rigidity imposes major welfare losses, in contrast to flexibility of worktime for all in the Netherlands, which has the best … work-life balance. Stagnating real wages and rising employer market power and inequality follow declining unionisation, but … provide major welfare gains. …

This paper illustrates how Lorenz Curves can be used to identify the best income distribution on social welfare grounds … using specific functional forms of the Social Welfare Function (SWF) to infer welfare judgments, the rationale for using …

on social welfare grounds within a set of alternative income distributions generated by different policy options. It … welfare grounds on the basis of Shorrocks’ Theorem. After observing that Shorrocks’ Theorem is not applicable, because GL … curves cross once, necessary additional conditions, such as restrictions on the features of the Social Welfare Function (SWF …

profits. Balanced growth paths, transitional dynamics and welfare costs are computed. Our results indicate that the 2000 … Income Tax Act leads to higher per capita income and investment, but lower welfare. A sensitivity analysis shows the results …

The proposal involves the establishment of 'welfare accounts' for every person in a country. There are to be four … of the current welfare state systems - where welfare services are financed predominantly out of general taxes - people … would make ongoing, mandatory contributions to each of these welfare accounts. The balances in these accounts would cover …

This paper focuses on the study of the effects on social welfare generated by the scheme of joint taxation of the … - with data from the Survey on Income and Living Conditions corresponding to 2016. In order to measure the welfare, the … results show that the Spanish system is revealed as a generator of additional welfare linked both to the circumstance of …

compare the short-run welfare characteristics of a means-tested basic income system to the ones obtained under traditional … welfare. We find that for a liberal social planner, who considers both consumption and leisure as enhancing individual …'s utility, a means-tested basic income dominates traditional welfare, represented by an optimal Earned Income Tax Credit (EITC …