Showing 521 - 530 of 886,804
This paper presents a comprehensive analysis of the role of capital taxation in advanced economies with a focus on the Swedish experience. We synthesize the existing theoretical literature, present facts about the capital stock and its distribution, review current capital tax practices and...
Persistent link: https://www.econbiz.de/10011825361
The paper uses an alternative expression for the Gini Index to derive the effects of transfers and increments of income on the Gini Index. The results support Gastwirth's conclusions (2017) that the Gini Index is not overly sensitive to middle incomes. The results are used to determine the level...
Persistent link: https://www.econbiz.de/10013323117
We introduce permanently-shifting income shares into a growth model with workers and capital owners. The model exactly replicates the U.S. time paths of the top quintile income share, capital's share of income, and key macroeconomic variables from 1970 to 2014. Welfare effects depend on changes...
Persistent link: https://www.econbiz.de/10013007534
We introduce permanently-shifting income shares into a growth model with workers and capital owners. The model exactly replicates the U.S. time paths of the top quintile income share, capital's share of income, and key macroeconomic variables from 1970 to 2014. Welfare effects depend on changes...
Persistent link: https://www.econbiz.de/10013007849
individual support for income redistribution. This study investigates how people form beliefs regarding the extent to which work …
Persistent link: https://www.econbiz.de/10012834234
This paper studies the pro-poor bias of contemporary trade policy in India by estimating the household welfare effects of eliminating the current protection structure. The elimination of a pro-poor trade policy is expected to have lower welfare gains or higher welfare loss at the low end of the...
Persistent link: https://www.econbiz.de/10012870281
importance of fairness preferences, risk aversion, and self-interest in determining support for redistribution by conducting a … redistribution and the level of redistribution that maximizes additive social welfare. Most of our subjects prefer that there be less … inequality among others and demand for redistribution responds in predictable ways to the cost of taxation and to the dead …
Persistent link: https://www.econbiz.de/10012721268
Aim: The purpose of this paper is to bring together theory and policy of (personal) income distribution on the one hand …
Persistent link: https://www.econbiz.de/10012692631
Is the Spanish economy positioned at its optimal progressivity level in personal income tax? This article quantifies the aggregate, distributional, and welfare consequences of moving toward such an optimal level. A heterogeneous households general equilibrium model featuring both life cycle and...
Persistent link: https://www.econbiz.de/10012389033
conventional wisdom, rather than calling for more redistribution, the presence of this scale dependence provides a rationale for …. At an aggregate level, a rise in redistribution induces a compression effect on the distribution of pre-tax returns. In … the financial market, I identify general equilibrium trickle-up externalities that provide a force for more redistribution …
Persistent link: https://www.econbiz.de/10012499593