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inequality and low redistribution can coexist. The theory's assumptions and outcomes are explored empirically using individual … outcome, this paper develops a theory exploring two fundamental factors at play during elections - the critical political …
Persistent link: https://www.econbiz.de/10009684131
“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 … outcomes (including the degree of redistribution and others). We postulate that each configuration of social outcomes emerges …
Persistent link: https://www.econbiz.de/10014546295
Individuals vary considerably in how much they earn during their lifetimes. This study examines the role of the tax-and-transfer system in mitigating such inequalities, which could otherwise lead to disparities in living standards. Utilizing a life-cycle model, we determine that taxes and...
Persistent link: https://www.econbiz.de/10014419242
I investigate numerically the following question: Given that individuals with different wages disagree over the optimal labour-income tax schedule, how would such disagreements be affected if society restricted itself to using linear tax schedules? I find that there would be (i) a decrease in...
Persistent link: https://www.econbiz.de/10015095131
and political trust both lead to fiscal policy preferences that constrain effective redistribution. Electoral …
Persistent link: https://www.econbiz.de/10014529758
Persistent link: https://www.econbiz.de/10000910120
In actual environmental policy, the design of actual pollution emission taxes differs significantly with the optimal Pigovian tax. In particular, earmarking prevails and actual taxes are usually combined with regulation. Furthermore tax rates are generally too low to significantly influence...
Persistent link: https://www.econbiz.de/10011598001
Broadening democracy by lowering the voting age is on the political agenda in many democratic societies. Previous suffrage extensions suggest that there are systematic differences between what parliaments decide and what voters want with respect to enfranchisement of new groups. This paper...
Persistent link: https://www.econbiz.de/10012256733
We analyse the redistribution of a resource among agents who have claims to the resource and who are ordered linearly …
Persistent link: https://www.econbiz.de/10008840051
This paper extends the analysis of liberal principles in social choice recently proposed by Mariotti and Veneziani (2009a) to infinitely-lived societies. First, a novel characterisation of the inegalitarian leximax social welfare relation is provided based on the Individual Benefit Principle,...
Persistent link: https://www.econbiz.de/10003877125