Taxes in a Wealth Distribution Model by Inelastically Scattering of Particles

In this work we use an inelastic scattering process of particles to propose a model able to reproduce the salient features of the wealth distribution in an economy by including taxes to each trading process and redistributing that collected among the population according to a given criterion. Additionally, we show that different optimal levels of taxes may exist depending on the redistribution criterion.

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Year of publication:	2009
Authors:	Guala, Sebastian
Published in:	Interdisciplinary Description of Complex Systems - scientific journal. - Croatian Interdisciplinary Society Provider Homepage: http://indecs.eu, ISSN 1334-4676. - Vol. 7.2009, 1, p. 1-7
Publisher:	Croatian Interdisciplinary Society Provider Homepage: http://indecs.eu
Subject:	wealth distribution \| inelastic collisions

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Extent:	application/pdf
Type of publication:	Article
Classification:	H21 - Efficiency; Optimal Taxation ; H23 - Externalities; Redistributive Effects ; Environmental Taxes and Subsidies ; H30 - Fiscal Policies and Behavior of Economic Agents. General
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005082603