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We provide a critique of the standard methodology which bases welfare comparisons between households on deflating household income and consumption by an equivalence scale. We argue that this leads to support for tax/transfer policies that significantly disadvantage low to middle in-come...
Persistent link: https://www.econbiz.de/10012231585
We provide a critique of the standard methodology which bases welfare comparisons between households on deflating household income and consumption by an equivalence scale. We argue that this leads to support for tax/transfer policies that significantly disadvantage low to middle income...
Persistent link: https://www.econbiz.de/10012232795
a function - typically inequality or poverty indices - of household equivalized income. In parallel, economic research …
Persistent link: https://www.econbiz.de/10011751671
-units) on inequality and poverty statistics using Irish microdata. We find that benchmark equivalence scales result in … substantial variation in the degree of income poverty estimated at the household level, particularly for young children and the … children, Irish income poverty rates in 2019 ranged from 15.0 per cent to 19.5 per cent - most of this variation is …
Persistent link: https://www.econbiz.de/10013040653
We study the link between tax progressivity and top income shares. Using variation from large-scale Western tax reforms in the 1980s and 1990s and the novel synthetic control method, we find large and lasting boosting impacts on top income shares from the progressivity reductions. Effects are...
Persistent link: https://www.econbiz.de/10011636668
standards. The workhorse models of optimal income taxation call for more redistribution as inequality rises. By contrast, living …
Persistent link: https://www.econbiz.de/10014551008
We use micro data from the U.S. Internal Revenue Service to document how households' tax liabilities vary with income, marital status and the number of dependents. We report facts on the distributions of average and marginal taxes, properties of the joint distributions of taxes paid and income,...
Persistent link: https://www.econbiz.de/10010278342
competition. -- Poverty ; human capital ; life-cycle analysis ; lifetime income ; education ; taxation ; transfers … revenue, which is spent for public goods (including education) and transfers (for poverty reduction). The efficient design of … poverty in an appropriate time period by transfers and vocational education measures for the grown-up as well as high quality …
Persistent link: https://www.econbiz.de/10009356993
We study three budget-neutral reforms of the German tax and transfer system designed to improve work incentives for people with low incomes: a feasible flat tax reform that provides a basic income which is equal to the current level of the means tested unemployment benefit, and two alternative...
Persistent link: https://www.econbiz.de/10011298903
find that individual taxation welfare dominates joint taxation not only on the well-known grounds of efficiency but also of … distribution. In addition to reducing the intra-household net-of-tax wage gap, individual taxation removes the opportunity for tax …
Persistent link: https://www.econbiz.de/10012963963