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Redistribution and insurance with simple tax instruments
Findeisen, Sebastian; Sachs, Dominik - 2015
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/10011283108
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Unemployment dynamics and the cost of business cycles
Hairault, Jean-Olivier (contributor);  … - 2008
In this paper, we investigate whether business cycles can imply sizable effects on average unemployment. First, using a reduced-form model of the labor market, we show that job finding rate fluctuations generate intrinsically a non-linear effect on unemployment: positive shocks reduce...
Persistent link: https://www.econbiz.de/10003778482
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Wage rigidity or fiscal redistribution? : The unemployment bias of time consistent redistributive policies
Lehmann, Etienne (contributor) - 2006
Because of Time Inconsistency considerations, policymakers underestimate the drawbacks of wage rigidity as a redistributive tool. Consequently, they redistribute inefficiently income from high to low skilled workers. They typically implement too much wage rigidity whereas other means (in...
Persistent link: https://www.econbiz.de/10003316484
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Relative income, redistribution and well-being
FitzRoy, Felix R.; Nolan, Michael A. - 2010
of redistribution: a universal basic income, and a categorical unemployment benefit. Well-being depends on own … income ; redistribution ; basic income ; unemployment benefits ; happiness ; well-being …
Persistent link: https://www.econbiz.de/10009153609
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Optimal redistributive taxation in a search equilibrium model
Hungerbühler, Mathias; Lehmann, Etienne; Parmentier, Alexis - 2005
redistribution is much more important in our setting than in a comparable Mirrlees (1971) setting. …
Persistent link: https://www.econbiz.de/10002549363
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Dissecting inequality-averse preferences
Bergolo, Marcelo; Burdín, Gabriel; Burone, Santiago; … - 2021
Although different approaches and methods have been used to measure inequality aversion, there remains no consensus about its drivers at the individual level. We conducted an experiment on a sample of more than 1800 first-year undergraduate economics and business students in Uruguay to...
Persistent link: https://www.econbiz.de/10012697782
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The costs of job loss in Russia
Lehmann, Hartmut; Muravyev, Alexander; Razzolini, Tiziano; … - 2010
This paper is the first to analyze the costs of job loss in Russia, using unique new data from the Russian Longitudinal Monitoring Survey over the years 2003-2008, including a special supplement on displacement that was initiated by us. We employ fixed effects regression models and propensity...
Persistent link: https://www.econbiz.de/10009315283
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The welfare costs of job loss and decarbonization - evidence from Germany's coal phase out
Haywood, Luke; Janser, Markus; Koch, Nikolas - 2021
Decarbonizing economies is an enormous task. Public debate often focuses on the job loss of workers in fossil industries. Why is job loss costly? Who is most affected? Can delaying transition reduce welfare costs? What other policy instruments may be available? We present a simple job search...
Persistent link: https://www.econbiz.de/10012550225
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The social cost of unemployment : the Spanish labour market from a social welfare approach
Gorjón, Lucía; Rica, Sara de la; Villar, Antonio - 2018
This paper proposes a protocol for considering the social cost of unemployment by taking into account three different aspects: incidence, severity and hysteresis. Incidence refers to the conventional unemployment rate; severity takes in both unemployment duration and the associated income loss;...
Persistent link: https://www.econbiz.de/10011916275
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The impact of air pollution on attributable risks and economic costs of hospitalization for mental disorders
Wu, Ziting; Chen, Xi; Li, Guoxing; Lin, Tian; Wang, Zhan; … - 2020
This study aims to fill the gap in our understanding about exposure to particulate matters with diameter less than 2.5 µm (PM2.5) and attributable risks and economic costs of mental disorders (MDs). We identify the relationship between PM2.5 and risk of hospital admissions (HAs) for MDs in...
Persistent link: https://www.econbiz.de/10012178092