Showing 1 - 10 of 234
This paper analyses optimal corrective taxation and optimal income redistribution. Under general utility functions, the …
Persistent link: https://www.econbiz.de/10012949567
This paper discusses the implications of autonomous-connected-electric-shared vehicles (ACES) for public finance, which have so far been widely ignored. In OECD countries, 5-12% of federal and up to 30% of local tax revenue are currently from fuel and vehicle taxation. The diffusion of ACES will...
Persistent link: https://www.econbiz.de/10012114758
Meritocratic fairness justifies inequality when it stems from performance. Yet performance is influenced by one …'s genetics. I investigate whether individuals' redistribution preferences are affected by their beliefs about genetics' role in … generating performance inequality. In an incentivized online experiment, impartial spectators can redistribute the earnings that …
Persistent link: https://www.econbiz.de/10014547697
IPCC (2022) documents a looming gap between climate goals and implemented policies and points to a lack of political commitment. We study policymakers' incentives to commit. A policymaker decides on a policy to encourage citizens to make investments and determines the degree of flexibility to...
Persistent link: https://www.econbiz.de/10014469588
The paper presents a polycentric general equilibrium model with congestion externalities and distortionary labor taxation calibrated to fit the key empirical regularities of the regional economy and transport system of Randstad conglomeration. In line with more stylized models, marginal external...
Persistent link: https://www.econbiz.de/10011403546
We study optimal linear income taxation in a model with heterogeneous agents where earnings potentials are endogenously determined through human capital accumulation. Agents differ in initial conditions and ability to learn. Capital market imperfections prevent poor agents to invest optimally in...
Persistent link: https://www.econbiz.de/10010324813
Using a general equilibrium model with heterogeneous waste, this paper studies optimal waste policy when households have to exert separation effort to produce near-homogeneous waste streams suitable for recycling. Our model explicitly allows for changes in the composition (quality) of waste...
Persistent link: https://www.econbiz.de/10010325190
This paper investigates optimal airport pricing when airlines provide imperfect substitutes products, and make decisions on capacity, scheduling and pricing. We show that the first-best toll per flight may be higher than the simple market-shares formulae that were recently derived for Cournot...
Persistent link: https://www.econbiz.de/10010326295
This paper analyses optimal corrective taxation and optimal income redistribution. Under general utility functions, the …
Persistent link: https://www.econbiz.de/10011819463
unions can be desirable for income redistribution. Unions bargain with firms over wages in each sector and firms unilaterally … determine employment. Unions raise the efficiency costs of income redistribution, because unemployment benefits and income taxes …
Persistent link: https://www.econbiz.de/10011932335