|
EconStor >
Verein für Socialpolitik >
Jahrestagung des Vereins für Socialpolitik 2011 (Frankfurt a. M.): Die Ordnung der Weltwirtschaft - Lektionen aus der Krise >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/48686
|
| | |
| Title: | | Distributional and Welfare Effects of Germany's Year 2000 Tax Reform  |
| Authors: | | Ochmann, Richard |
| Issue Date: | | 2011 |
| Series/Report no.: | | Beiträge zur Jahrestagung des Vereins für Socialpolitik 2011: Die Ordnung der Weltwirtschaft: Lektionen aus der Krise - Session: Fiscal Policy and Fiscal Policy Reform C2-V1 |
| Abstract: | | This paper empirically investigates distributional and welfare effects of Germany's year 2000 tax reform. The reform is simulated in an ex-ante behavioral microsimulation approach. Dead weight loss of capital income taxation is estimated in a structural model for household savings and asset demand applied to German survey data. Significant reductions in tax rates result in income gains, especially in higher tax brackets, whereby income inequality increases, in particular in East-Germany. Moreover, households increase savings and alter the structure of asset demand due to shifts in relative asset prices. As a result, utility losses reduce welfare effects for almost all households. |
| Subjects: | | Capital income taxation household savings asset demand welfare effects |
| JEL: | | G11 H24 H31 |
| Document Type: | | Conference Paper |
| Appears in Collections: | | Jahrestagung des Vereins für Socialpolitik 2011 (Frankfurt a. M.): Die Ordnung der Weltwirtschaft - Lektionen aus der Krise
|
| Files in This Item:
| |
|
| No. of Downloads:
| |
| last Month |
last 3 Month |
total |
|
|
|
|
|
| |
| | |
Download bibliographical data as:
BibTeX
|
| |
Share on:http://hdl.handle.net/10419/48686
|
Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.
|