Narrow search
Showing 1 - 10 of 13,549
Cover Image
Relative Consumption Concerns and the Optimal Tax Mix
Eckerstorfer, Paul - 2011
This articles studies the optimal tax mix (taxes on income and commodities) under asymmetric information in a two-type model, when individuals make relative consumption comparisons. The model includes both positional and nonpositional goods, taking into account the fact that relative concerns...
Persistent link: https://www.econbiz.de/10010294915
Cover Image
Optimal taxation of wealth transfers when bequests are motivated by joy of giving
Brunner, Johann K.; Pech, Susanne - 2011
Inherited wealth creates a second distinguishing characteristic of individuals, in addition to earning abilities. We incorporate this fact into a model of optimal labor income taxation, with bequests motivated by joy of giving. We find that taxes on bequests or on inheritances allow further...
Persistent link: https://www.econbiz.de/10010294919
Cover Image
Optimal Taxes on Wealth and Consumption in the Presence of Tax Evasion
Brunner, Johann K.; Eckerstorfer, Paul; Pech, Susanne - 2010
This article incorporates tax evasion into an optimum taxation framework with individuals differing in earning abilities and initial wealth. We find that despite the possibility of its evasion a tax on initial wealth should supplement the optimal nonlinear income tax, given a positive...
Persistent link: https://www.econbiz.de/10010294923
Cover Image
Optimal redistributive taxation in a multi-externality model
Eckerstorfer, Paul - 2011
This paper extends the previous literature on optimal redistributive taxation in the presence of externalities to a multi-externality setting. While taxes on income and on 'clean' commodities are still unaffected by the externalities, which confirms previous results, I find that the existence of...
Persistent link: https://www.econbiz.de/10010294934
Cover Image
The impact of optimal tariffs and taxes on agglomeration
Ross, Matthias - 2002
This paper extends an economic geography model by tariffs to analyze their impact on welfare and sustainability of agglomerations. Policies with and without cooperation are compared, with the goal of maximizing aggregated welfare in the former and regional welfare in the latter case. The main...
Persistent link: https://www.econbiz.de/10010295554
Cover Image
Optimal factor taxation under wage bargaining: a dynamic perspective
Koskela, Erkki; von Thadden, Leopold - 2002
We consider the issue of steady-state optimal factor taxation in a Ramsey-type dynamic general equilibrium setting with two distinct distortions: i) taxes on capital and labour are the only available tax instruments for raising revenues, and ii) labour markets are subject to a static...
Persistent link: https://www.econbiz.de/10010295746
Cover Image
Why Brennan and Buchanan are wrong (after all)
Apolte, Thomas - 2007
In their book The Power to Tax, Brennan and Buchanan have pointed to a central weakness of the traditional theory of … public finance and especially of the theory of optimal taxation: This approach overlooked the problem of governmental power … theory appears to be once the problem of power is considered. Nevertheless, Brennan and Buchanan's suggestions for …
Persistent link: https://www.econbiz.de/10010298416
Cover Image
Optimal capital income taxation with tax evasion
D'Andria, Diego - 2010
The paper discusses the applicability of optimal taxation theory to source-based capital incomes when significant tax …
Persistent link: https://www.econbiz.de/10010302745
Cover Image
Optimal Redistributive Taxation when Government's and Agents' Preferences Differ
Blomquist, Sören; Micheletto, Luca - 2005
Paternalism, merit goods and specific egalitarianism are concepts we sometimes meet in the literature. The thing in common is that the policy maker does not fully respect the consumer sovereignty principle and design policies according to some other criterion than individuals' preferences. Using...
Persistent link: https://www.econbiz.de/10010321624
Cover Image
Age Related Optimal Income Taxation
Blomquist, Sören; Micheletto, Luca - 2003
The focus of the present paper is on the intragenerational effects of nonlinear income taxation in a multiperiod framework. We investigate whether it is possible to achieve redistribution at smaller efficiency costs by enlarging the message space adopted in standard tax system (which only...
Persistent link: https://www.econbiz.de/10010321640