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Atkinson-Stiglitz and Ramsey Reconciled: Pareto Efficient Taxation and Pricing under a Break-Even Constraint
Cremer, Helmuth; Gahvari, Firouz - CESifo - 2013
The Ramsey tax problem examines the design of linear commodity taxes to collect a given tax revenue. This approach has … commodity taxes redundant. In the meantime, the Ramsey setting has had a second life as model of regulatory pricing. Boiteux … the different products (equivalent to taxes). While the scope of regulation has declined, Ramsey-Boiteux pricing continues …
Persistent link: https://www.econbiz.de/10010877674
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Corrective Taxation of a Consumption Externality in the Presence of an Optimal Non-linear Income Tax
Josefsson, Anneli - Nationalekonomiska Institutionen, Uppsala Universitet - 1997
This paper is concerned with the problem of combining a non-linear income tax with an indirect externality correcting tax. The analysis is performed in a model economy with two types of individuals and two types of consumption goods. The government wants to redistribute from the more able...
Persistent link: https://www.econbiz.de/10005196921
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Cross-Border Shopping and the Atkinson-Stiglitz Theorem
Kessing, Sebastian G.; Koldert, Bernhard - Fakultät Wirtschaftswissenschaften, … - 2012
We introduce cross-border shopping and indirect tax competition into a model of optimal taxation. The Atkinson-Stiglitz result that indirect taxation cannot improve the effciency of information-constrained tax-transfer policies, and that indirect taxes should not be differentiated across goods,...
Persistent link: https://www.econbiz.de/10010850534
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Indirect taxes for redistribution: should necessity goods be favored?
BOADWAY, Robin; PESTIEAU, Pierre - Center for Operations Research and Econometrics (CORE), … - 2011
The Atkinson-Stiglitz Theorem shows that with weakly separable preferences, differential commod- ity taxes are not needed if an optimal nonlinear income tax is imposed. Redistributive objectives can be achieved with the income tax alone even if goods differ considerably in their income...
Persistent link: https://www.econbiz.de/10010927671
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On the Desirability of Taxing Capital Income in Optimal Social Insurance
Jacobs, Bas; Schindler, Dirk - Fachbereich Wirtschaftswissenschaften, Universität Konstanz - 2012
This paper analyzes optimal linear taxes on labor income and savings in a two-period life cycle model with ex ante identical households, endogenous leisure demands in both periods, and general processes of skill shocks over the life cycle. We demonstrate that the Atkinson-Stiglitz theorem breaks...
Persistent link: https://www.econbiz.de/10009493051
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Indirect Taxes for Redistribution: Should Necessity Goods be Favored?
Boadway, Robin; Pestieau, Pierre - CESifo - 2011
Atkinson and Stiglitz show that with weakly separability, differential commodity taxes are unnecessary given an optimal nonlinear income tax. Deaton showed that with an optimal linear progressive income tax, commodity taxes are superfluous under weakly separable and linear Engel curves. Using...
Persistent link: https://www.econbiz.de/10009368565
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A Note on Deaton's Theorem on the Undesirability of Nonuniform Excise Taxation
Hellwig, Martin - Max-Planck-Institut zur Erforschung von … - 2008
The paper provides an extension and a new proof of Deaton's theorem on the undesirability of nonuniform excise taxation when income taxes are affine and preferences over consumption goods are separable from labour-leisure choices, homothetic, and identical across agents.
Persistent link: https://www.econbiz.de/10005772783
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A Generalization of the Atkinson-Stiglitz (1976) Theorem on the Undesirability of Nonuniform Excise Taxation
Hellwig, Martin - Max-Planck-Institut zur Erforschung von … - 2008
The Atkinson-Stiglitz (1976) theorem on the undesirability of nonuniform excise taxation when all agents have homogeneous, separable preferences is extended to allow for nonseparability with respect to endogenous variables that will be subject to distortions. The result is useful for analysing...
Persistent link: https://www.econbiz.de/10005772799
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On the Desirability of Taxing Capital Income to Reduce Moral Hazard in Social Insurance
Jacobs, Bas; Schindler, Dirk - CESifo - 2009
This paper analyzes optimal linear taxes on labor income and savings in a standard two-period life-cycle model with endogenous leisure demands in both periods and non-insurable income risks. Households are subject to skill shocks in both periods of the life-cycle. We allow for completely general...
Persistent link: https://www.econbiz.de/10008583702
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"Optimal Policy and (the Lack of) Time Inconsistency: Insights from Simple Models"
Jorge Soares, Marina Azzimonti, Pierre-Daniel Sarte; … - Department of Economics, Lerner College of Business and … - 2006
In the standard neoclassical model with a representative agent, a benevolent planner who can commit to future policies will, if feasible, levy a single confiscatory tax on capital in the initial period and commit never to set positive taxes thereafter. We show that this policy, which allows for...
Persistent link: https://www.econbiz.de/10005063523