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Progressing towards efficiency : the role for labor tax progression in reforming social security

Makarski, Krzysztof; Tyrowicz, Joanna; Komada, Oliwia - 2022

show that the progressive labor tax can partially substitute for the redistribution in social security, thus reducing the …

Persistent link: https://www.econbiz.de/10012888436

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

Equilibrium worker-firm allocations and the deadweight losses of taxation

Bagger, Jesper; Moen, Espen R.; Vejlin, Rune Majlund - 2021

We analyse the deadweight losses of tax-induced labor misallocation in an equilibrium model of the labour market where workers search to climb a job ladder and firms post vacancies. Workers differ in abilities. Jobs differ in productivities and amenities. A planner uses affine tax functions to...

Persistent link: https://www.econbiz.de/10012703030

Minimum wage and tolerance for high incomes

Fazio, Andrea; Reggiani, Tommaso - 2023

We suggest that stabilizing the baseline income can make low-wage workers more tolerant towards high income earners. We present evidence of this attitude in the UK by exploiting the introduction of the National Minimum Wage (NMW), which institutionally sets a baseline pay reducing the risk of...

Persistent link: https://www.econbiz.de/10014266908

Labour supply and commuting

Gutiérrez-i-Puigarnau, Eva; Ommeren, Jos van - 2010

A new paradigm for transport economists has been established: revenues of a welfare-maximising road tax should be employed to reduce the level of a distortionary income tax. An essential modelling assumption to reach this conclusion is that the number of workdays is optimally chosen, whereas...

Persistent link: https://www.econbiz.de/10003941788

Growth risks, asset prices, and welfare

Croce, Mariano M. - In: Economics letters 202 (2021), pp. 1-6

Persistent link: https://www.econbiz.de/10012607134

Financial support for families with children and its trade-offs : balancing redistribution and parental work incentives

Myck, Michał; Kurowska, Anna; Kundera, Michał - 2013

the system of financial support for families with children. We focus on: 1) the trade-off between redistribution of income …

Persistent link: https://www.econbiz.de/10009774304

Employment dynamics and redistributive policies under workers' social norms

Dos Santos Ferreira, Rodolphe; Lloyd-Braga, Teresa; … - 2014

We study employment dynamics using an OLG model with unemployment benefits and universal old-age survival pensions, both financed by taxing employed workers. The novelty is that we explicitly introduce workers' social norms that shape both the individual participation decision of workers and...

Persistent link: https://www.econbiz.de/10010230890

Combining microsimulation and optimization to identify optimal flexible tax-transfer rules

Colombino, Ugo; Islam, Nizamul - 2020

We use a behavioural microsimulation model embedded in a numerical optimization procedure in order to identify optimal (social welfare maximizing) tax-transfer rules. We consider the class of tax-transfer rules consisting of a universal basic income and a tax defined by a 4th degree polynomial....

Persistent link: https://www.econbiz.de/10012228537

The social tax : redistributive pressure and labor supply

Carranza, Eliana; Donald, Aletheia; Grosset, Florian; … - 2022

transfers do not decline, indicating no loss in redistribution. Our estimates imply a 9-14% social tax rate. The welfare … benefits of informal redistribution may come at a cost, depressing labor supply and productivity. …

Persistent link: https://www.econbiz.de/10013460803