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justness. For the latter we use a novel question from the German Socio-Economic Panel. We find that the minimum absolute … sacrifice principle is in line with social weights that decline with net income. Absolute subjective justness is roughly in line …
Persistent link: https://www.econbiz.de/10011729171
A common assumption in the optimal taxation literature is that the social planner maximizes a welfarist social welfare function with weights decreasing with income. However, high transfer withdrawal rates in many countries imply very low weights for the working poor in practice. We extend the...
Persistent link: https://www.econbiz.de/10011897232
deserve tax breaks. We demonstrate that the German tax-transfer system conflicts with a welfarist inequality averse social … planner. It is consistent with a planner who is averse to both inequality and high tax liabilities. The tax-transfer schedule … European countries and the USA and show that their redistributive systems can be rationalized with an inequality averse social …
Persistent link: https://www.econbiz.de/10012876120
A common assumption in the optimal taxation literature is that the social planner maximizes a welfarist social welfare function with weights decreasing with income. However, high transfer withdrawal rates in many countries imply very low weights for the working poor in practice. We extend the...
Persistent link: https://www.econbiz.de/10011902082
justness. For the latter we use a novel question from the German Socio-Economic Panel. We find that the minimum absolute … sacrifice principle is in line with social weights that decline with net income. Absolute subjective justness is roughly in line …
Persistent link: https://www.econbiz.de/10011721857
justness. For the latter we use a novel question from the German Socio-Economic Panel. We find that the minimum absolute … sacrifice principle is in line with social weights that decline with net income. Absolute subjective justness is roughly in line …
Persistent link: https://www.econbiz.de/10011729364
justness. For the latter we use a novel question from the German Socio-Economic Panel. We find that the minimum absolute … sacrifice principle is in line with social weights that decline with net income. Absolute subjective justness is roughly in line …
Persistent link: https://www.econbiz.de/10011795302
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
We show how normative standpoints determine optimal taxation of wealth. Since wealth is not equal to capital, we find very different welfare implications of land rent-, bequest- and capital taxation. It is mainly land rents that should be taxed. We develop an overlapping generations model with...
Persistent link: https://www.econbiz.de/10012162503
I consider the case for the minimum wage alongside (optimal) income taxes when workers differ in both wages and working hours, such that a given level of income corresponds to multiple wage rates. The minimum wage is directly targeted at the lowest-wage workers, while income taxes are at most...
Persistent link: https://www.econbiz.de/10014390442