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By inverting Saez (2002)'s model of optimal income taxation, we characterize the redistributive preferences of the Irish government between 1987 and 2005. The (marginal) social welfare function revealed by this approach is consistently comparable over time and show great stability despite...
Persistent link: https://www.econbiz.de/10009729273
This study analysed the contribution of economic growth and redistribution components to aggregate poverty changes in Ireland from 1987-2005, using the Shapley value decomposition approach. The analysis used the household disposable income data from the Household Budget Survey to calculate...
Persistent link: https://www.econbiz.de/10009733719
the population, and so economic growth. To our knowledge, this is the only possibility for the inequality to be "bought …
Persistent link: https://www.econbiz.de/10011840488
presence of inequality, however, it deviates or refracts from the ideal condition. In this paper, I try to measure economic … inequality from the index of refraction. First, I compute such an index for each stratum to evaluate condition in each and then … add all to propose an overall measure of economic inequality, which appears to be a standardised measure of the length of …
Persistent link: https://www.econbiz.de/10011525663
There is a large empirical literature on policy measures targeted at children but surprisingly very little theoretical foundation to ground the debate on the optimality of the different instruments. In the present paper, we examine the merit of targeting children through two general policies,...
Persistent link: https://www.econbiz.de/10003581183
Using a collective model of consumption, we characterize optimal commodity taxes aimed at targeting specific individuals within the household. The main message is that distortionary indirect taxation can circumvent the agency problem of the household. Essentially, taxation should discourage less...
Persistent link: https://www.econbiz.de/10009730373
Persistent link: https://www.econbiz.de/10012422709
distributions. Social planners commonly use two SWFs: SWFε implied by income inequality aversion (ε) and SWFv implied by rank … inequality aversion (v). However, a voluntary choice of ε or v may result in inconsistent assessments of social welfare embodied … consistent assessments of social welfare, inequality and poverty embodied in a given income distribution. Methods: We propose …
Persistent link: https://www.econbiz.de/10014552762
Persistent link: https://www.econbiz.de/10015084686
Persistent link: https://www.econbiz.de/10012817337