Showing 1 - 10 of 2,674
Using a stacked differences-in-differences approach, we study the effects of Low Emission Zones (LEZs) in Germany. The implementation of stage 1 and 2 LEZs, which banned the most pollution-intensive vehicles from city centers, significantly reduced PM10 concentrations. The most restrictive third...
Persistent link: https://www.econbiz.de/10014582278
Wealth is increasingly unequally distributed in many countries. This study examines public perceptions of wealth deservingness and preferences for taxing the wealth of the rich, focusing on how opinions vary based on the amount, use, and origin of wealth. Drawing on an original vignette...
Persistent link: https://www.econbiz.de/10015438031
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
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
strengthens the preference for redistribution. Labor mobility frictions are instrumental in this mechanism. …
Persistent link: https://www.econbiz.de/10013414595
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
We decompose the redistributive effect of direct taxes into vertical, horizontal, and reranking components applying the methods of Urban and Lambert (Public Finance Review, 2008). In the first such application to the UK, and using yearly data covering 1977-2020, we find that redistributive...
Persistent link: https://www.econbiz.de/10014423792
Thirty years after the "Washington Consensus", is there a new policy consensus that addresses the problem of inequality? This paper argues that there is widespread acceptance that multiple, interrelated and mutually reinforcing inequalities exist - in income, wealth, education, health, power,...
Persistent link: https://www.econbiz.de/10014338520
Support for redistribution depends on whether inequality stems from differences in performance or luck, but different … sources of luck may impact redistribution differentially. We elicit redistribution decisions from a U.S.-representative sample …
Persistent link: https://www.econbiz.de/10014582297
Health insurance premiums often do not reflect individual health risks, implying redistribution from individuals with … redistribution and to lower welfare of high-risk individuals. This could be the case because more cost-sharing increases out … that was in place was a 350 euro deductible. Our counterfactual experiments show that redistribution would decrease when …
Persistent link: https://www.econbiz.de/10014484386