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Inequality and Optimal Redistributive Tax and Transfer Policies

Zee, Howell H. - 1999

This paper explores the revenue-raising aspect of progressive taxation and derives, on the basis of a simple model, the optimal degree of tax progressivity where the tax revenue is used exclusively to finance (perfectly) targeted transfers to the poor. The paper shows that not only would it be...

Persistent link: https://www.econbiz.de/10014400295

Fiscal redistribution and social welfare

Coady, David P.; D'Angelo, Devin; Evans, Brooks - 2019

discussion of fiscal redistribution within the standard social welfare framework, which lends itself to a transparent and … practical evaluation of the extent and determinants of fiscal redistribution. Differences in fiscal redistribution are … determine the factors explaining differences in their fiscal redistribution and to discuss patterns in fiscal redistribution …

Persistent link: https://www.econbiz.de/10012009467

Lucas vs. Lucas : On Inequality and Growth

Cordoba, Juan Carlos - 2007

Lucas (2004) asserts that ""Of the tendencies that are harmful to sound economics, the most seductive, and in my opinion the most poisonous, is to focus on questions of distribution. The potential for improving the lives of poor people by finding different ways of distributing current production...

Persistent link: https://www.econbiz.de/10014400357

Social versus individual work preferences : implications for optimal income taxation

An, Zhiyong; Coady, David P. - 2022

Persistent link: https://www.econbiz.de/10013169902

Risk-Taking and Optimal Taxation with Nontradable Human Capital

Hu, Zuliu - 1992

What are the effects of taxation on individual/entrepreneurs’ risk-taking behavior? This paper re-examines this old question in a continuous time life-cycle model. We demonstrate that the stream of uncertain income from human capital has systematic effects on demand for the risky physical...

Persistent link: https://www.econbiz.de/10014395838

Growth Effects of Income and Consumption Taxes : Positive and Normative Analysis

Milesi-Ferretti, Gian-Maria - 1995

The effects of income and consumption taxation are examined in the context of models in which the growth process is driven by the accumulation of human and physical capital. The different channels through which these taxes affect economic growth are discussed, and it is shown that in general the...

Persistent link: https://www.econbiz.de/10014398183

Personal income tax progressivity : trends and implications

Gerber, Claudia; Klemm, Alexander; Liu, Li; Mylonas, Victor - 2018

This paper discusses how the structure of the tax system affects its progressivity. It suggests a measure of progressive capacity of tax systems, based on the Kakwani index, but independent of pre-tax income distributions. Using this and other progressivity measures, the paper (i) documents a...

Persistent link: https://www.econbiz.de/10011978377

On the Measurement of Horizontal Inequity

Lambert, Peter J. - 1995

This paper makes a new attack on the old problem of measuring horizontal inequity in the income tax. Local measures of inequality of posttax income among pretax equals are proposed, which reflect alternative value judgments about the nature and magnitude of an inequity. These measures are...

Persistent link: https://www.econbiz.de/10014398202

The Welfare Effects of Public Expenditure Programs Reconsidered

International Monetary Fund - 1989

The paper proposes a new welfare-based measure to evaluate the distributive effects of public programs. The proposed measure differs from traditional approaches in two important ways: first, it is based on life-cycle considerations, since most public expenditure programs have an intertemporal...

Persistent link: https://www.econbiz.de/10014396379

Optimal Central Bank Conservatism and Monopoly Trade Unions

Hefeker, Carsten - 2002

The ""conservative central banker"" has come under attack recently. On the basis of models in which there is explicit interaction between trade union behavior and monetary policy, it has been argued that if ''trade unions'' are averse to inflation, welfare will be lower with a conservative than...

Persistent link: https://www.econbiz.de/10014399704

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