Narrow search
Showing 1 - 10 of 16,426
Cover Image
Monopsony Power, Income Taxation and Welfare
Hummel, Albert Jan - 2021
This paper studies the implications of monopsony power for optimal income taxation and welfare. Firms observe workers …’ abilities while the government does not and monopsony power determines what share of the labor market surplus is translated into … profits. Monopsony power increases the tax incidence that falls on firms. This makes labor income taxes less (more) effective …
Persistent link: https://www.econbiz.de/10013224073
Cover Image
Monopsony power, income taxation and welfare
Hummel, Albert Jan - 2021
This paper studies the implications of monopsony power for optimal income taxation and welfare. Firms observe workers …' abilities while the government does not and monopsony power determines what share of the labor market surplus is translated into … profits. Monopsony power increases the tax incidence that falls on firms. This makes labor income taxes less (more) effective …
Persistent link: https://www.econbiz.de/10012545131
Cover Image
Monopsony power, income taxation and welfare
Hummel, Albert Jan - 2021
This paper studies the implications of monopsony power for optimal income taxation and welfare. Firms observe workers …' abilities while the government does not and monopsony power determines what share of the labor market surplus is translated into … profits. Monopsony power increases the tax incidence that falls on firms. This makes labor income taxes less (more) effective …
Persistent link: https://www.econbiz.de/10012534827
Cover Image
The Welfare Gains of Age Related Optimal Income Taxation
Bastani, Spencer - 2010
Using a calibrated overlapping generations model we quantify the welfare gains of an age dependent income tax. Agents face uncertainty regarding future abilities and can by saving transfer consumption across periods. The welfare gain of switching from an age-independent to an age-dependent...
Persistent link: https://www.econbiz.de/10013136607
Cover Image
Optimal Marginal Tax Rates -- A Solution to Wealth Disparity
Paleveda, Nicholas A. - 2014
Optimal Marginal Tax rates may be used to lower the potential for wealth disparity and increase productivity at the same time. The author reviews the correlation of the optimal marginal tax rates by historical data
Persistent link: https://www.econbiz.de/10013051707
Cover Image
The equal-sacrifice social welfare function with an application to optimal income taxation
Berg, Kristoffer; Piacquadio, Paolo G. - 2020
We propose and axiomatically characterize a family of welfare criteria that prioritize individuals making larger sacrifices. By combining efficiency with a concern for equality of sacrifice, our criteria avoid serious shortcomings of utilitarianism. We illustrate our results within the...
Persistent link: https://www.econbiz.de/10012263707
Cover Image
Optimal redistributive wealth taxation when wealth is more than just capital
Franks, Max; Edenhofer, Ottmar - 2020
We show how normative standpoints determine optimal taxation of wealth. Since wealth is not equal to capital, we find very different welfare implications of land rent-, bequest- and capital taxation. It is mainly land rents that should be taxed. We develop an overlapping generations model with...
Persistent link: https://www.econbiz.de/10012162503
Cover Image
A unified perspective on efficiency, redistribution, and public policy
Kaplow, Louis - 2020
Specialized theoretical and empirical research should in principle be embedded in a unified framework that identifies the relevant interactions among different phenomena, enables an appropriate matching of policy instruments to objectives, and grounds normative analysis in individuals' utilities...
Persistent link: https://www.econbiz.de/10012174286
Cover Image
The Welfare of Flat Tax
Zanola, Roberto; Cugno, Franco - 2013
This paper analyses the welfare effects of flat tax in a context of endogenous growth generated by learning-by-doing and knowledge spillovers. We present a model where a set of revenue neutral fiscal policies, each characterised by different degrees of investment deductibility and different...
Persistent link: https://www.econbiz.de/10014140295
Cover Image
The Welfare Gains of Age Related Optimal Income Taxation
Bastani, Spencer - 2012
Using a calibrated overlapping generations model we quantify the welfare gains of an age dependent income tax. Agents face uncertainty regarding future abilities and can by saving transfer consumption across periods. The welfare gain of switching from an age-independent to an age-dependent...
Persistent link: https://www.econbiz.de/10013109852