کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
5101897 1479411 2017 21 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Redistribution and insurance with simple tax instruments
ترجمه فارسی عنوان
توزیع مجدد و بیمه با ابزار مالیاتی ساده
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
چکیده انگلیسی
We analyze optimal taxation of labor and capital income in a life cycle framework with idiosyncratic income risk and ex-ante heterogeneity. Tax instruments are simple in that they can only condition on current income. We provide a decomposition of labor income tax formulas into a redistribution and an insurance component. The latter is independent of the social welfare function and determined by the degree of income risk and risk aversion. The optimal linear capital tax is non-zero and trades off redistribution and insurance against savings distortions. Our quantitative results reveal that the insurance component contributes significantly to optimal labor income tax rates and provides a lower bound on optimal taxes. Optimal capital taxes are significant.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Journal of Public Economics - Volume 146, February 2017, Pages 58-78
نویسندگان
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