Similar Search Results

Optimal Monetary Policy with Redistribution

La'O, Jennifer; Morrison, Wendy A. - National Bureau of Economic Research - 2024

We study optimal monetary policy in a general equilibrium economy with heterogeneous agents and nominal rigidities. Households differ in type-specific, state-contingent labor productivity and initial firm ownership, yet markets are complete. The fiscal authority has access to a linear tax...

Persistent link: https://www.econbiz.de/10015072863

Bracket creep revisited : progressivity and a solution by adjusting the rich tax in Germany

Flores Unzaga, Ismael Martin; Zhu, Junyi - 2014 - Preprint, Preliminary

This paper studies the redistributive and revenue effects of bracket creep in Germany under various inflation scenarios … micro-simulation model developed for the newly available PHF data, we document an inverted U-shaped overall redistribution …-between approach is proposed to raise the marginal tax rate for the top bracket to compensate the government revenue loss due to …

Persistent link: https://www.econbiz.de/10010385846

Economic integration and redistribuitive taxation

Haufler, Andreas; Klemm, Alexander; Schejederup, Guttorm - 2006

We set up a simple political economy model where economic integration raises the profitability of multinational firms. In this setting redistributive taxation may rise following economic integration, if the effects of the widened income gap dominate the higher excess burden of the tax.

Persistent link: https://www.econbiz.de/10010439374

Human capital and optimal redistribution : conference paper

Koeniger, Winfried; Prat, Julien - 2014 - Preliminary and incomplete

We show that more human capital improves incentives in a standard optimal taxation problem: common assumptions about … human capital. Human capital thus reduces the informational rents of high ability types and relaxes the incentive … constraints. Since parents do not take the effect of human capital on incentives into account when choosing how much to invest …

Persistent link: https://www.econbiz.de/10010483219

Biased perceptions of income inequality and redistribution : conference paper

Engelhardt, Carina; Wagener, Andreas - 2014

and the extent of redistribution in democratic regimes though such a link does not exist when objective measures of …

Persistent link: https://www.econbiz.de/10010484388

Is there a gender gap in preferences for public spending? : evidence from Germany ; conference paper

Haußen, Tina - 2014

In several empirical contributions researchers have found a gender gap in preferences for public spending. This paper analyzes the persistence of these gender gaps when income differences between individuals are taken into consideration. Using survey data from the years 1996 and 2006 of German...

Persistent link: https://www.econbiz.de/10010491156

The scope for progressive tax reform in the OECD countries : a macroeconomic perspective with a case study for Germany

Godar, Sarah; Paetz, Christoph; Truger, Achim - 2015

taxation. Furthermore, from a Keynesian macroeconomic perspective redistribution may even be systematically conducive to growth … and employment. At the same time a change towards such a policy of redistribution may for some economies, particularly the …

Persistent link: https://www.econbiz.de/10010519198

Interregional inequality and federal expenditures and transfers in Russia

Torbenko, Alexander M. - 2014

The paper considers the influence of federal government expenditures and transfers on interregional convergence in gross regional product (GRP) per capita and wages in Russia over 2005-2011. Such an influence is not found. The federal government's policy was reactive and was not focused on...

Persistent link: https://www.econbiz.de/10011504486

Islam, inequality and pre-industrial comparative development

Michalopulos, Stelios; Naghavi, Alireza; Prarolo, Giovanni - 2014

redistribution featuring direct income transfers in return for safe passage to conduct trade. A commitment problem, however, rendered … a merely static redistribution system unsustainable. Islam added a set of dynamic redistributive rules that were self …

Persistent link: https://www.econbiz.de/10011716022

Does inequality harm democracy? : an empirical investigation on the UK

Soci, Anna; Maccagnan, Anna; Mantovani, Daniela - 2014

This paper presents an empirical investigation about the effect of an increase in economic inequality on some aspects of the quality of a democracy. The main novelty of the paper lies in its methodology: it applies to a single country (instead of a pool of countries) - the UK - in a long run...

Persistent link: https://www.econbiz.de/10011729102