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The Efficiency Gains from Social Security Benefit - Tax Linkage
Auerbach, Alan J.; Kotlikoff, Laurence J. - 2021
This paper examines the efficiency gains from linking marginal Social Security benefits to marginal Social Security … effective marginal federal government taxation of labor supply would average roughly 38 percent. Since the efficiency costs of … dead weight loss of labor income taxation.The findings of this paper suggest that there may be very significant efficiency …
Persistent link: https://www.econbiz.de/10013221117
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Social Security and Medicare Policy from the Perspective of Generational Accounting
Auerbach, Alan J.; Gokhale, Jagadeesh; Kotlikoff, … - 2021
Our previous study (Auerbach, Gokhale and Kotlikoff 1991) introduced the concept of generational accounting, a method of determining how the burden of fiscal policy falls on different generations. it found that fiscal policy in the U.S. is out of balance, in terms of projected generational...
Persistent link: https://www.econbiz.de/10013212901
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Education and efficient redistribution
Dur, Robert A. J.; Teulings, Coen N. - 2003 - This version: June 2003
Should education be subsidized for the purpose of redistribution? The usual argument against subsidies to education above the primary level is that the rich take up most education, so a subsidy would increase inequality. We show that there is a counteracting effect: an increase in the stock of...
Persistent link: https://www.econbiz.de/10011317437
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The Efficiency Gains from Dynamic Tax Reform
Auerbach, Alan J.; Kotlikoff, Laurence J.; Skinner, … - 2021
This paper presents a new simulation methodology for determining the pure efficiency gains from tax reform along the … very large efficiency cost …
Persistent link: https://www.econbiz.de/10013236713
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A Note on the Efficient Design of Investment Incentives
Auerbach, Alan J. - 2021
In a recent article in this Journal, Robin Boadway has argued that the appropriate requirement for neutrality is that the present value of the returns from an initial investment of [1pound], using the social discount rate, should be equal for all projects undertaken at the margin. We have few...
Persistent link: https://www.econbiz.de/10013231001
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Taxation and Economic Efficiency
Auerbach, Alan J.; Hines Jr., James R. - 2021
(subject to achieving other government objectives). It starts with a review of the theory and practice of deadweight loss …
Persistent link: https://www.econbiz.de/10013228969
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Reciprocity and incentive pay in the workplace
Dur, Robert A. J.; Non, Jan Adrianus; Roelfsema, Hein - 2008
We study optimal incentive contracts for workers who are reciprocal to management attention. When neither worker's effort nor manager's attention can be contracted, a double moral-hazard problem arises, implying that reciprocal workers should be given weak financial incentives. In a...
Persistent link: https://www.econbiz.de/10011377049
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Are education and entrepreneurial income endogenous and do family background variables make sense as instruments? : a Bayesian analysis
Block, Jörn; Hoogerheide, Lennart; Thurik, Adriaan R. - 2010
Persistent link: https://www.econbiz.de/10003973363
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Family background variables as instruments for education in income regressions : a Bayesian analysis
Hoogerheide, Lennart; Block, Jörn; Thurik, Adriaan R. - 2010
Persistent link: https://www.econbiz.de/10008736923
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Are education and entrepreneurial income endogenous and do family background variables make sense as instruments? : a Bayesian analysis
Block, Jörn; Hoogerheide, Lennart; Thurik, Adriaan R. - 2010 - Current version: February 2010
Education is a well-known driver of (entrepreneurial) income. The measurement of its influence, however, suffers from endogeneity suspicion. For instance, ability and occupational choice are mentioned as driving both the level of (entrepreneurial) income and of education. Using instrumental...
Persistent link: https://www.econbiz.de/10011380037