Results 171 to 180 of about 3,353 (215)

Inequality of Opportunity in a Multiperiod Framework

open access: yesOxford Bulletin of Economics and Statistics, EarlyView.
ABSTRACT This paper offers a simple model to evaluate and measure inequality of opportunity in a multiperiod framework, in which both circumstances and effort may change over time. We adopt a norm‐based approach and an axiomatic methodology: we first characterise two alternative definitions of a ‘fair distribution’, associated respectively with the ex ...
Domenico Moramarco   +2 more
wiley   +1 more source

Lessons on State and Local Income Taxes From the Twenty‐First Century and Challenges for the Future

open access: yesPublic Budgeting &Finance, EarlyView.
Abstract I survey recent research on subnational income tax policy, arguing that a defining feature is geography. Geographic boundaries limit the power of subnational governments to tax people and activities. The article discusses where income should be taxed and the effects of these tax rules on the interjurisdictional mobility of people and jobs.
David R. Agrawal
wiley   +1 more source

Resilience as a Fiscal Input: County Financial Condition in an Open Systems Framework

open access: yesPublic Budgeting &Finance, EarlyView.
Abstract This study explores how community resilience shapes local fiscal health by integrating the Baseline Resilience Indicators for Communities (BRIC) into an open‐systems framework of public finance. Using financial data from U.S. counties for fiscal years 2016 and 2021, we examined whether the six BRIC domains explain variation in operating ...
Jungmin Hwang   +3 more
wiley   +1 more source

Redistribution and labor market inclusion

open access: yesThe Scandinavian Journal of Economics, EarlyView.
Abstract This paper incorporates labor market inactivity and long‐term unemployment into the framework of optimal redistributive taxation. We examine how a combination of education policy, public employment programs, unemployment benefits, and optimal income taxation can effectively address both redistributive goals and the persistent challenges of ...
Thomas Aronsson   +2 more
wiley   +1 more source

Basic income and employment

open access: yesThe Scandinavian Journal of Economics, EarlyView.
Abstract We analyse the general equilibrium implications of introducing a universal basic income (UBI) for employment and income in an economy characterized by involuntary unemployment. Our framework allows tax revenues and workers' reservation wages to adjust endogenously with employment to satisfy the government's budget constraint.
Marta Aloi, Teresa Lloyd‐Braga
wiley   +1 more source

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