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This paper presents baseline results from the latest version of EUROMOD (version G3.0+), the tax-benefit microsimulation model for the EU-28. First, we briefly report the process of updating EUROMOD. We then present indicators for income inequality and risk of poverty using EUROMOD and discuss...
Persistent link: https://www.econbiz.de/10011537145
wage setting and fiscal redistribution policy. We find that search frictions are less important for wages of the low …) gaining due to the redistribution. …
Persistent link: https://www.econbiz.de/10011541119
Persistent link: https://www.econbiz.de/10011562558
We review the literature on the public choice approach to explaining redistribution policies. The focus is on policies … that are pursued with the sole reason to redistribute initial endowments. Moreover, we restrict ourselves to redistribution … in democracies. In democratic settings, generic redistribution games lack equilibria. Structure-inducing rules that give …
Persistent link: https://www.econbiz.de/10011565576
We examine preferences for redistribution inherent in Swedish tax policy 1971-2012 using the inverse optimal tax …
Persistent link: https://www.econbiz.de/10011566489
Regional productivity differences provide scope for productivity-enhancing labor mobility. Redistribution reduces …, productivity-enhancing migration margin, we determine how regional inequality and labor mobility affect optimal redistribution …
Persistent link: https://www.econbiz.de/10010469268
Persistent link: https://www.econbiz.de/10010471918
the relationship between income redistribution (measured by the ratio of the income distribution resulting from market … processes and the income distribution after redistribution) and ethno-linguistic fractionalization. We find that the impact of … ethno-linguistic fractionalization on income redistribution is conditional on the level of economic freedom: countries that …
Persistent link: https://www.econbiz.de/10010474859
This paper provides a novel justification for using a minimum wage to supplement an optimal tax-and-transfer system. We demonstrate that if labor supply decisions are concentrated along the intensive margin and employment is efficiently rationed, a minimum wage can be socially beneficial by...
Persistent link: https://www.econbiz.de/10010402108
This paper studies the design of tax systems that implement a planner's second-best allocation in a market economy. An example shows that the widely used Mirrleesian (1976) tax system cannot implement all incentive-compatible allocations. Hammond's (1979) "principle of taxation" proves that any...
Persistent link: https://www.econbiz.de/10010403177