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Meritocratic fairness justifies inequality when it stems from performance. Yet performance is influenced by one …'s genetics. I investigate whether individuals' redistribution preferences are affected by their beliefs about genetics' role in … generating performance inequality. In an incentivized online experiment, impartial spectators can redistribute the earnings that …
Persistent link: https://www.econbiz.de/10014496483
This paper investigates second-best congestion pricing in a monocentric city characterized by distortionary, rigid regulatory mechanisms in the housing market (building height restrictions, zoning and property taxation). The Pigouvian toll is shown to retain its optimality under any setting with...
Persistent link: https://www.econbiz.de/10010464784
Persistent link: https://www.econbiz.de/10009724349
In this paper, I develop an overlapping generations model to analyze the effects of property transfer taxes on homeownership, residential mobility, and welfare in the Netherlands. A revenue-neutral abolition of the 2% transfer tax increases the likelihood that homeowners sell their old house and...
Persistent link: https://www.econbiz.de/10013332732
clubs result in a redistribution of revenues from large market to small market clubs, which may lead to more intense on … inequality. Small market clubs rarely earn substantial amounts of money from the transfer market. The main financial …
Persistent link: https://www.econbiz.de/10012233325
The Netherlands has a unique tradition in which all major Dutch political parties provide CPB Netherlands Bureau for Economic Policy Analysis with highly detailed proposals for the tax-benefit system in every national election. This information allows us to quantitatively measure the...
Persistent link: https://www.econbiz.de/10011456742
Policies need not only to be well designed to effectively address market failures, but their parameters also need to be part of agents’ information sets. This is illustrated by government student loans in the Netherlands which are intended to alleviate liquidity constraints. Despite generous...
Persistent link: https://www.econbiz.de/10011374404
We study the role of land development restrictions for the effects of highway expansion on the spatial distribution of population. We demonstrate that these restrictions strongly interfered with the effects of highways in the Netherlands. Introducing an IV approach to address endogenous...
Persistent link: https://www.econbiz.de/10011772970
IPCC (2022) documents a looming gap between climate goals and implemented policies and points to a lack of political commitment. We study policymakers' incentives to commit. A policymaker decides on a policy to encourage citizens to make investments and determines the degree of flexibility to...
Persistent link: https://www.econbiz.de/10014369623
We argue that promoting education may be a means to reduceincome inequality. When workers of different skill levels ….Hence, a given compression of after-tax incomes can be achievedat lower marginal tax rates. Optimal redistribution policy faces …
Persistent link: https://www.econbiz.de/10011333262