Showing 1 - 10 of 13
Persistent link: https://www.econbiz.de/10000802361
Persistent link: https://www.econbiz.de/10000720050
Persistent link: https://www.econbiz.de/10000869325
Persistent link: https://www.econbiz.de/10001178183
The paper considers the efficiency of the pay-as-you-go pension system with endogenous labor supply, when contributions are collected as an income tax. Results from the literature state that in this case a Pareto-improving transition path to a fully-funded system exists, if the interest rate is...
Persistent link: https://www.econbiz.de/10009499974
Persistent link: https://www.econbiz.de/10013407956
Persistent link: https://www.econbiz.de/10002039015
This study offers a theoretical discussion of equity and efficiency aspects of income taxation. The analysis is carried out on two levels. The first one concerns the axiomatic derivation of certain tax principles in the framework of social choice theory. Normative characterizations of the two...
Persistent link: https://www.econbiz.de/10013519587
Inherited wealth creates a second distinguishing characteristic of individuals, in addition to earning abilities. We incorporate this fact into a model of optimal labor income taxation, with bequests motivated by joy of giving. We find that taxes on bequests or on inheritances allow further...
Persistent link: https://www.econbiz.de/10009307475
Persistent link: https://www.econbiz.de/10009558263