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This paper develops a simulation model in order to examine the effectiveness of state attempts at redistribution under …-level redistribution are substantial, but state action may still be preferred to a federal policy that is at odds with preferences of a … state pursuing additional redistribution, but not a cost at the national level. -- fiscal federalism ; income redistribution …
Persistent link: https://www.econbiz.de/10009581381
Economists recommend Pigouvian taxes as the most efficient way to fight climate change. Yet, carbon taxes are difficult to implement politically. To understand why, we study Washington State's two failed carbon tax referendums from 2016 and 2018—the first such votes in the United States. We...
Persistent link: https://www.econbiz.de/10013217739
and expenditure assignments. This link reflects traditionally weak support for redistribution across jurisdictions. Grants …
Persistent link: https://www.econbiz.de/10012444566
), incorporates social occupations in the lab society, and allows for (voluntary) redistribution among subjects. The results show that …
Persistent link: https://www.econbiz.de/10011455517
redistribution and a modest effect of two year led inequality …
Persistent link: https://www.econbiz.de/10014544770
Building on the existing literature that examines the extent of redistribution in the Social Security system as a whole … inequality. Second, we find that this result is driven largely by the lack of redistribution across the middle and upper part of … distribution. Third, in cases where redistribution does occur, we find it is not efficiently targeted: many high income households …
Persistent link: https://www.econbiz.de/10003824985
Persistent link: https://www.econbiz.de/10009724349
; redistribution ; welfare …
Persistent link: https://www.econbiz.de/10009665381
We assess the effects of U.S. tax policy reforms on inequality by applying a new decomposition method allowing us to disentangle the policy effect from changing market incomes. Over the period 1979-2007, the cumulative policy effect aggravated inequality by increasing the income share of the top...
Persistent link: https://www.econbiz.de/10010229895
tax ; wealth ; inequality ; redistribution …
Persistent link: https://www.econbiz.de/10009674939