منابع مشابه
Optimal Indirect and Capital Taxation
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...
متن کاملIndirect Taxation in Vertical Oligopoly
This paper analyzes the effects of specific and ad valorem taxation in an industry with downstream and upstream oligopoly. We find that in the short run, i.e. when the number of firms in both markets is exogenous, the results concerning tax incidence tend to be qualitatively similar to models where the upstream market is perfectly competitive. However, both overand undershifting are more pronou...
متن کاملDirect versus Indirect Taxation and Income Inequality
In this paper, we employed multivariate econometric analysis approach to study the relationship between taxation and income inequality in Nigeria. The study was a country-specific approach using tax and macroeconomic data from 1980 to 2011. We collected data from the Central Bank of Nigeria Publications, Federal Inland Revenue Service, World Bank and Index Mundi. We estimated the data using a c...
متن کاملThe Design of Tax Structure: Direct versus Indirect Taxation*
The recent literature on optimal taxation may be seen as attempting to clarify the structure of the arguments advanced to support changes in the tax system, tracing the implications of taxes and quantifying (analytically) the trade-offs between the various objectives of tax policy. This literature has examined the optimal structure for particular types of taxation taken in isolation, such as th...
متن کاملA Signaling Approach to Optimal Income Taxation
How should the government design optimal income redistribution when individuals work to signal their skills to employers in the labor market? To address this question, I introduce labor market signaling into a Mirrlees optimal income tax environment. The signaling incentives create a wedge between the private and social returns to labor, with the private returns exceeding the social returns. Be...
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ژورنال
عنوان ژورنال: Journal of Public Economics
سال: 2012
ISSN: 0047-2727
DOI: 10.1016/j.jpubeco.2011.11.004