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reduce the tax rate on capital income. The third model introduces differential rates of return to capitals of different sizes …
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(positive) impact on households' consumption (savings), even after we control for family income. We argue that people save to …Using the Chinese urban household survey data between 1997 and 2006, we find that income inequality has a negative … improve their social status when social status is associated with pecuniary and non-pecuniary benefits. Rising income …
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In the presence of means tested basic income for old age, households will tend to reduce precautionary savings to an … representative agent framework with two income types, compulsory savings are found to be Pareto-improving up to a point. Beyond that …
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This paper analyses the impacts of indirect tax policy reforms on income distribution and poverty in Tanzania by … government tax revenue and a neutral effect on income distribution and poverty. The results of the second reform find a positive … effect on household income distribution and consumption. The findings show that, despite increasing unequal income …
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