This chapter of the Mirrlees Review (Dimensions of Tax Design) provides an overview of the voluminous literature relating taxand the supply of effort that has developed since the Meade Report (Meade, 1978) on the UK tax system thirty years ago, with a focus on the empirical consensus on how taxes and benefits affect incentives.
This chapter in a Handbook of Labor Economics (North Holland) surveys existing approaches to modeling labor supply and identifies important gaps in the literature that could be addressed in future research.
A study of Colombia's Régimen Subsidiado, a publicly financed insurance program targeted to the poor, which aims to provide risk protection and to promote allocative efficiency in the use of medical care.
The analysis considers purely Pareto improving reforms and also optimal design under social welfare functions with different degrees of inequality aversion.
The basic question of whether our tax system is fair is at the heart of many of our public debates. Discussions of whether ‘the rich’ or companies are paying their ‘fair share’ is regularly in, or underlying, the news headlines. These are important questions. If we want to ensure that we can raise the revenues to pay for the public goods and services that we all want, we need to be able to have sensible debates about how much tax we raise, who we raise it from and how we spend it.
There is substantial evidence of a significant relationship between parents’ income and sons’ earnings in the UK, and that this relationship has strengthened over time. We extend this by exploring a broader measure of net family income as an outcome.
