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Optimal progressivity of personal income tax : a general equilibrium evaluation for Spain

Serrano-Puente, Darío - In: SERIEs : Journal of the Spanish Economic Association 11 (2020) 4, pp. 407-455

Is the Spanish economy positioned at its optimal progressivity level in personal income tax? This article quantifies the aggregate, distributional, and welfare consequences of moving toward such an optimal level. A heterogeneous households general equilibrium model featuring both life cycle and...

Persistent link: https://www.econbiz.de/10012389033

The elasticity of taxable income : new data and estimates for South Africa

Kemp, Johannes Hermanus - 2020

The elasticity of taxable income is a key tax policy parameter that plays an important role in the formulation of tax and transfer policy. This paper extends work by Kemp (2019) by using a new panel of individual tax returns and the phenomenon of 'bracket creep' to produce updated estimates of...

Persistent link: https://www.econbiz.de/10012181104

Optimal Taxation with Homeownership and Wealth Inequality

Borri, Nicola - 2020

We consider optimal taxation in a model with wealth-poor and wealth-rich households, where wealth derives from business capital and home ownership, and investigate the consequences of a rising wealth inequality at steady state on these tax rates. The optimal tax structure includes some taxation...

Persistent link: https://www.econbiz.de/10012846725

Optimal Income Taxes, Transfers and Inequality for an Atkinson-Based Social Welfare Function

Sattinger, Michael - 2022

By constructing a social welfare function that incorporates the explicit value judgments of Atkinson's measure of inequality, the paper develops implications of optimal income taxation derived using double limit analysis for transfers and inequality. The losses arising from transfers in the...

Persistent link: https://www.econbiz.de/10014237246

Price Subsidies Versus Public Provision

Blomquist, Soren; Christiansen, Vidar - 1998

The paper investigates whether price subsidization or public provision of a private good, x, is the more efficient redistributional instrument in addition to an optimal nonlinear income tax. The identify of high and low skill individuals is assumed to be private information generating a...

Persistent link: https://www.econbiz.de/10014063860

Income Inequality, Tax Progressivity and Tax Optimization Industry

Damjanovic, Tatiana - 2004

This paper investigates the relationship between tax base distribution and tax collection rate. We approach the tax collection problem using traditional industrial organization tools. Thus, we model the tax optimization industry and investigate the impact of the change in aggregate demand on the...

Persistent link: https://www.econbiz.de/10014073640

To redistribute or to predistribute? : the minimum wage versus income taxation when workers differ in both wages and working hours

Gerritsen, Aart - 2023

I consider the case for the minimum wage alongside (optimal) income taxes when workers differ in both wages and working hours, such that a given level of income corresponds to multiple wage rates. The minimum wage is directly targeted at the lowest-wage workers, while income taxes are at most...

Persistent link: https://www.econbiz.de/10014390442

To redistribute or to predistribute? : the minimum wage versus income taxation when workers differ in both wages and working hours

Gerritsen, Aart - 2023

Persistent link: https://www.econbiz.de/10014414309

Optimal commodity taxation and income distribution

Benassi, Corrado; Randon, Emanuela - 2015

We consider the interplay between income distribution and optimal commodity taxation, linking equity issues to optimal taxes through the effect of income distribution on market demand and its price elasticity. We find conditions to conciliate the equity and efficiency tradeoff and to assess the...

Persistent link: https://www.econbiz.de/10011715835

Commitments and the marital match: the effect of alimony reform on assortative matching

Fernández-Kranz, Daniel; Roff, Jennifer - 2021

This paper examines the effects of reforms that reduced alimony on matching in the marriage market. Recent literature … assortative matching, as women forgo specialization which may not be compensated upon divorce. Using state-level data on alimony … reform that reduced the entitlements of eligible spouses and American Community Survey data on marriage and the …

Persistent link: https://www.econbiz.de/10012703134