This paper develops a simulation model in order to examine the effectiveness of state attempts at redistribution under …-level redistribution are substantial, but state action may still be preferred to a federal policy that is at odds with preferences of a … state pursuing additional redistribution, but not a cost at the national level …

higher level of income redistribution calls for a lower level of Pigouvian taxation. More redistribution implies higher … decreases. With first-best instruments, however, the relation between levels of redistribution and Pigouvian taxation is …How is the optimal level of Pigouvian taxation influenced by distributive concerns? With second-best instruments, a …

approach finds support in the economic literature, which postulates that redistribution through the tax system is more …

taxation. The major contribution is the simultaneous treatment of (i) warm-glow and stigma effects of charitable donations; (ii …

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 … disapproves of bequeathing, bequest taxation becomes slightly more desirable …

We study a simple model of production, accumulation, and redistribution, where agents are heterogeneous in their …

, the effectiveness of the electricity tariff as a redistribution device is questionable in the presence of a progressive … and income taxation. We employ a large panel data set on about 105,000 households in the Swiss Canton of Bern from 2008 to … model predicts that electricity prices should be subsidised in the presence of purely income redistribution concerns, we …

characterize the relationship between climate and redistributional policy in an optimal taxation model that explicitly accounts for …

We analyze optimal taxation of labor and capital income in a life-cycle framework with idiosyncratic income risk. We … provide a novel decomposition of labor income tax formulas into a redistribution and an insurance component. The latter is … capital tax is non-zero and trades off redistribution and insurance against savings distortions. Our quantitative results …