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Auerbach, Alan J. - 2001

This paper analyzes the distortions created by taxation and the features of tax systems that minimize such distortions (subject to achieving other government objectives). It starts with a review of the theory and practice of deadweight loss measurement, followed by characterizations of optimal...

Persistent link: https://www.econbiz.de/10012470545

Tax and Education Policy in a Heterogeneous Agent Economy : What Levels of Redistribution Maximize Growth and Efficiency?

Benabou, Roland - 1999

for missing credit and insurance markets. The resulting tradeoffs for growth and efficiency are explored, both … to higher income growth than taxes and transfers, but at the cost of lower insurance. Overall efficiency is assessed … welfare function, does not reward equality per se. Simulations using empirical parameter estimates show that the efficiency …

Persistent link: https://www.econbiz.de/10012471662

The Effect of Increased Tax Rates on Taxable Income and Economic Efficiency : A Preliminary Analysis of the 1993 Tax Rate Increases

Feldstein, Martin - 1995

economic efficiency. Our estimates are based on a difference-in-difference procedure comparing growth of taxable incomes among …

Persistent link: https://www.econbiz.de/10012473499

The Efficiency Cost of Increased Progressivity

Triest, Robert K. - 1993

Increases in income tax progressivity generally entail some efficiency cost due to increased distortion of individuals …' labor supply decisions. This paper quantifies the magnitude of the efficiency cost of several policies which would increase … complex nonlinear tax schedules similar to those which actually exist. The efficiency cost of increased progressivity is found …

Persistent link: https://www.econbiz.de/10012474407

Efficient Redistribution

Boar, Corina - 2020

We ask: what are the most efficient means of redistribution in an unequal society? We answer this question by characterizing the optimal shape of non-linear income and wealth taxes in a dynamic general equilibrium model with uninsurable idiosyncratic risk. Our analysis reproduces the...

Persistent link: https://www.econbiz.de/10012481475

On the Undesirability of Commodity Taxation Even When Income Taxation is Not Optimal

Kaplow, Louis - 2004

addition, for commodity tax reforms that do not eliminate or proportionally reduce differential taxation, a simple efficiency …

Persistent link: https://www.econbiz.de/10012468286