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

Tax reforms are crucial to promoting inclusive growth in India. The replacement of a myriad of consumption taxes by a … Goods and Services Tax (GST) will boost India's competitiveness, investment, job creation and tax compliance. The potential … productivity by reducing distortions in the allocation of resources which emanate from the corporate income tax; iv) boost job …

induced by unemployment insurance. The model features a detailed specification of the tax and transfer system, including … unemployment insurance benefits which depend on an individual's employment and earnings history. The model also captures the … for unemployment insurance benefits which varied by age and experience. The results show that a policy cut in the …

implies that the optimal tax rate is the same for all households and equals the growth maximizing tax rate. Hence, there is no …

discipline, the budget deficit as a share of gross domestic product. Drawing from simulation evidence of the German economy, it …

lifetime earnings risk. Based on a dynamic life-cycle model, we find that redistribution through the tax-and-transfer system …In this paper, we study how the tax-and-transfer system reduces the inequality of lifetime income by redistributing … insurance effects of taxation may be improved by moving to a progressive tax on lifetime earnings. Similarly, the lifetime …

Labor supply in the market for low-paid jobs in Germany is strongly influenced by tax exemptions - even for individuals … job search model which rationalizes the strong earnings bunching at the tax exemption threshold using German … administrative data. We then simulate modifications to the tax schedule that remove the discontinuity and thus the bunching at the …