Showing 1 - 10 of 509
The impact of changing an individual's skill level on the solution to a finite population version of the Mirrlees optimal nonlinear income tax problem with quasilinear-in-leisure preferences is investigated. It is shown that it is possible to sign the directions of change in everyone's optimal...
Persistent link: https://www.econbiz.de/10005595887
The Nash equilibria of a tax-setting game between two governments who can set nonlinear income tax schedules for a perfectly mobile workforce whose members differ in unobserved skill levels are examined. Each government maximizes the average utility of its residents. It is shown that while...
Persistent link: https://www.econbiz.de/10005595913
A necessary and sufficient condition for dominant strategy implementability when preferences are quasilinear is that, for any individual i and any choice of the types of the other individuals, all k-cycles in i's allocation graph have nonnegative length for every integer k � 2. Saks and Yu...
Persistent link: https://www.econbiz.de/10009024825
Social welfare dominance criteria based on critical-level generalized utilitarian social welfare functions are investigated. An analogue of a generalized Lorenz curve called a generalized concentration curve is introduced. For a fixed critical utility level c, a partial order of utility...
Persistent link: https://www.econbiz.de/10005595874
Majority voting over the nonlinear tax schedules proposed by a continuum of citizen candidates is considered. The analysis extends the finite-individual model of Röell (unpublished manuscript, 2012). Each candidate proposes the tax schedule that is utility maximal for him subject to budget and...
Persistent link: https://www.econbiz.de/10011246094
Majority voting over the nonlinear tax schedules proposed by a continuum of citizen candidates is considered. The analysis extends the finite-individual model of Röell (unpublished manuscript, 2012). Each candidate proposes the tax schedule that is utility maximal for him subject to budget and...
Persistent link: https://www.econbiz.de/10011261646
The impacts of changing the number of individuals of a particular skill level on the solutions to two versions of the finite population optimal nonlinear income tax problem are investigated. In one version, preferences are quasilinear-in-leisure. For this version, it is shown that it is possible...
Persistent link: https://www.econbiz.de/10008692912
Majority voting over the nonlinear tax schedules proposed by a continuum of citizen candidates is considered. The analysis extends the finite-individual model of Röell (unpublished manuscript, 2012). Each candidate proposes the tax schedule that is utility maximal for him subject to budget and...
Persistent link: https://www.econbiz.de/10011168560
Optimal nonlinear taxation of income and savings is considered in a two-period model with two individuals who have additively separable preferences and who only differ in their skill levels. When the government can commit to its second period policy, taxes on savings do not form part of the...
Persistent link: https://www.econbiz.de/10005595907
Comparative static properties of the solution to an optimal nonlinear income tax problem are provided for a model in which the government both designs an income tax schedule for redistributive purposes and provides a public good optimally. There are two types of individuals, distinguished by...
Persistent link: https://www.econbiz.de/10005585291