Showing 1 - 10 of 46
The effect of a widening of the distribution of income upon society's choice of the amount of redistribution is a … balancing of two opposing forces: the increase in redistribution in response to the increased ratio of mean to median income and …
Persistent link: https://www.econbiz.de/10010615127
of a public pension system: the contribution rate and its degree of redistribution. The pension regime affects … fundamental components of a public pension system: the contribution rate and its degree of redistribution. The pension regime …
Persistent link: https://www.econbiz.de/10010779267
This paper develops a dynamic framework to analyze the political sustainability of economic reforms in developing countries. First, we demonstrate that economic reforms that are proceeding successfully may run into a political impasse, with the reform's initial success having a negative impact...
Persistent link: https://www.econbiz.de/10009399369
Redistribution programs are constrained because those not working may be either unable to work, voluntarily unemployed …
Persistent link: https://www.econbiz.de/10005787822
, redistribution. Amongst the themes are: the potential usefulness of apparently inefficient policy instruments in overcoming the self …-selection constraints on redistribution and limiting the damage that ill-intentioned policymakers can do; the continued (perhaps increased … redistribution may plausibly generate efficiency gains, the likelihood that some trade-off between equity and efficiency is …
Persistent link: https://www.econbiz.de/10005787859
redistribution is no business of the law. This efficiency-only doctrine is not that redistribution is unworthy as a social objective … initial distortion arising from redistribution pre se, through taxation or through law, and an additional distortion all its … inapplicable to most of what is commonly thought of as redistributive law. Redistribution is best supplied by a combination of law …
Persistent link: https://www.econbiz.de/10005037437
This paper studies optimal linear income taxation and redistributive social insurance when the former has the traditional labor distortion and the latter generates both ex ante and ex post moral hazard. Private insurance is available and individuals differ in labor productivity and in loss...
Persistent link: https://www.econbiz.de/10005688264
The difficulty or inability to borrow made capital market constraints an important part of the decision of potential emigrants to move from Europe to North America. We formalize the constraint with a life-cycle model, where agents jointly choose the optimal period of saving to finance migration...
Persistent link: https://www.econbiz.de/10008623388
Two distinct issues are addressed. First, we explore earnings and employment outcome differences across categories of the immigrant selection system and directly link the points system to these outcomes, which is relatively rare in Canadian research. Second, the appropriateness of alternative...
Persistent link: https://www.econbiz.de/10009653422
impost on budgets. The paper compares Canada and Australia in this framework, showing that there are similarities and …
Persistent link: https://www.econbiz.de/10010567368