Growth, learning and redistributive policies
Article Abstract:
An endogenous growth model for redistributive policies was made to establish relationship between agent's preference, level of taxation and economic growth. The model economy explained how an agent's pre-knowledge of his role in income redistribution could either increase growth rate and lower tax rate or decrease growth rate and increase tax rates. Inequality and mobility of social groups were also considered to be important in the application of the model economy.
Publication Name: The Journal of Public Economics
Subject: Government
ISSN: 0047-2727
Year: 1999
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Non-leaky buckets: optimal redistributive taxation and agency costs
Article Abstract:
A consensus among economists is that aggregate income is lost when there is a redistribution of income. A model is presented where incentive constraints are created due to private information. Discretionary taxes which redistribute income can produce Pareto improvements. The analysis implies that the US policy's government-guaranteed loans have high default rates. There is a high rate of unprepared students dropping out from higher education.
Publication Name: The Journal of Public Economics
Subject: Government
ISSN: 0047-2727
Year: 1995
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Redistributive effect, progressivity and differential tax treatment: personal income taxes in twelve OECD countries
Article Abstract:
The redistributive effect of the personal income taxes of twelve OECD countries were decomposed into four components. These components the average rate effect, departure-from-proportionality effect, horizontal equity effect and reranking effect. The results showed that the countries with a high-degree of pre-tax income inequality such as Ireland, Spain and the US, also display a high degree of inequality in post-tax incomes.
Publication Name: The Journal of Public Economics
Subject: Government
ISSN: 0047-2727
Year: 1999
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