first backward bending and then vertical. This can justify an optimal marginal tax rate on top incomes equal to 100 percent …

provide a novel decomposition of labor income tax formulas into a redistribution and an insurance component. The latter is … capital tax is non-zero and trades off redistribution and insurance against savings distortions. Our quantitative results … reveal that the insurance component contributes significantly to optimal labor tax rates and provides an informative lower …

Ramsey government achieves efficient labor market volatility; doing so requires labor-income tax volatility that is orders of … magnitude larger than the "tax-smoothing" results based on Walrasian labor markets, but a few times smaller than the results … order to understand optimal tax volatility. …

wage tax progression of unskilled workers decreases the wage rate and increases the labour demand of unskilled workers. It …

of various labor tax cut scenarios. The focus is on skill heterogeneity combined with downward wage rigidities at the low … end of the skill ladder. Workers can take jobs for which they are overeducated. We compare targeted and non-targeted tax …, productivity and welfare effects of a tax cut, although tax cuts targeted on the least skilled workers always have larger effects …

Italy is employed to simulate and identify income tax-transfer rules that are optimal according to the extended EOp … criterion. We look for second-best optimality, i.e. the tax-transfer rules are not allowed to depend on family background, they … individualized) lump-sum transfer (positive or negative) and by one or two marginal tax rates. A rather striking result of the …

What are the impacts of labor tax reform on wage setting and employment to keep the relative tax burden per low …-skilled labor and perfect competition in high-skilled labor in the presence of outsourcing? A higher degree of tax progression by … raising the wage tax and the tax exemption for the low-skilled workers will decrease the wage rate and increase labor demand …

What are the impacts of labor tax reform on wage setting and employment to keep the relative tax burden per low …-skilled labor and perfect competition in high-skilled labor in the presence of outsourcing? A higher degree of tax progression by … raising the wage tax and the tax exemption for the low-skilled workers will decrease the wage rate and increase labour demand …

domestic low-skilled wage tax, higher payroll tax and lower wage tax exemption increase optimal outsourcing. Outsourcing will … outsourcing, wage tax, tax exemption and payroll tax have an ambiguous effect on equilibrium unemployment. Increasing the degree … of tax progression decreases the wage rate and increases the demand of low-skilled workers. -- Outsourcing ; dual labor …