In this paper, I first summarize how the US Earned Income Tax Credit (EITC) operates and describe the characteristics … marriage, and problems of compliance with the tax system. I then briefly discuss some possible reforms to the structure of the …

taxable income, reacts to changes in marginal tax rates. In this study we use a rich panel data set and a sequence of tax … reforms that took place in Sweden during the 1980's to estimate the elasticity of the hourly wage rate with respect to the net-of-tax … rate. While carefully accounting for the endogeneity of marginal tax rates as well as other factors that determine wage …

recent past? We employ a microsimulation of ARRA to address these questions. We find that, despite a large amount of job …

I analyze how lack of commitment affects the maturity structure of sovereign debt. Governments balance benefits of … default induced redistribution and costs due to income losses in the wake of a default. Their choice of short- versus long …

Focusing on tax policy with incomplete asset markets, we create a framework for proving the existence of Pareto … Pareto improving tax rates–if tax parameters and incompleteness exceed household heterogeneity, and multiple commodities … asset purchases, (b) lump-sum taxes on present income plus one flat tax on asset purchases, (c) asset measurable taxes on …

economic outcomes such as income growth, poverty and inequality indicators. Our analysis is based on microsimulations for eight …

wealth and the likelihood of radical redistribution: while the net benefits of redistribution for members of the poor class …

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 …