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Redistributive systems in Africa are still in their infancy but are constantly expanding in order to finance increasing public spending. This paper aims at characterizing the redistributive potential of six African countries: Ghana, Zambia, Mozambique, Tanzania, Ethiopia and South Africa. These...
Persistent link: https://www.econbiz.de/10012894556
This paper provides a detailed analysis on the incidence of the tax structure on the labor market. To do so it goes beyond the traditional examination of the quot;levelquot; effect of the fiscal wedge and considers a quot;compositionquot; effect defined as a payroll tax bias (PTB): the...
Persistent link: https://www.econbiz.de/10012760788
On January 1st 1994 Portugal introduced, for the first time, inflation indexation in the old-age pension formula. This change considerably decreased the uncertainty regarding the perception of the link between the stream of labor earnings and future pensions. The effect of indexation was large...
Persistent link: https://www.econbiz.de/10013029146
There is clear evidence that fairness plays a role in redistribution. Individuals want to compensate others for their misfortune, while they allow them to enjoy the fruits of their effort. Such fairness considerations have been introduced in political economy and optimal income tax models with a...
Persistent link: https://www.econbiz.de/10013134816
The current debt crisis has given rise to a debate about deeper fiscal integration in Europe. The view is widespread that moving towards a 'fiscal union' would have a stabilising effect in the event of macroeconomic shocks. In this paper we study the economic effects of introducing two elements...
Persistent link: https://www.econbiz.de/10013105006
How do different components of the tax and transfer systems affect disposable income inequality? This paper explores the redistributive effects of different tax benefit instruments in the enlarged EU based on two approaches. Inequality analysis based on the standard approach suggests that...
Persistent link: https://www.econbiz.de/10013154996
Why are average hours worked per adult lower in rich countries than in poor countries? Weconsider two natural explanations: income effects in preferences, in which leisure becomesmore valuable when income rises, and distortionary tax systems, which are more prevalentin richer countries. To...
Persistent link: https://www.econbiz.de/10012836558
For patriotic citizens, living in their native country is intrinsically preferable compared to living in the diaspora. In this paper, we analyze the implications of such a patriotic lock-in in a world with international migration and redistributive taxation. In a formal model of redistribution...
Persistent link: https://www.econbiz.de/10012763927
then use a stylized growth model to analyze the various channels through which a brain drain affects the sending countries … Indian diaspora in the development of India's IT sector. We conclude with a discussion of the implications of the analysis …
Persistent link: https://www.econbiz.de/10013127958
A recent literature highlights the uncertainty concerning whether economic growth has any causal protective effect on … health and survival. But equal rates of growth often deliver unequal rates of poverty reduction and absolute deprivation is … more clearly relevant. Using state-level panel data for India, we contribute the first estimates of the impact of changes …
Persistent link: https://www.econbiz.de/10013135179