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How will international integration affect welfare policies? This paper considers the possibilities of financing public sector activities (public consumption and social security expenses) by general (wage) taxation in an economy which becomes more integrated in international product markets. Even...
Persistent link: https://www.econbiz.de/10010262483
We compare two systems of income redistribution: unemployment benefits (UB) and basic income (BI). First, for a simple … margins. For given unemployment, lowering UB and raising BI always benefits the unemployed, raises utilitarian welfare and … benefits a poor majority. Reducing unemployment and UB simultaneously can benefit a majority of the employed as well as all …
Persistent link: https://www.econbiz.de/10010333015
We compare two systems of income redistribution: unemployment benefits (UB) and basic income (BI). First, for a simple … margins. For given unemployment, lowering UB and raising BI always benefits the unemployed, raises utilitarian welfare and … benefits a poor majority. Reducing unemployment and UB simultaneously can benefit a majority of the employed as well as all …
Persistent link: https://www.econbiz.de/10008682948
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/10010273858
public social expenditures and a high unemployment rate are associated with a small positive (or no) immediate impact on …
Persistent link: https://www.econbiz.de/10010269153
The paper contributes to the globalization debate by scrutinizing the international spillover effects which are … provoked if a single country reduces the generosity of the unemployment compensation system or weakens labor union power. For … degree of competition in the goods market and the institutional setup of the unemployment compensation system. Furthermore …
Persistent link: https://www.econbiz.de/10010262594
of redistribution: a universal basic income, and a categorical unemployment benefit. Well-being depends on own … labour supply incurs positive marginal disutility, we allow negative welfare effects of unemployment. We also compare …
Persistent link: https://www.econbiz.de/10010274682
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/10004999938
of redistribution: a universal basic income, and a categorical unemployment benefit. Well-being depends on own … labour supply incurs positive marginal disutility, we allow negative welfare effects of unemployment. We also compare …
Persistent link: https://www.econbiz.de/10008682956
How will international integration affect welfare policies? This paper considers the possibilities of financing public sector activities (public consumption and social security expenses) by general (wage) taxation in an economy which becomes more integrated in international product markets. Even...
Persistent link: https://www.econbiz.de/10005703732