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Human Capital and Optimal Redistribution

Koeniger, Winfried - 2014

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

Redistribution and Insurance with Simple Tax Instruments

Findeisen, Sebastian - 2015

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 … bound on optimal taxes: even for welfare functions that do not value redistribution, marginal tax rates are positive for all …

Persistent link: https://www.econbiz.de/10013016371

Optimal Income Taxation with Endogenous Participation and Search Unemployment

Lehmann, Etienne; Parmentier, Alexis; Van der Linden, Bruno - 2021

This paper characterizes the optimal redistributive taxation when individuals are heterogeneous in two exogenous dimensions: their skills and their values of non-market activities. Search-matching frictions on the labor markets create unemployment. Wages, labor demand and participation are...

Persistent link: https://www.econbiz.de/10013324812

Optimal Redistributive Taxation with Both Labor Supply and Labor Demand Responses

Jacquet, Laurence - 2011

This paper characterizes the optimal redistributive tax schedule in a matching unemployment framework with endogenous (voluntary) nonparticipation and (involuntary) unemployment. The optimal employment tax rate is given by an inverse employment elasticity rule. This rule depends on the global...

Persistent link: https://www.econbiz.de/10013126920

Incentive Effects of Risk Pooling, Redistributive and Savings Arrangements in Unemployment Benefit Systems : Evidence from a Job-Search Model for Brazil

Robalino, David A. - 2011

We develop a model of job search and use it to assess the effects that the Brazilian unemployment benefit system has on exit rates from unemployment. In our setup, unemployed workers receive job offers from the formal and informal sectors and decide whether to accept them or wait. Only jobs in...

Persistent link: https://www.econbiz.de/10013130452

A Simple Theory of Optimal Redistributive Taxation with Equilibrium Unemployment

Hungerbühler, Mathias - 2010

We propose a canonical model of optimal nonlinear redistributive taxation with matching unemployment. In our model, agents are endowed with different skill levels and labor markets are perfectly segmented by skill. The government only observes negotiated wages. More progressive taxation leads to...

Persistent link: https://www.econbiz.de/10013146465

On the Optimality of a Minimum Wage : New Insights from Optimal Tax Theory

Hungerbühler, Mathias - 2007

We build a theoretical model to study whether a minimum wage can be welfare-improving if it is implemented in conjunction with an optimized nonlinear income tax. We consider this issue in a framework where search frictions on the labor market generate unemployment. Workers differ in...

Persistent link: https://www.econbiz.de/10012776136

Optimal Taxation, Child Care and Models of the Household

Apps, Patricia - 2012

This paper presents for the first time the properties of optimal piecewise linear tax systems for two-earner households, based on joint and individual incomes respectively. A key contribution is the analysis of the interaction of second earner wage differences, variation in prices of bought-in...

Persistent link: https://www.econbiz.de/10013099748

Capital Income Taxation and the Mirrlees Review

Apps, Patricia - 2012

The Mirrlees Review of the UK tax system, together with its companion volume of research papers, can be expected to influence future discussions of tax reform. Indeed, this can already be recognised in the Henry Review. As far as income taxation is concerned, the most substantive recommendation...

Persistent link: https://www.econbiz.de/10013104953

Optimal Redistributive Taxation with Both Extensive and Intensive Responses

Jacquet, Laurence - 2010

This paper characterizes optimal income taxation when individuals respond along both the intensive and extensive margins. Individuals are heterogeneous across two dimensions: specifically, their skill and disutility of participation. Preferences over consumption and work effort can differ with...

Persistent link: https://www.econbiz.de/10013146460