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Optimal income taxation with asset accumulation
Ábrahám, Árpád; Koehne, Sebastian; Pavoni, Nicola - 2014
Several frictions restrict the government's ability to tax assets. First, it is very costly to monitor trades on international asset markets. Second, agents can resort to nonobservable low-return assets such as cash, gold or foreign currencies if taxes on observable assets become too high. This...
Persistent link: https://www.econbiz.de/10010467365
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Will the remote work revolution undermine progressive state income taxes?
Agrawal, David R.; Stark, Kirk J. - 2022
, rigid adherence to this physical presence rule could intensify the progressivity-limiting dynamics of federalism by reducing … work and the status of state-level income tax progressivity as well as its evolution over time. We consider how alternative …. While some sourcing rules may better preserve progressivity in the short term than others, the more fundamental threat to …
Persistent link: https://www.econbiz.de/10013262757
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Normative analysis with societal constraints
Boadway, Robin W.; Martineau, Nicolas-Guillaume - 2013
-participants). In the event of multiple participation equilibria, it is examined how changes in the progressivity of taxation may induce …
Persistent link: https://www.econbiz.de/10009765042
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A matter of perspective : how experience shapes preferences for redistribution
Cassar, Lea; Klein, Arnd Heinrich - 2017
We investigate in a laboratory experiment if the experience of economic failure or success shapes people's preferences for redistribution beyond self-interest. Subjects generated a high or a low income either through a lottery or through an effort-based tournament. A sub-set of subjects could...
Persistent link: https://www.econbiz.de/10011588059
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Cooperation creates special moral obligations
Cappelen, Alexander W.; Gauri, Varun; Tungodden, Bertil - 2018
A large-scale economic experiment, conducted on a representative sample of the US population, shows that cooperation creates special moral obligations. Participants in the experiment, acting as impartial spectators, transferred significantly more money to an unlucky worker when two individuals...
Persistent link: https://www.econbiz.de/10011847597
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Distributive justice and social conflict in an AK model
Tsoukis, Christopher; Itaya, Jun-ichi - 2019
We introduce distributive justice into a simple model of growth and distribution. Two groups ("classes") of otherwise identical, capital-rich and capital-poor individuals ("capitalists") and ("workers") are in conflict over factor (labour-capital) shares. Capitalists' (workers') ideal labour...
Persistent link: https://www.econbiz.de/10011996775
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Inequality and happiness : when perceived social mobility and economic reality do not match
Bjørnskov, Christian; Dreher, Axel; Fischer, Justina A. V. - 2010
In this paper, we revisit the association between happiness and inequality. We argue that the interaction between the perceived and the actual fairness of the income generation process affects this association. Building on a simple model of individual labor-market participation under...
Persistent link: https://www.econbiz.de/10008697799
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Taxing children: the re-distributive role of child benefits - revisited
Blumḳin, Tomer; Margaliyot, Yoram; Tsadḳah, Efrayim - 2010
In this paper, we challenge the conventional wisdom that due to the negative correlation between family size and earning ability, family size can be used as a 'tagging' device, and calls for subsidizing children (via child allowances) to enhance egalitarian objectives. We show that the case for...
Persistent link: https://www.econbiz.de/10003940106
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A comparison of optimal tax policies when compensation or responsibility matter
Jacquet, Laurence; Van de Gaer, Dirk - 2010
This paper examines optimal redistribution in a model with high- and low-skilled individuals with heterogeneous tastes for labor. We compare the extent to which optimal policies based on different normative criteria obey the principles of compensation (for differential skills) and responsibility...
Persistent link: https://www.econbiz.de/10003949079
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The marginal cost of public funds is one
Jacobs, Bas - 2010
This paper develops a Mirrlees (1971) framework with heterogeneous agents to analyze optimal redistributive taxes, optimal provision of public goods and the marginal cost of public funds (MCF). Standard MCF measures are shown to suffer from three defects: i) The MCF for the (non-individualized)...
Persistent link: https://www.econbiz.de/10008732260