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The idea of higher wealth taxes to finance the mounting public debt in the wake of the financial crises is gaining ground in several OECD countries. We evaluate the revenue and distributional effects of a one-time capital levy on personal net wealth that is currently on the German political...
Persistent link: https://www.econbiz.de/10011601039
The idea of higher wealth taxes to finance the mounting public debt in the wake of the financial crises is gaining ground in several OECD countries. We evaluate the revenue and distributional effects of a one-time capital levy on personal net wealth that is currently on the German political...
Persistent link: https://www.econbiz.de/10009283553
on a behavioral micro-simulation model which integrates an empirical household labor supply model into a detailed tax …-benefit model based on the German Socio Economic Panel. Our simulation results show that, under each reform, the lion's share of the … supply effects are small for all analyzed family tax splitting reforms, both in absolute terms and relative to the implied …
Persistent link: https://www.econbiz.de/10011600690
on a behavioral micro-simulation model which integrates an empirical household labor supply model into a detailed tax …-benefit model based on the German Socio Economic Panel. Our simulation results show that, under each reform, the lion's share of the … supply effects are small for all analyzed family tax splitting reforms, both in absolute terms and relative to the implied …
Persistent link: https://www.econbiz.de/10005017431
the ongoing policy debate in Germany. In this paper, we compare the progressivity and redistribution induced by the tax … additionally consider social insurance contributions and cash benefits for a complete analysis of the whole tax benefit system. Our … analysis is based on EUROMOD, a static tax benefit microsimulation model for the EU-15 countries, which allows analysing the …
Persistent link: https://www.econbiz.de/10011600748
the ongoing policy debate in Germany. In this paper, we compare the progressivity and redistribution induced by the tax … additionally consider social insurance contributions and cash benefits for a complete analysis of the whole tax benefit system. Our … analysis is based on EUROMOD, a static tax benefit microsimulation model for the EU-15 countries, which allows analysing the …
Persistent link: https://www.econbiz.de/10005017408
Previous estimates of unfair inequality of opportunity (IOp) are only lower bounds because of the unobservability of the full set of endowed circumstances beyond the sphere of individual responsibility. In this paper, we suggest a new estimator based on a fixed effects panel model which...
Persistent link: https://www.econbiz.de/10009277156
Previous estimates of unfair inequality of opportunity (IOp) are only lower bounds because of the unobservability of the full set of endowed circumstances beyond the sphere of individual responsibility. In this paper, we suggest a new estimator based on a fixed effects panel model which...
Persistent link: https://www.econbiz.de/10011601037
social policy reforms in 2005. The analysis is based on a microsimulation model, which includes a detailed description of the …
Persistent link: https://www.econbiz.de/10011600936
Macro-level changes can have substantial effects on the distribution of resources at the household level. While it is possible to speculate about which groups are likely to be hardesthit, detailed distributional studies are still largely backward-looking. This paper suggests a straightforward...
Persistent link: https://www.econbiz.de/10008685268