widespread belief that the introduction of consumption taxes into a model with income taxes only, creates substantial efficiency …

Most formal law and economic analysis evaluates legal rules solely on the basis of "efficiency." The prevailing … goals. The optimal redistributional program will involve a mixture of methods and deviations from efficiency in one domain …

condition holds, one can separate the equity/efficiency and environmental components of this tax. An illustration suggests that …

provide a novel decomposition of labor income tax formulas into a redistribution and an insurance component. The latter is … capital tax is non-zero and trades off redistribution and insurance against savings distortions. Our quantitative results … bound on optimal taxes: even for welfare functions that do not value redistribution, marginal tax rates are positive for all …

provide a novel decomposition of labor income tax formulas into a redistribution and an insurance component. The latter is … capital tax is non-zero and trades off redistribution and insurance against savings distortions. Our quantitative results … bound on optimal taxes: even for welfare functions that do not value redistribution, marginal tax rates are positive for all …

redistribution mechanism of incomes. Sinn (1995) has developed a normative theory of the welfare state in this view. On a …

highlights how market power impacts the efficiency and redistributive properties of sin taxation, and quantify these effects in an …

We develop a model of optimal carbon taxation and redistribution taking into account horizontal equity concerns by …-efficient households if and only if social inequality aversion is sufficiently high. We further find that redistribution of carbon tax … households’ energy efficiency. …