In a partial equilibrium setting without price uncertainty, the balanced-budget substitution of an ad valorem tax on … output for a specific (unit) tax can enhance welfare in imperfectly competitive markets and is without impact in a …

the structure of efficient commodity tax programs. Households are not only concerned about consumption reference levels … --- that is, they gain utility from "keeping up with the Joneses" --- they also exhibit altruism. Two sets of efficient tax …-best personalized commodity tax rates respond highly sensitively (barely) to whether or not a consumption externality is asymmetric or …

profits. Monopsony power increases the tax incidence that falls on firms. This makes labor income taxes less (more) effective … in redistributing labor income (profits). The optimal tax schedule is less progressive. Monopsony power alleviates the …

heterogeneous effects of general equilibrium adjustments. Overall, taxing capital with a corporate income tax at the firm level … salient features of the 2013 U.S. tax system, reforms that shift tax burden from the firm to household side potentially result … in aggregate efficiency gains and overall welfare improving. However, the welfare benefits of these tax reforms are quite …

paper applies a computable general equilibrium (CGE) approach to study the effect of energy tax in the Australian economy …. Four different scenarios of green tax reform (GTR) are simulated to test the employment double dividend (EDD) potential …. All four scenarios simulate changes in energy tax and one of four tax revenue recycling policies including: (i) value …

local, ii) the cooperative equilibrium consumption taxes and we compare them to the non-cooperative tax rates, and iii …) cases where cooperative taxes are different between countries. In this framework, tax harmonization may not be the optimal …

the structure of effcient commodity tax programs. Households are not only concerned about consumption reference levels … - that is, they gain utility from "keeping up with the Joneses" - they also exhibit altruism. Two sets of efficient tax …-best personalized commodity tax rates respond highly sensitively (barely) to whether or not a consumption externality is asymmetric or …

society? How does an alternative tax policy compare to information disclosure? We develop a price theoretic model of … externalities. By randomizing product prices, we identify the optimal tax vector as an alternative policy and show that sizable …

society? How does an alternative tax policy compare to information disclosure? We develop a price theoretic model of … externalities. By randomizing product prices, we identify the optimal tax vector as an alternative policy and show that sizable …