scholarly journals Labour supply and income distribution effects of the working income tax benefit: a general equilibrium microsimulation analysis

2013 ◽  
Vol 2 (1) ◽  
pp. 19 ◽  
Author(s):  
Nabil Annabi ◽  
Youssef Boudribila ◽  
Simon Harvey
Keyword(s):  
Income Distribution ◽  
General Equilibrium ◽  
Income Tax ◽  
Labour Supply

Optimal Taxation of Families: Mirrlees meets Becker*

2021 ◽  
Author(s):  
Musab Kurnaz
Keyword(s):  
Quantitative Analysis ◽  
Income Distribution ◽  
Income Tax ◽  
Optimal Taxation ◽  
Tax Credits ◽  
Child Rearing ◽  
Welfare Gains ◽  
Us Economy ◽  
Parental Time ◽  
The Us

Abstract This paper studies optimal taxation of families—a combination of an income tax schedule and child tax credits. Child-rearing requires both goods and parental time, which distinctly impact the design of optimal child tax credits. In the quantitative analysis, I calibrate my model to the US economy and show that the optimal child tax credits are U-shaped in income and are decreasing in family size. In particular, the optimal credits decrease in the first nine deciles of the income distribution and then increase thereafter. Implementing the optimum yields large welfare gains.

Forecasting State Income Tax Collections: A New Approach

1978 ◽  
Vol 6 (1) ◽  
pp. 67-91 ◽  
Author(s):  
David M. Reaume
Keyword(s):  
North Carolina ◽  
Income Distribution ◽  
Income Tax ◽  
The State ◽  
New Approach ◽  
State Income Tax ◽  
State Income ◽  
Complete Detail ◽  
The Law

This paper reports on an application of the microsimulation method to the estimation of income tax collections for the State of North Carolina. Detailed forecasts of Income distribution make it Possible to model the law in nearly complete detail. The model provides quarterly forecasts of collections disaggregated by withheld taxes, declarations payments, final payments, and refunds.

scholarly journals Labour Supply Implications of a Negative Income Tax Plan

2005 ◽  
Vol 34 (4) ◽  
pp. 708-721
Author(s):  
Arun S. Roy
Keyword(s):  
Income Tax ◽  
Labour Supply ◽  
Work Effort ◽  
Female Workers ◽  
Younger Workers ◽  
Negative Income ◽  
Negative Income Tax

This study demonstrates that a Negative Income Tax Plan can be expected to result in fairly large reductions in the supply of work effort in the case of younger workers. The potential reductions in labour supply of female workers appear to be particularly large.

scholarly journals THE IMPACT OF TAX POLICY ON ECONOMIC GROWTH, INCOME DISTRIBUTION, AND ALLOCATION OF TAXES

2006 ◽  
Vol 23 (2) ◽  
pp. 28-52 ◽  
Author(s):  
James D. Gwartney ◽  
Robert A. Lawson
Keyword(s):  
Economic Growth ◽  
Income Distribution ◽  
Income Tax ◽  
Tax Rates ◽  
Personal Income Tax ◽  
Income Groups ◽  
Marginal Tax Rates ◽  
Tax Changes ◽  
The Impact ◽  
Distribution Of Income

Using a sample of seventy-seven countries, this paper focuses on marginal tax rates and the income thresholds at which they apply to examine how the tax changes of the 1980s and 1990s have influenced economic growth, the distribution of income, and the share of taxes paid by various income groups. Many countries substantially reduced their highest marginal rates during the 1985-1995 period. The findings indicate that countries that reduced their highest marginal rates grew more rapidly than those that maintained high marginal rates. At the same time, the income distribution in several of the tax cutting countries became more unequal while there was little change or even a reduction in income inequality in most countries that maintained high marginal rates. Finally, the evidence suggests that there was a shift in the payment of the personal income tax away from those with low and middle incomes and toward those with the highest incomes.

Introduction

2021 ◽  
pp. 3-24
Author(s):  
Cathal O'Donoghue
Keyword(s):  
Income Distribution ◽  
Labour Supply ◽  
Distribution Analysis ◽  
Unit Of Analysis ◽  
Environmental Models ◽  
Simulation Based ◽  
Ex Ante ◽  
Static Models ◽  
Spatial Microsimulation ◽  
Microsimulation Models

This chapter serves as an introduction to the book Practical Microsimulation Modelling. It provides as context a description of microsimulation modelling, a simulation-based tool with a micro-unit of analysis that can be used for ex-ante analysis. The methodology is motivated as a mechanism of abstracting from reality to help us understand complexity better. It describes the main analytical objectives of users of microsimulation models in the field of income distribution analysis. The chapter then describes in turn the main methods of microsimulation considered in the book: hypothetical models, static models, behavioural models (labour supply and consumption), environmental models, decomposing inequality, dynamic microsimulation models, and spatial microsimulation models. The chapter concludes by providing an outline of the book.

Sign in / Sign up

Export Citation Format

Share Document