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This Handbook entry presents a conceptual, normative overview of the subject of taxation. It emphasizes the relationships among the main functions of taxation—notably, raising revenue, redistributing income, and correcting externalities—and the mapping between these functions and various...
Persistent link: https://www.econbiz.de/10014023506
Redistribution is usually understood in terms of income; as a way to rank individuals as well as to determine taxable … including the HFCS data into the microsimulation model EUROMOD we add two novel aspects to the literature. First, we include the …
Persistent link: https://www.econbiz.de/10011864870
Microsimulation models of the LOTTE system are key tools for tax policy-making in Norway and are extensively used in … microsimulation models, we give examples of how the models are used in practical and academic work. …
Persistent link: https://www.econbiz.de/10014432182
redistribution. Although they are in most cases strongly progressive, the low redistributive effect is mainly due to their small size …
Persistent link: https://www.econbiz.de/10012293638
We present a general-equilibrium behavioural microsimulation model designed to assess long-run macroeconomic, fiscal …. General-equilibrium feedback effects are simulated by embedding microsimulation in a parsimonious macro model of a small open …. We find that the policy measures introduced since 2008 substantially increase income inequality in the long run; the …
Persistent link: https://www.econbiz.de/10012054673
Tony Atkinson is universally celebrated for his outstanding contributions to the measurement and analysis of inequality …, but he never saw the study of inequality as a separate branch of economics. He was an economist in the classical sense …
Persistent link: https://www.econbiz.de/10011703653
Specialized theoretical and empirical research should in principle be embedded in a unified framework that identifies the relevant interactions among different phenomena, enables an appropriate matching of policy instruments to objectives, and grounds normative analysis in individuals' utilities...
Persistent link: https://www.econbiz.de/10012174286
impact of reforms and account for labour supply responses, I apply a microsimulation decomposition framework to poverty gap …Policy makers are generally interested in both the anti-poverty impact and the efficiency of reforms. To connect these … two dimensions, I measure the poverty gap change per unit of net revenue that tax-benefit reforms produce. To isolate the …
Persistent link: https://www.econbiz.de/10012175984
Generous income support programs as provided by European welfare states have often been blamed to hamper employment. This paper investigates the importance of incentives inherent in the tax-benefit system for the individual decision to take up work. Using German microdata over the period...
Persistent link: https://www.econbiz.de/10011289240
Generous income support programs as provided by European welfare states have often been blamed to hamper employment. This paper investigates the importance of incentives inherent in the tax-benefit system for the individual decision to take up work. Using German microdata over the period 1993 -...
Persistent link: https://www.econbiz.de/10011299149