![]() The tax-transfer rules considered as candidates are members of a class that includes as special cases various versions of the Negative Income Tax: Conditional (means-tested) Basic Income, Unconditional Basic Income, In-Work Benefits and General Negative Income Tax, combined with a Flat Tax above the exemption level. The optimality criterion is the class of Kolm's social welfare function. A procedure that simulates the households’ choices under given tax-transfer rules is then embedded in a constrained optimization program in order to identify optimal rules under the public budget constraint. For each country, we estimate a microeconometric model of labour supply for both couples and singles. We present an exercise in empirical optimal taxation for a sample of European countries from three areas: Southern, Central and Northern Europe.
0 Comments
Leave a Reply. |
Details
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |