منابع مشابه
Economic Integration and Redistribuitive Taxation Economic Integration and Redistributive Taxation *
We set up a simple political economy model where economic integration raises the profitability of multinational firms. In this setting redistributive taxation may rise following economic integration, if the effects of the widened income gap dominate the higher excess burden of the tax.
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The earlier essay came about at Ismail Serageldin's behest. He felt it would be a worthwhile exercise if I were to connect the ideas developed in Dasgupta (1993) with those in Putnam (1993), to see if the concept of social capital has potency for an understanding of the kinds of institution that are most likely to protect and promote human well-being in poor countries. The earlier essay and the...
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We consider an environment in which agents’ skills are private information and follow arbitrary stochastic processes. We prove that it is typically Pareto optimal for an individual’s marginal benefit of investing in capital to exceed his marginal cost of doing so. This wedge is consistent with a positive tax on capital income. We also prove that it is Pareto optimal for the marginal rate of sub...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2007
ISSN: 1556-5068
DOI: 10.2139/ssrn.1137561