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the effects of two different constitutions (commitment or no commitment in tax policy), as well as income inequality …
Persistent link: https://www.econbiz.de/10011589500
helps to understand the high levels of inequality. The contemporary fiscal version of that assertion goes something like … “the rich are powerful and they dont like taxes, hence we have little taxation and little redistribution.” That is a good … taxation and non-negligible redistributive efforts. But in some of those cases such redistribution comes hand in hand with …
Persistent link: https://www.econbiz.de/10014546295
-cycle model, we determine that taxes and transfers offset 45% of lifetime earnings inequality attributed to differences in …
Persistent link: https://www.econbiz.de/10014419242
Can taxes on consumption redistribute in developing countries? Contrary to consensus, we show that taxing consumption is progressive once we account for informal consumption. Using household expenditure surveys in 32 countries we proxy for informal consumption using the type of store where...
Persistent link: https://www.econbiz.de/10013465637
carbon emission reduction than redistribution (inequality reduction by transfers). However, those countries who contribute …This study investigates the relationship between distinct types of inequality and CO2 emissions using panel data on 156 … that pre-distribution (inequality reduction by structural changes and social protection) is better aligned with the goal of …
Persistent link: https://www.econbiz.de/10014556641
In well-functioning democracies, the policymaking process should in principle respond to persistent economic inequality … that elected representatives eventually supply through policies designed to alleviate inequality. Policymaking constraints … explanations for the continuing high inequality observed in the region. Countries with stronger democracies have adopted more …
Persistent link: https://www.econbiz.de/10014529758
This paper studies the design of sin taxes when firms exercise market power. We outline an optimal tax framework that highlights how market power impacts the efficiency and redistributive properties of sin taxation, and quantify these effects in an application to sugar-sweetened beverage...
Persistent link: https://www.econbiz.de/10012623743
In this article, we look at the combination of several market-based climate and energy policies and compare them with first best solution, i.e., a perfectly designed emission tax or emission cap level. It is shown that in the case an emission control policy is imperfect designed or implemented,...
Persistent link: https://www.econbiz.de/10010490124
Climate change economics mostly neglects sizeable interactions of carbon pricing with other fiscal policy instruments. Conversely, public finance typically overlooks the effects of future decarbonization efforts when devising instruments for the major goals of fiscal policy. We argue that such a...
Persistent link: https://www.econbiz.de/10010508515
national income (or wealth) appropriated by the same income group. In turn, we develop the Fiscal Inequality Coefficient which …
Persistent link: https://www.econbiz.de/10011756097