Earnings and Wealth Inequality and Income Taxation: Quantifying the Trade-Offs of Switching to a Proportional Income Tax in the U.S. Ohio [PDF]
, 1998 This papaer quantifies the steady-state aggregate, distributinal and mobility effects of switching the U.S. to a proportional income tax system. As a perriquisite to the analysi, we propose a theory of earnings and wealth inequality capable of accounting
Castañeda, Ana +2 more
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Taxation, entrepreneurship, and wealth [PDF]
Entrepreneurship is a key determinant of investment, saving, and wealth inequality. We study the aggregate and distributional effects of several tax reforms in a model that recognizes this key role and that matches the large wealth inequality observed in
Marco Cagetti, Mariacristina De Nardi
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The Constitutionality of a National Wealth Tax [PDF]
, 2018 Economic inequality threatens America’s constitutional democracy. Beyond obvious harms to our nation’s social fabric and people’s lives, soaring economic inequality translates into political inequality and corrodes democratic institutions and values. The
Dellinger, Walter E., III, Johnsen, Dawn
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The Dynamics of Wealth Inequality and the Effect of Income Distribution.
PLoS ONE, 2016 The rapid increase of wealth inequality in the past few decades is one of the most disturbing social and economic issues of our time. Studying its origin and underlying mechanisms is essential for policy aiming to control and even reverse this trend.
Yonatan Berman +2 more
doaj +1 more source
A Wealth Distribution Agent Model Based on a Few Universal Assumptions
Entropy, 2023 We propose a new agent-based model for studying wealth distribution. We show that a model that links wealth to information (interaction and trade among agents) and to trade advantage is able to qualitatively reproduce real wealth distributions, as well ...
Matheus Calvelli, Evaldo M. F. Curado
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A Study of the Role of Government in Income and Wealth Distribution by Integrating the Walrasian General Equilibrium and Neoclassical Growth Theories [PDF]
Interdisciplinary Description of Complex Systems, 2014 This paper proposes a growth model of heterogeneous households with economic structure, wealth accumulation, endogenous labour supply, and tax rates. The paper is focused on effects of redistribution policies on income and wealth distribution, economic ...
Wei-Bin Zhang
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Multidimensional Wealth Inequality: A Hybrid Approach toward Distributional National Accounts in Europe [PDF]
, 2020 Distributional National Accounts (DINA) link macroeconomic aggregates with distributional information enabling a better understanding of distributional implications of macroeconomic developments and facilitate cross-country comparisons of inequality ...
Waltl, Sofie R.
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Black tax: An international exploratory study in the South African context
Journal of Economic and Financial Sciences, 2021 Orientation: South Africa is a country where the vast majority of residents experience inequality, poverty and deprivation on a daily basis. For many black South Africans, their experience includes the expectation to financially support extended family.
Riley Carpenter, Malilimalo Phaswana
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The Wealth Tax: A Policy Proposal
Journal of Economic Issues, 1990 In the 198Os, wealthy U.S. taxpayers have enjoyed soaring interest and dividend incomes. At the same time, the higher income tax brackets have been eliminated. Furthermore, interest payments on the national debt have crowded out a rising proportion of useful public programs from available public revenues.
openaire +1 more source
Rich or poor: Who should pay higher tax rates?
, 2017 A dynamic agent model is introduced with an annual random wealth multiplicative process followed by taxes paid according to a linear wealth-dependent tax rate.
de Oliveira, Paulo Murilo Castro
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