Showing 1 - 10 of 970,110
This papers quantifies the redistributive effects on progressivity, poverty and welfare, that would occur if the … poverty reducing as the one in force (or more in some dimensions), and a generator of greater welfare. …
Persistent link: https://www.econbiz.de/10012008734
results are interpreted in terms of poverty and inequality statistics while closely looking into the assumptions of the … inequality decidedly compared to current levels. This effect is even stronger in the second scenario, however, it results in … unrealistically high tax rates, especially for Italy. The impact on poverty and inequality of the HNIT scheme is markedly higher for …
Persistent link: https://www.econbiz.de/10011751668
revenues and increase inequality, by reducing the progressivity of the personal tax system. A proposed reform package that …-wage earners would make inroads into poverty and inequality while encouraging formal work. This paper accompanies and extends the …
Persistent link: https://www.econbiz.de/10012202861
and full-time work, respectively. We estimate labor supply reactions and welfare effects using a microsimulation model … that provides improved incentives to work full-time has negligible effects on overall labor supply. With equal welfare … weights, aggregate welfare gains are realizable under all three reforms. …
Persistent link: https://www.econbiz.de/10011298903
and full-time work, respectively. We estimate labor supply reactions and welfare effects using a microsimulation model … that provides improved incentives to work full-time has negligible effects on overall labor supply. With equal welfare … weights, aggregate welfare gains are realizable under all three reforms. …
Persistent link: https://www.econbiz.de/10011305299
-tested policies; coverage; flat vs. progressive tax rules. Using a microeconometric model and a social welfare methodology, we … comparative statics interpretation of the results. The social welfare optimal policy is an unconditional transfer coupled with a … wage subsidy, with a total benefit amounting to about 70% of the poverty level, or - depending on the social welfare …
Persistent link: https://www.econbiz.de/10010339564
We evaluate the effects of permanently reducing labour tax rates in the euro area (EA) by simulating a large-scale open economy dynamic general equilibrium model. The model features the EA as a monetary union, split in two regions (Home and the rest of the EA - REA), the US, and the rest of the...
Persistent link: https://www.econbiz.de/10011792134
In the presence of means tested basic income for old age, households will tend to reduce precautionary savings to an inefficiently low level. We explore how this might serve as a justification for a compulsory public pension system. In a representative agent framework with two income types,...
Persistent link: https://www.econbiz.de/10014124681
A substantial literature addresses the design of transfer programs and policies, including the negative income tax, other means-tested transfers, the earned income tax credit, categorical assistance, and work inducements. This work is largely independent of that on the optimal nonlinear income...
Persistent link: https://www.econbiz.de/10012733176
income can be expected to be spent spuriously, as evidenced in theory & practice. The first section is based heavily on …
Persistent link: https://www.econbiz.de/10013064416