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We use a model of automation to show that with the current U.S. tax system, a fall in automation costs could lead to a massive rise in income inequality. This inequality can be reduced by raising marginal income tax rates and taxing robots. But this solution involves a substantial efficiency...
Persistent link: https://www.econbiz.de/10012453905
Using a quantitative model that features technical progress in automation and endogenous skill choice, we show that, given the current U.S. tax system, a sustained fall in automation costs can lead to a massive rise in income inequality. We characterize the optimal tax system in this model. We...
Persistent link: https://www.econbiz.de/10012948062
We study the immigration policy that maximizes the welfare of the native population in an economy where the government designs an optimal redistributive welfare system and supplies public goods. We show that when the government can design different tax systems for immigrants and natives, free...
Persistent link: https://www.econbiz.de/10012480100
We study the immigration policy that maximizes the welfare of the native population in an economy where the government designs an optimal redistributive welfare system and supplies public goods. We show that when the government can design different tax systems for immigrants and natives, free...
Persistent link: https://www.econbiz.de/10013223074
Persistent link: https://www.econbiz.de/10001803055
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Na and Shin (1998) showed that the veil of uncertainty can be conducive to the success of self-enforcing international environmental agreements. Later papers confirmed this negative conclusion about the role of learning. In the light of intensified research efforts worldwide to reduce...
Persistent link: https://www.econbiz.de/10003941040
Persistent link: https://www.econbiz.de/10012510940
Introduction to the Application of Game Theory in Fisheries Management -- Basic concepts in game theory -- Introduction to Non-cooperative Fisheries Games -- Two-Player Cooperative Games -- Cooperative Games in Fisheries with more than two Players -- Non-cooperative Coalition Formation Games in...
Persistent link: https://www.econbiz.de/10012399198