| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP2492 |
| DP2492 Does the Recent Success of some OECD Countries in Lowering their Unemployment Rates lie in the Clever Design of their Labour Market Reforms? | |
| Jan C. van Ours; Michele Belot | |
| 发表日期 | 2000-06-27 |
| 出版年 | 2000 |
| 语种 | 英语 |
| 摘要 | This paper studies the effects of progressive income taxes and education finance in a dynamic heterogeneous agent economy. Such redistributive policies entail distortions to labour supply and savings, but also serve as partial substitutes for missing credit and insurance markets. The resulting tradeoffs for growth and efficiency are explored, both theoretically and quantitatively, in a model that yields complete analytical solutions. Progressive education finance always leads to higher income growth than taxes and transfers, but at the cost of lower insurance. Overall efficiency is assessed using a new measure which properly reflects aggregate resources and idiosyncratic risks but, unlike a standard social welfare function, does not reward equality per se. Simulations using empirical parameter estimates show that the efficiency costs and benefits of redistribution are generally of the same order of magnitude, resulting in reasonable values for the optimal rates. Aggregate income and aggregate welfare provide only very crude lower and upper bounds around the true efficiency tradeoff |
| 主题 | International Macroeconomics ; Public Economics |
| 关键词 | Education finance Growth Heterogeneous agents Income distribution Inequality Redistribution Taxation |
| URL | https://cepr.org/publications/dp2492 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/531568 |
| 推荐引用方式 GB/T 7714 | Jan C. van Ours,Michele Belot. DP2492 Does the Recent Success of some OECD Countries in Lowering their Unemployment Rates lie in the Clever Design of their Labour Market Reforms?. 2000. |
| 条目包含的文件 | 条目无相关文件。 | |||||
| 个性服务 |
| 推荐该条目 |
| 保存到收藏夹 |
| 导出为Endnote文件 |
| 谷歌学术 |
| 谷歌学术中相似的文章 |
| [Jan C. van Ours]的文章 |
| [Michele Belot]的文章 |
| 百度学术 |
| 百度学术中相似的文章 |
| [Jan C. van Ours]的文章 |
| [Michele Belot]的文章 |
| 必应学术 |
| 必应学术中相似的文章 |
| [Jan C. van Ours]的文章 |
| [Michele Belot]的文章 |
| 相关权益政策 |
| 暂无数据 |
| 收藏/分享 |
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
