perfectly competitive labour markets and capital accumulation. The model distinguishes between workers of heterogeneous ability and capitalists who do all the saving, and it entails...
Persistent link: https://www.econbiz.de/10010428828
The relationship between inequality and redistribution is usually studied under the assumption that the government …
Persistent link: https://www.econbiz.de/10011402700
In many OECD countries income inequality has risen, but surprisingly redistribution as well. The theory attributes this …
Persistent link: https://www.econbiz.de/10011409838
In most OECD countries, pension reform policy has decreased the level of intragenerational redistribution over the last … three decades, that is, redistribution among members of the same generation with high and low pension entitlements. This … relationship between inequality of entitlements, mortality risk, and the size of redistribution in a stylized social security …
Persistent link: https://www.econbiz.de/10013174148
typically led to an expansion in redistribution, at least in the small sample of episodes studied. Similarly, and more …
Persistent link: https://www.econbiz.de/10009781532