Welfare analysis and redistributive policies
نویسندگان
چکیده
منابع مشابه
Welfare Analysis and Redistributive Policies
Applied welfare analyses of redistributive systems nowadays benefit from powerful taxbenefit microsimulation programs combined with administrative data. Arguably, most of the distributional studies of that kind focus on social welfare defined as a function – typically inequality or poverty indices – of household equivalized income. In parallel, economic research has made considerable progress i...
متن کاملMicrosimulation and the Analysis of Redistributive Policies
In this work we explore the impact of alternative tax-benefits systems on household welfare. The framework of our analysis is the theory of optimal taxation with the distribution of potential wages replaced by the distribution of household abilities. The latter has been calculated by inversion of the household’s utility maximisation problem. This methodology has been then implemented in order t...
متن کاملGrowth, Learning and Redistributive Policies
This paper develops an endogenous growth model with redistributive taxation in which the growth rate of the economy affects the agents’ preferences over redistributive policies, and therefore, the equilibrium level of taxation. The main mechanism through which the growth rate affects policy preferences is by changing the ability of the agents to learn their positions in the future distribution ...
متن کاملNon-redistributive Second Welfare Theorems
The second welfare theorem tells us that social welfare in an economy can be maximized at an equilibrium given a suitable redistribution of the endowments. We examine welfare maximization without redistribution. Specifically, we examine whether the clustering of traders into k submarkets can improve welfare in a linear exchange economy. Such an economy always has a market clearing εapproximate ...
متن کاملRedistributive Policies and TFP Differences Across Countries
Economists point towards cross-country differences in TFP to explain wide differences in income per capita across countries. This paper derives theoretical restrictions for interpreting the data based on a neoclassical, dynamic general equilibrium model in which the institutional and technological factors and scal policies signi cantly alter overall productivity as measured by the conventional ...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: The Journal of Economic Inequality
سال: 2017
ISSN: 1569-1721,1573-8701
DOI: 10.1007/s10888-017-9369-3