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Should two-band income taxes be progressive given a general income distribution? We provide a negative answer under utilitarian and max-min welfare functions. While this result clarifies some ambiguities in the literature, it does not rule out progressive taxes in general. If we maximize total...
Persistent link: https://www.econbiz.de/10013159747
We characterize optimal redistribution in a dynastic family model with human capital. We show how a government can …
Persistent link: https://www.econbiz.de/10013042983
hand, were among the first to be introduced when modernsystems of taxation were developed at the end of the nineteenth …
Persistent link: https://www.econbiz.de/10005863262
hand, were among the first to be introduced when modern systems of taxation were developed at the end of the nineteenth … century. We propose an explanation for these facts which is based on a dynamic political economy model where redistribution is … determination of the dynamic political equilibrium of the model. Its effect is to compress bequest taxation but also to delay its …
Persistent link: https://www.econbiz.de/10012777737
We analyze optimal taxation of labor and capital income in a life-cycle framework with idiosyncratic income risk. We … 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 …
Persistent link: https://www.econbiz.de/10013016371
working life does not affect the redistribution to survivor pensions. However, the distribution of the contribution to total … preference for redistribution to survivor pensions also depends significantly on personal characteristics, preferences and social … pension of their partner. However, due to lacking communication and knowledge of survivor pensions among workers, and also due …
Persistent link: https://www.econbiz.de/10012862461
effects on people's preferences for redistribution. In areas with larger inflows in the 1940s, people have substantially … higher demand for redistribution more than 50 years later …
Persistent link: https://www.econbiz.de/10012912247
of redistribution: a universal basic income, and a categorical unemployment benefit. Well-being depends on own …
Persistent link: https://www.econbiz.de/10013136943
We compare two systems of income redistribution: unemployment benefits (UB) and basic income (BI). First, for a simple …
Persistent link: https://www.econbiz.de/10013136950
evidence on preferences for redistribution and suggest some links to redistribution through pensions. For that purpose we … paper we discuss whether and how these experimental results speak to the redistribution issues of pensions. For example, do …Redistribution is an inevitable feature of collective pension schemes and economic experiments have revealed that most …
Persistent link: https://www.econbiz.de/10013139713