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Education, growth, and redistribution in the presence of capital flight

Chakrabarty, Debajyoti (contributor); … - 2006

Persistent link: https://www.econbiz.de/10003377783

Education, Growth, and Redistribution in the Presence of Capital Flight

Chakrabarty, Debajyoti; Chanda, Areendam; Ghate, Chetan - 2006

We construct an overlapping generations model to study the effect of capital controls on human capital investments and the incidence of redistributive politics in a growing economy. We argue that the conventional wisdom linking higher capital controls to lower growth is reproduced only when an...

Persistent link: https://www.econbiz.de/10010263568

Social security, inequality and growth

Le Garrec, Gilles (contributor) - 2005

Persistent link: https://www.econbiz.de/10003304910

Redistribution with unequal life expectancy

Köhne, Sebastian - 2023

optimal income tax policy using theory and calibration. A positive association between life expectancy and income counteracts … the well-known static pattern of declining marginal utility. As a result, the mechanical value of redistribution is … effects of the mechanical value of redistribution dominate, and the optimal marginal tax rates fall by up to 10 percentage …

Persistent link: https://www.econbiz.de/10014382962