| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w24784 |
| 来源ID | Working Paper 24784 |
| Redistributing the Gains From Trade Through Progressive Taxation | |
| Spencer G. Lyon; Michael E. Waugh | |
| 发表日期 | 2018-07-09 |
| 出版年 | 2018 |
| 语种 | 英语 |
| 摘要 | Should a nation's tax system become more progressive as it opens to trade? Does opening to trade change the benefits of a progressive tax system? We answer these question within a standard incomplete markets model with frictional labor markets and Ricardian trade. Consistent with empirical evidence, adverse shocks to comparative advantage lead to labor income losses for import-competition-exposed workers; with incomplete markets, these workers are imperfectly insured and experience welfare losses. A progressive tax system is valuable, as it substitutes for imperfect insurance and redistributes the gains from trade. However, it also reduces the incentives for labor to reallocate away from comparatively disadvantaged locations. We find that optimal progressivity should increase with openness to trade with a ten percentage point increase in openness necessitating a five percentage point increase in marginal tax rates for those at the top of the income distribution. |
| 主题 | Macroeconomics ; Macroeconomic Models ; International Economics ; Trade ; Public Economics ; Taxation |
| URL | https://www.nber.org/papers/w24784 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/582458 |
| 推荐引用方式 GB/T 7714 | Spencer G. Lyon,Michael E. Waugh. Redistributing the Gains From Trade Through Progressive Taxation. 2018. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w24784.pdf（504KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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