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We analyze optimal taxation of labor and capital income in a life-cycle framework with idiosyncratic income risk. We …
Persistent link: https://www.econbiz.de/10013016371
We analyze optimal taxation of labor and capital income in a life-cycle framework with idiosyncratic income risk. We …
Persistent link: https://www.econbiz.de/10013020515
taxation and relies on a comparative “precautionary principle” that finds little support in systematic thinking about …
Persistent link: https://www.econbiz.de/10012934183
highlights how market power impacts the efficiency and redistributive properties of sin taxation, and quantify these effects in an … application to sugar-sweetened beverage taxation. We estimate a detailed model of demand and supply for the UK drinks market …
Persistent link: https://www.econbiz.de/10012623743
this return inequality? I study capital taxation in an economy in which return rates endogenously correlate with wealth …
Persistent link: https://www.econbiz.de/10013233147
This paper deals with the consequences of the assumption of negatively interdependent preferences for the shape of the optimal nonlinera income tax and the efficient level of public good provision in a setting where the policy maker maximizes an inequality averse social welfare function and the...
Persistent link: https://www.econbiz.de/10012719410
What are the implications of (endogenous) directed technical change for the design of redistributive income taxes? I study this question in a Mirrleesian economy augmented to include endogenous technology development and adoption choices by firms. Under certain conditions, any progressive tax...
Persistent link: https://www.econbiz.de/10013314849
taxation in the tradition of Mirrlees (1971). Our results also apply to non-welfarist states which have income redistribution …
Persistent link: https://www.econbiz.de/10013318601
Paternalism, merit goods and specific egalitarianism are concepts we sometimes meet in the literature. The thing in common is that the policy maker does not fully respect the consumer sovereignty principle and designs policies according to some other criterion than individuals' preferences....
Persistent link: https://www.econbiz.de/10013318631
Tax competition for mobile capital can undermine the attempts of governments to redistribute income from rich to poor. I study whether international tax coordination can alleviate this problem, using a general equilibrium model synthesizing recent contributions to the tax competition literature....
Persistent link: https://www.econbiz.de/10013320914