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Household incomes in New Zealand: The impact of the market, taxes and government spending, 1987/88–1997/98

Crawford, Ron; Johnston, Grant - Treasury, Government of New Zealand - 2004

How well have New Zealand households fared over a decade of extensive economic and social changes? This study compares household incomes in 1997/98 with household incomes in 1987/88, using the concept of "final income". Final income is a measure of the income accruing to households after...

Persistent link: https://www.econbiz.de/10005121013

INCOMPLETE PROPERTY RIGHTS, REDISTRIBUTION, AND EFFICIENCY

Amegashie, J. Atsu - Department of Economics and Finance, College of … - 2007

In a world where the private protection of property is costly, government redistribution can lead to an increase in … aggregate output. I find that while redistribution increases aggregate output, it may make some members of the society worse off … indirectly do so through the redistribution of income. Indeed, under certain conditions, redistribution becomes desirable in …

Persistent link: https://www.econbiz.de/10005429833

Heterogeneity, Redistribution, and the Friedman Rule

Bhattacharya, Joydeep; Haslag, Joseph; Martin, Antoine - Department of Economics, Iowa State University - 2004

We study several popular monetary models which generate a non-degenerate stationary distribution of money holdings. Across these environments, our principal finding is as follows: a monetary policy that sets long run nominal interest rates to zero (the Friedman rule) does not typically maximize...

Persistent link: https://www.econbiz.de/10005433468

Inequality, Technology, and the Social Contract

Bénabou, Roland - Woodrow Wilson School of Public and International … - 2003

The distribution of human capital and income lies at the center of a nexus of forces that shape a country’s economic, institutional and technological structure. I develop here a unified model to analyze these interactions and their growth consequences. Five main issues are addressed. First, I...

Persistent link: https://www.econbiz.de/10005435966

Existence of a Condorcet winner when voters have other-regarding preferences

Dhami, Sanjit; al-Nowaihi, Ali - Department of Economics, Leicester University - 2007

In standard political economy models, voters are ‘self-interested’ i.e. care only about ‘own’ utility. However, the emerging evidence indicates that voters often have ‘other-regarding preferences’ (ORP), i.e., in deciding among alternative policies voters care about their payoffs...

Persistent link: https://www.econbiz.de/10005561937

Längere Rentenbezugsdauer der Hochverdiener berücksichtigen: Acht Fragen an Friedrich Breyer

In: DIW Wochenbericht 76 (2009) 5, pp. 83-83

Persistent link: https://www.econbiz.de/10005566149

From Unemployment Benefits to Unemployment Accounts

Orszag, J. Michael; Snower, Dennis - Institute for the Study of Labor (IZA) - 2002

We explore the implications of replacing current unemployment benefit (UB) systems by unemployment accounts (UA). Under the UA system, employed people would be required to make ongoing contributions to their unemployment accounts, and the balances in these accounts would then be available to...

Persistent link: https://www.econbiz.de/10005566498

Equity and Equality

Duclos, Jean-Yves - Institute for the Study of Labor (IZA) - 2006

Is horizontal equity (HE) the "most widely accepted principle of equity"? Or does it stand in "opposition to the advancement of human welfare"? This paper argues that the case for the HE principle is not as straightforward as is usually thought and that it requires advanced notions of justice...

Persistent link: https://www.econbiz.de/10005566806

Misreporting, retroactive audit and redistribution.

Spaeter, Sandrine; Willinger, Marc - Bureau d'Économie Théorique et Appliquée (BETA), … - 2006

caught to fraud in the current period or to adopt an action that is not desirable for Society. Coupled with redistribution … order to fight efficiently against deviation. Redistribution and retroactivity may have opposite effects on the behavior of …

Persistent link: https://www.econbiz.de/10005570186

Income inequality and the tax structure: Evidence from developed and developing countries

Adam, Antonis; Kammas, Pantelis; Lapatinas, Athanasios - In: Journal of Comparative Economics 43 (2015) 1, pp. 138-154

This paper seeks to examine the effect of income inequality on the structure of tax policies. We first use a simplified theoretical framework which allows us to formalize the testable implications of the relevant literature. Subsequently, our analysis indicates that more unequal economies rely...

Persistent link: https://www.econbiz.de/10011190837