Showing 1 - 10 of 10
redistribution and lowers institutional quality. The effect of the former is to increase productive investment, and the effect of the … redistribution, especially in non-democratic countries. …
Persistent link: https://www.econbiz.de/10010278272
on bequests or on inheritances allow further redistribution, if in the parent generation initial wealth and earning … social welfare is ambiguous. A tax on all expenditures of a generation (a uniform tax on consumption plus bequests) has the … same redistributive effect as an inheritance tax but does not distort the bequest decision. …
Persistent link: https://www.econbiz.de/10010294919
This paper studies optimal unemployment benefit levels and optimal proportional income tax rates over the business … because the UI system can be used to smooth consumption across different economic states. However, high benefits increase … unemployment. An alternative way to redistribute income is to vary tax rates over the business cycle. In this paper, we develop an …
Persistent link: https://www.econbiz.de/10010321411
economic outcomes such as income growth, poverty and inequality indicators. Our analysis is based on microsimulations for eight …
Persistent link: https://www.econbiz.de/10010293303
This paper calculates the change in optimal labor supply and total family welfare resulting from the Tax Cuts and Jobs … and resulting change in welfare among families with different characteristics under the new TCJA tax code. We find that …
Persistent link: https://www.econbiz.de/10012653506
The analysis in this paper provides estimates of family welfare losses generated by wage and nonlabor income declines experienced across the Great Recession and by labor market constraints existing postrecession. Welfare losses are greater as families (both married and single) move up the income...
Persistent link: https://www.econbiz.de/10010397708
some other criterion than individuals' preferences. Using the self-selection approach to tax problems developed by Stiglitz … (1982) and Stern (1982), the paper provides a characterization of the properties of an optimal redistributive mixed tax …
Persistent link: https://www.econbiz.de/10010321624
redistribution, do not compete with immigrants in the labor market, and do not compete with immigrants for publicly financed income …
Persistent link: https://www.econbiz.de/10010335967
This research examines the economic origins and spread of Islam in the Old World and uncovers two empirical regularities. First, Muslim countries and ethnic groups exhibit highly unequal regional agricultural endowments. Second, Muslim adherence is systematically higher along the pre-Islamic...
Persistent link: https://www.econbiz.de/10010420265
inequality and redistribution. Not surprisingly, the effective level of redistribution (after tax-and-transfer inequality) is … explain both redistributive preferences as well as the effective level of redistribution and after tax-and-transfer inequality. … objective dimension of inequality and redistribution are, at least partially, linked with individuals' political preferences and …
Persistent link: https://www.econbiz.de/10010316895