Search Results - subject:"median voter equilibrium"

Majority voting and the welfare implications of tax avoidance

Traxler, Christian - 2009

A benchmark result in the political economy of taxation is that majority voting over a linear income tax schedule will result in an inefficiently high tax rate whenever the median voter has a below average income. The present paper examines the role of tax avoidance for this welfare assessment....

Persistent link: https://www.econbiz.de/10010266986

Majority Voting and the Welfare Implications of Tax Avoidance

Traxler, Christian - Max-Planck-Institut zur Erforschung von … - 2009

. JEL classiflcation: H26; D72; D6. Keywords: Tax avoidance; welfare analysis; majority voting; median voter equilibrium … assessing the welfare properties of the median voter equilibrium which hold independently of whether or not the median voter … Proposition 2 The median voter equilibrium is characterized by (a) an ine–ciently high (b) an ine–ciently low (c) the second …

Persistent link: https://www.econbiz.de/10008633230

On the possibility of political change: Outcomes in between local and global equilibria

Olovsson, Conny; Roine, Jesper - 2007

We study voting over education subsidies where poor individuals may be excluded and the rich may chose private alternatives. With plausible changes of the standard game we show that this problem typically has multiple equilibria; one with low taxes, many excluded, and many in private schooling;...

Persistent link: https://www.econbiz.de/10010281272

On the Possibility of Political Change – Outcomes in Between Local and Global Equilibria

Olovsson, Conny; Roine, Jesper - Economics Institute for Research (SIR), … - 2007

, education sub- sidies, local equilibrium, non-median voter equilibrium JEL classi�cation: D7, H2 Department of Economics …

Persistent link: https://www.econbiz.de/10005649461

The political economics of not paying taxes

Roine, Jesper - 2003

This paper considers redistributive as well as political consequences of tax avoidance. When investing in tax avoidance is possible, the official tax rate does not necessarily correspond to what individuals actually pay in taxes. This affects both redistributive outcomes as well as individual's...

Persistent link: https://www.econbiz.de/10010281163

The political economics of not paying taxes

Roine, Jesper - Economics Institute for Research (SIR), … - 2003

surprisingly close to actual observations. Keywords: political equilibrium, redistribution, taxavoidance, non-median voter … equilibrium JEL classification: D72, H20, H24 ∗ STICERD, London School of Economics and Stockholm School of Economics. Thanks to …

Persistent link: https://www.econbiz.de/10005190871