Showing 1 - 6 of 6
We study optimal redistributive taxes when individuals differ in two characteristics - earning ability and leisure needs - assumed to be imperfectly correlated. Individuals have private information about their abilities but needs are observable. With two different levels of observable needs the...
Persistent link: https://www.econbiz.de/10008836144
The present paper investigates a standard model of endogenous fertility when child survival to adulthood is uncertain. In this framework, I first show that facing the risk their children die before reaching adulthood, parents don’t always formulate a precautionary demand for children. Indeed,...
Persistent link: https://www.econbiz.de/10008836150
Very few studies have explored the optimality properties of the "standard model" of fertility where parents must determine their optimal trade-off between quality and quantity. The present paper works to fill that gap and find three main results. First, when there exist positive externalities in...
Persistent link: https://www.econbiz.de/10008836161
Using the standard non linear income and commodity taxation framework this paper examines the optimal policy to be adopted when the same labor disutility can receive two opposite interpretations: taste for leisure and activity limitation. In the absence of complete information about individual...
Persistent link: https://www.econbiz.de/10005008667
This paper examines the optimal non linear income and commodity tax when the same labor disutility can receive two alternative interpretations, taste for leisure and disability, but the disability is not readily observable. We compare the optimal policyunder alternative social objectives,...
Persistent link: https://www.econbiz.de/10005042907
This paper examines the properties of the optimal nonlinear income tax when preferences are quasilinear in leisure and heterogeneous. Individuals differ in their ability and in their preferences for leisure. The government seeks to redistribute income. It can perfectly observe the level of...
Persistent link: https://www.econbiz.de/10005043577