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inequality induces more government redistribution; (2) more government redistribution is financed by higher distortionary … inequality-growth transmission channel they propose, must therefore be assessed as overly simplistic and inadequate with respect …
Persistent link: https://www.econbiz.de/10010306778
We assess the effects of U.S. tax policy reforms on inequality by applying a new decomposition method allowing us to … inequality by increasing the income share of the top 20% in contrast to the middle class' share. The tax policy effect accounts … for up to 29% of the total change in inequality; its contribution increases up to 41% if we take into account behavioral …
Persistent link: https://www.econbiz.de/10010329226
model with pollution as an aggregate externality. The decisive voter chooses redistribution contributing to abatement …, efficiency and growth. We find that left regimes, choosing more progressive redistribution, maintain better environmental quality …, which supports empirical research. Inequality does not appear to be harmful for the environment, and it dampens the effect …
Persistent link: https://www.econbiz.de/10010262943
according to which (1) rising inequality induces more government redistribution; (2) more government redistribution is financed …, as well as the specific inequality-growth transmission channel they propose, must therefore be assessed as overly …
Persistent link: https://www.econbiz.de/10010263391
helps to understand the high levels of inequality. The contemporary fiscal version of that assertion goes something like … 'the rich are powerful and they dont like taxes, hence we have little taxation and little redistribution.' That is a good … taxation and non-negligible redistributive efforts. But in some of those cases such redistribution comes hand in hand with …
Persistent link: https://www.econbiz.de/10014564012
We assess the effects of U.S. tax policy reforms on inequality by applying a new decomposition method allowing us to … inequality by increasing the income share of the top 20% in contrast to the middle class' share. The tax policy effect accounts … for up to 29% of the total change in inequality; its contribution increases up to 41% if we take into account behavioral …
Persistent link: https://www.econbiz.de/10010229895
inequality induces more government redistribution; (2) more government redistribution is financed by higher distortionary … inequality-growth transmission channel they propose, must therefore be assessed as overly simplistic and inadequate with respect …
Persistent link: https://www.econbiz.de/10010486797
on the demand and supply side have weakened redistribution over time and contributed to a new wave of populism. We …
Persistent link: https://www.econbiz.de/10012518977
Persistent link: https://www.econbiz.de/10012422622
Persistent link: https://www.econbiz.de/10012425419