Weak redistribution and certainty equivalent domination

IF 1.1 4区经济学 Q3 ECONOMICS

Journal of Public Economic Theory Pub Date : 2024-06-17 DOI:10.1111/jpet.12703

Stéphane Gauthier, Guy Laroque

引用次数: 0

Abstract

We assess optimal deterministic nonlinear income taxation in a Mirrlees economy with a continuum of risk-averse agents whose utilities are quasilinear in labor. A weak redistribution motive makes random taxes more likely socially dominated by the deterministic policy where after-tax income lotteries are replaced with their certainty equivalents.

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弱再分配和确定性等价支配

我们评估了米尔列斯经济中的最优确定性非线性所得税，该经济中存在一系列规避风险的代理人，他们的效用与劳动力呈类线性关系。弱再分配动机使得随机税更有可能被确定性政策所支配，在确定性政策中，税后收入彩票被其确定性等价物所取代。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Journal of Public Economic Theory ECONOMICS-

自引率

36.40%

发文量

期刊介绍： As the official journal of the Association of Public Economic Theory, Journal of Public Economic Theory (JPET) is dedicated to stimulating research in the rapidly growing field of public economics. Submissions are judged on the basis of their creativity and rigor, and the Journal imposes neither upper nor lower boundary on the complexity of the techniques employed. This journal focuses on such topics as public goods, local public goods, club economies, externalities, taxation, growth, public choice, social and public decision making, voting, market failure, regulation, project evaluation, equity, and political systems.