Narrow search
Showing 1 - 10 of 4,149
Cover Image
Capital taxation, retained earnings and inequality : evidence from dividend tax reforms
Berman, Yonatan; Klor, Esteban F. - 2024
This paper studies the effects of capital tax reforms on retained earnings, dividend tax revenues, and income … inequality in Israel between 2001 and 2020. We analyze two major dividend tax reforms: a permanent rate increase in 2012 and a … increase in the dividend tax rate resulted in an immediate increase of over 100% in the withdrawal of retained earnings and in …
Persistent link: https://www.econbiz.de/10015077933
Cover Image
Exponent of cross-sectional dependence : estimation and inference
Bailey, Natalia; Kapetanios, George; Pesaran, M. Hashem - 2012
An important issue in the analysis of cross-sectional dependence which has received renewed interest in the past few years is the need for a better understanding of the extent and nature of such cross dependencies. In this paper we focus on measures of cross-sectional dependence and how such...
Persistent link: https://www.econbiz.de/10009530816
Cover Image
Fiscal policy, economic integration and unemployment
Eggert, Wolfgang (contributor); Goerke, Laszlo (contributor) - 2003 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10001829804
Cover Image
How to tax different incomes?
Jacquet, Laurence; Lehmann, Etienne - 2021
We study the optimal tax system when taxpayers earn different kinds of income by supplying different inputs. Imperfect substitution between inputs allows for general equilibrium effects. We consider any type of cross-base responses to tax changes such as income-shifting. Formalizing the tax...
Persistent link: https://www.econbiz.de/10012624716
Cover Image
Does the wealth tax kill jobs?
Bjørneby, Marie; Markussen, Simen; Røed, Knut - 2020
Fueled by increasing inequality and rising fiscal deficits, the interest in wealth taxation has increased over the last years, both in the public debate and in academia. Yet, knowledge about the behavioral effects of a wealth tax is limited. We utilize rich Norwegian register data and a series...
Persistent link: https://www.econbiz.de/10012295610
Cover Image
How should capital be taxed? : theory and evidence from Sweden
Bastani, Spencer; Waldenström, Daniel - 2018
This paper presents a comprehensive analysis of the role of capital taxation in advanced economies with a focus on the Swedish experience. We synthesize the existing theoretical literature, present facts about the capital stock and its distribution, review current capital tax practices and...
Persistent link: https://www.econbiz.de/10011845732
Cover Image
Capital income risk and the dynamics of the wealth distribution
Hoang Van Khieu; Wälde, Klaus - 2018
In this paper, we develop and numerically solve a model of idiosyncratic labour income and idiosyncratic interest rates to predict the evolution of a wealth distribution over time. Stochastic labour income follows a deterministic growth trend and it fluctuates between a wage and unemployment...
Persistent link: https://www.econbiz.de/10011913697
Cover Image
Capital income taxation and household production
Apps, Patricia; Rees, Ray - 2015
The Atkinson-Stiglitz Theorem and its extensions have been interpreted as implying that capital income should not be taxed. If, as seems reasonable on empirical grounds, we introduce production of household goods with close market substitutes, this conclusion no longer holds. We analyse optimal...
Persistent link: https://www.econbiz.de/10011428699
Cover Image
Redistribution and insurance with simple tax instruments
Findeisen, Sebastian; Sachs, Dominik - 2015
We analyze optimal taxation of labor and capital income in a life-cycle framework with idiosyncratic income risk. We provide a novel decomposition of labor income tax formulas into a redistribution and an insurance component. The latter is independent of the social welfare function and...
Persistent link: https://www.econbiz.de/10011283108
Cover Image
Human capital and optimal redistribution
Koeniger, Winfried; Prat, Julien - 2014
We characterize optimal redistribution in a dynastic family model with human capital. We show how a government can improve the trade-off between equality and incentives by changing the amount of observable human capital. We provide an intuitive decomposition for the wedge between human-capital...
Persistent link: https://www.econbiz.de/10010440541