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Risk aversion and other factors determine income redistribution preferences
Gärtner, Manja; Mollerstrom, Johanna - In: DIW weekly report : economy, politics, science : a … 8 (2018) 17/18, pp. 151-156
The amount of redistribution people favor depends on socioeconomic factors and their views on fairness. This study … less redistribution, women are more in favor of redistribution than men on average, and older people favor it more than … more redistribution than people who are more prone to taking risks. The results help us understand which policies are …
Persistent link: https://www.econbiz.de/10011843068
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Redistribution and Risk Sharing in Italy : Learning from the Past
Petraglia, Carmelo - 2017
This paper investigates the role of public policies in Italy by assessing both the redistribution and risk sharing … dynamics of regional convergence. Moving from 1951–65 to 1983–92, interregional redistribution increases from 10%–18% to 19 …
Persistent link: https://www.econbiz.de/10012969798
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Inequality, life expectancy, and the intragenerational redistribution puzzle : some experimental evidence
Krieger, Tim; Meemann, Christine; Traub, Stefan - 2022
In most OECD countries, pension reform policy has decreased the level of intragenerational redistribution over the last … three decades, that is, redistribution among members of the same generation with high and low pension entitlements. This … relationship between inequality of entitlements, mortality risk, and the size of redistribution in a stylized social security …
Persistent link: https://www.econbiz.de/10013184496
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Private Road Networks with Uncertain Demand
Fu, Xinying - 2017
We study the efficiency of private supply of roads under demand uncertainty and evaluate various regulatory policies. Due to demand uncertainty, capacity is decided before demand is known, but tolls can be adjusted after demand is known. Policy implications can differ considerably from those...
Persistent link: https://www.econbiz.de/10012962709
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Private Road Networks with Uncertain Demand
Fu, Xinying - 2017
We study the efficiency of private supply of roads under demand uncertainty and evaluate various regulatory policies. Due to demand uncertainty, capacity is decided before demand is known but tolls can be adjusted after demand is known. Policy implications can differ from those under...
Persistent link: https://www.econbiz.de/10012971293
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Accounting for Uncertainty Affecting Technical Change in an Economic-Climate Model
Bosetti, Valentina; Drouet, Laurent - 2006
The key role of technological change in the decline of energy and carbon intensities of aggregate economic activities is widely recognized. This has focused attention on the issue of developing endogenous models for the evolution of technological change. With a few exceptions this is done using...
Persistent link: https://www.econbiz.de/10014060375
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Redistribution and insurance with simple tax instruments
Findeisen, Sebastian; Sachs, Dominik - 2015
provide a novel decomposition of labor income tax formulas into a redistribution and an insurance component. The latter is … capital tax is non-zero and trades off redistribution and insurance against savings distortions. Our quantitative results … bound on optimal taxes: even for welfare functions that do not value redistribution, marginal tax rates are positive for all …
Persistent link: https://www.econbiz.de/10011283108
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Redistribution and Insurance with Simple Tax Instruments
Findeisen, Sebastian - 2015
provide a novel decomposition of labor income tax formulas into a redistribution and an insurance component. The latter is … capital tax is non-zero and trades off redistribution and insurance against savings distortions. Our quantitative results … bound on optimal taxes: even for welfare functions that do not value redistribution, marginal tax rates are positive for all …
Persistent link: https://www.econbiz.de/10013020515
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Redistribution and Insurance with Simple Tax Instruments
Findeisen, Sebastian - 2015
provide a novel decomposition of labor income tax formulas into a redistribution and an insurance component. The latter is … capital tax is non-zero and trades off redistribution and insurance against savings distortions. Our quantitative results … bound on optimal taxes: even for welfare functions that do not value redistribution, marginal tax rates are positive for all …
Persistent link: https://www.econbiz.de/10013016371
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Optimal Redistributive Policy Under Disaster Risk : Self-Protection and Social Mitigation
Tsugawa, Shuichi - 2021
This paper examines the optimal mixed taxation of polluting goods and subsidies for self-protection under nonlinear income tax. The novel contribution of this paper is to take disaster risk into account, the probability which is determined by the total amount of polluting goods consumed by all...
Persistent link: https://www.econbiz.de/10013322085