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Temptation and taxation with elastic labor
Tran, Chung - In: Economic modelling 70 (2018), pp. 351-369
Persistent link: https://www.econbiz.de/10012027939
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Cross-Border Tax Externalities : Are Budget Deficits Too Small?
Buiter, Willem H.; Sibert, Anne - 2021
In a dynamic optimising model with costly tax collection, a tax cut by one nation creates positive externalities for the rest of the world if initial public debt stocks are positive. By reducing tax collection costs, current tax cuts boost the resources available for current private consumption,...
Persistent link: https://www.econbiz.de/10013247022
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Gender Based Taxation and the Division of Family Chores
Alesina, Alberto F. - 2010
Gender-Based Taxation (GBT) satisfies Ramsey's rule of optimality because it taxes at a lower rate the more elastic labor supply of women. This holds when different elasticities between men and women are taken as exogenous. We study GBT in a model in which labor supply elasticities emerge...
Persistent link: https://www.econbiz.de/10012759662
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A Tax on Output of the Polluting Industry is Not a Tax on Pollution : the Importance of Hitting the Target
Fullerton, Don; Hong, Inkee; Metcalf, Gilbert E. - 2021
We explore the effects of environmental taxes that imprecisely target pollution. A review of actual policies indicates few (if any) examples of a true tax on pollution. More typically, environmental taxes target an input or output that is correlated with pollution. We construct a simple...
Persistent link: https://www.econbiz.de/10013230179
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A Theory of Optimal Capital Taxation
Piketty, Thomas - 2012
taxation. We present a dynamic model of savings and bequests with heterogeneous random tastes for bequests to children and for …
Persistent link: https://www.econbiz.de/10013107763
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Capital Income Taxes with Heterogeneous Discount Rates
Diamond, Peter A. - 2010
With heterogeneity in both skills and discount factors, the Atkinson-Stiglitz theorem that savings should not be taxed … equilibrium, a small savings tax on high earners and a small savings subsidy on low earners both increase welfare, regardless of … to switch to a lower paid job. Extending Saez (2002), a uniform savings tax increases welfare if the correlation of skill …
Persistent link: https://www.econbiz.de/10013152380
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Environmental Tax Interactions When Pollution Affects Health or Productivity
Williams, Roberton C. - 2021
Numerous recent studies have indicated that interactions with a tax-distorted labor market increase the cost of pollution regulation. However, these studies have made restrictive assumptions regarding individual preferences and have ignored key links between pollution, human health, and labor...
Persistent link: https://www.econbiz.de/10013221285
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Health Effects in a Model of Second-Best Environmental Taxation or Reconsidering "Reconsidering the Tax-Interaction Effect"
Williams, Roberton C. - 2021
The literature on environmental taxation in the presence of pre-existing distortionary taxes has shown that the interactions with pre-existing taxes tend to raise the cost of an environmental tax, and thus that the optimal environmental tax in that context is less than marginal environmental...
Persistent link: https://www.econbiz.de/10013221508
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Macroprudential Policy with Leakages
Bengui, Julien; Bianchi, Javier - 2021
of agents. While regulated agents reduce risk taking in response to debt taxes, unregulated agents react to the safer … environment by taking on more risk. These leakages undermine the effectiveness of macruprudential taxes but do not necessarily …
Persistent link: https://www.econbiz.de/10013224121
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Education, Redistribution, and the Threat of Brain Drain
Haupt, Alexander; Janeba, Eckhard - 2021
This paper analyzes the relationship between brain drain, human capital accumulation and individual net incomes in the presence of a redistributional tax policy, credit market constraints, administrative costs of tax collection, and lack of government commitment. We characterize how decreasing...
Persistent link: https://www.econbiz.de/10013232920