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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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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 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
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Why praise inequality? : public good provision, income distribution and social welfare
Dasgupta, Indraneel - 2009
redistribution from the rich to the poor will improve social welfare, regardless of how small inequality is in the status quo …
Persistent link: https://www.econbiz.de/10003808609
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Pure redistribution and the provision of public goods
Sausgruber, Rupert; Tyran, Jean-Robert - In: Economics letters 95 (2007) 3, pp. 334-338
Persistent link: https://www.econbiz.de/10003476259
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Dynamic corporate investment and liquidity management under model uncertainty
Wu, Yaoyao; Yang, Jinqiang; Zou, Zhentao - In: Economics letters 155 (2017), pp. 9-13
Persistent link: https://www.econbiz.de/10011821479
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The effect of future income uncertainty in savings decision
Gomes, Fábio A. - In: Economics letters 98 (2008) 3, pp. 269-274
Persistent link: https://www.econbiz.de/10003719204
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Uncertainty and the politics of employment protection
Vindigni, Andrea (contributor) - 2008
This paper investigates the role that idiosyncratic uncertainty plays in shaping social preferences over the degree of labor market flexibility, in a general equilibrium model of dynamic labor demand where the productivity of firms evolves over time as a Geometric Brownian motion. A key result...
Persistent link: https://www.econbiz.de/10003719624
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Imperfect commitment and the revelation principle : the multi-agent case with transferable utility
Evans, Robert; Reiche, Soenje - In: Economics letters 99 (2008) 3, pp. 611-614
Persistent link: https://www.econbiz.de/10003726286
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Returns to tenure of seniority?
Buhai, Sebastian; Portela, Miguel; Teulings, Coen N.; … - 2008
This study documents two empirical regularities, using data for Denmark and Portugal. First, workers who are hired last, are the first to leave the firm (Last In, First Out; LIFO). Second, workers' wages rise with seniority (= a worker's tenure relative to the tenure of her colleagues). We seek...
Persistent link: https://www.econbiz.de/10003652677