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Orszag, Jonathan Michael; Snower, Dennis J. - 1999

The analysis provides a new explanation for two widespread problems concerning European unemployment policy: the disappointingly small effect of many past reform measures on unemployment, and the political difficulties in implementing more extensive reform programs. We argue that the heart of...

Persistent link: https://www.econbiz.de/10010273118

The marginal cost of public funds: A brief guide

Bastani, Spencer - 2023

When deciding on the social desirability of public investment, the cost of a project is sometimes adjusted by a factor known as the Marginal Cost of Public Funds (MCP F ), which captures the cost of raising public funds through distortionary taxation. However, there is no scholarly consensus on...

Persistent link: https://www.econbiz.de/10014540891

Behavioural responses to income taxation in Norway

Graber, Michael; Mogstad, Magne; Torsvik, Gaute; … - 2022

In this report, we combine theory and empirical estimates for how labor earnings respond to changes in tax rates and unearned income. We use lottery winnings to obtain variation in unearned income and tax reforms to obtain variation in the net of tax rate. Combining this information with...

Persistent link: https://www.econbiz.de/10014540894

The optimal design of pensions and financial education, when individuals are biased and naive

Canta, Chiara; Leroux, Marie-Louise - 2022

This paper studies the optimal design of a pension system together with publicly-provided individualized financial education. Agents can invest in both a risky and a non risky asset and can either under- or over-estimate the expected return of the risky asset. We show that, under perfect...

Persistent link: https://www.econbiz.de/10014551711

Saving social security

Lane, Edward - 2024

reduced by roughly 25 percent or taxes will need to be increased by about 33 percent, or some combination to avoid benefit …

Persistent link: https://www.econbiz.de/10014581826

Imperfect Tagging Revisited

Rehn, Eric - 2007

Revisiting Parsons' 1996 article about disability insurance with imperfect tagging in a two type-economy -- individuals …. Finally Parsons' model is extended to three types: able, partially disabled and disabled - adapting the model to disability … insurances allowing for more than two degrees of disability. The results are consistent with Parsons', but a complete ranking of …

Persistent link: https://www.econbiz.de/10013208508

The Marginal Cost of Public Funds: A Brief Guide

Bastani, Spencer - 2023

When deciding on the social desirability of public investment, the cost of a project is sometimes adjusted by a factor known as the Marginal Cost of Public Funds (MCPF) which captures the cost of raising public funds through distortionary taxation. However, there is no scholarly consensus on...

Persistent link: https://www.econbiz.de/10014290232

Leveraging Wage Subsidies to Facilitate Fair Wages and Increase Social Welfare

Blumkin, Tomer; Pinhas, Haim; Zultan, Ro'i - 2017

Wage subsidies can be provided directly to the worker, as in the federal Earned Income Tax Credit (EITC) program. They can also be provided indirectly by subsidizing the employer; by reducing the cost of labor, employers are induced to offer higher wages. The standard literature stipulates that...

Persistent link: https://www.econbiz.de/10011744903

Estimating dynamic income responses to tax changes Massarrat-Mashhadi: Evidence from Germany

Massarrat-Mashhadi, Nima; Werdt, Clive - 2012

This paper provides new empirical insights on the elasticity of taxable income to the net-oftax rate. Using a panel of German income tax return data, we followed taxpayers from 2001 to 2006 to analyze the effects of the German tax reforms of 2004 and 2005. Implementing a dynamic model as...

Persistent link: https://www.econbiz.de/10010310982

Microsimulation of impacts of tax and transfer in Viet Nam: Feasibility study

Nguyen, Duong Anh - 2016

survey data shows the wide-ranging feasibility of simulating tax and benefit instruments, though more details are available …

Persistent link: https://www.econbiz.de/10011532402