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Does redistribution increase inequality? Is inequality harmfiil for growth? Both questions have recently been addressed … in a number of single-tax models. In this paper, I examine the relationship between policy, growth and inequality when …. Redistributive labor income taxation has a negative impact on short- and long-run growth and inequality while capital taxation …
Persistent link: https://www.econbiz.de/10009774711
for missing credit and insurance markets. The resulting tradeoffs for growth and efficiency are explored, both … to higher income growth than taxes and transfers, but at the cost of lower insurance. Overall efficiency is assessed …
Persistent link: https://www.econbiz.de/10005124288
distribution. We find that economic growth is good for the rich in the sense that the mean income of the top decile of the … growth is really good for the really rich. We also find that during economic downturns, the average income of top earners …
Persistent link: https://www.econbiz.de/10011271631
When measuring income inequality over long periods of time, accounting for population and productivity growth is … income growth than the standard measure. We apply these measures to long-term income data from the United States and find … growth since 1980 than when keeping top groups fixed. For earlier historical periods, our analysis shows that choice of …
Persistent link: https://www.econbiz.de/10011939792
, income distribution influences the stringency of environmental policy and consequently the growth of a country. Individuals … inequality, environmental protection, and growth. …
Persistent link: https://www.econbiz.de/10011608600
macroeconomic imbalances, high inflation, low growth, as well as low-quality public policies. When redistributive efforts are short … that reduce growth and thwart poverty reduction efforts. The argument of this paper is that there are various possible …
Persistent link: https://www.econbiz.de/10014546295
, income distribution influences the stringency of environmental policy and consequently the growth of a country. Individuals … inequality, environmental protection, and growth. …
Persistent link: https://www.econbiz.de/10011090302
) income distribution dynamics, intergenerational community formation and growth. In a world in which redistributive policies … long run. -- growth ; Community formation ; human capital ; redistribution ; social mobility …
Persistent link: https://www.econbiz.de/10009615432
A part of the current literature on human capital accumulation claims that individuals may prefer to pay taxes that may distort their labor/leisure, and saving/consumption decisions to finance a public education system. Because, this makes it possible for the future members of their family to...
Persistent link: https://www.econbiz.de/10005345626
) income distribution dynamics, intergenerational community formation and growth. In a world in which redistributive policies …
Persistent link: https://www.econbiz.de/10014127229