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https://hdl.handle.net/10419/18979
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DC Field | Value | Language |
---|---|---|
dc.contributor.author | Grossmann, Volker | en |
dc.contributor.author | Poutvaara, Panu | en |
dc.date.accessioned | 2009-01-28T15:54:13Z | - |
dc.date.available | 2009-01-28T15:54:13Z | - |
dc.date.issued | 2005 | - |
dc.identifier.uri | http://hdl.handle.net/10419/18979 | - |
dc.description.abstract | Altruistic parents may transfer resources to their offspring by providing education, and byleaving bequests. We show that in the presence of wage taxation, a small bequest tax mayimprove efficiency in an overlapping-generations framework with only intended bequests, byenhancing incentives of parents to invest in their children's education. This result holds evenif the wage tax rate is held constant when introducing bequest taxation. We also calculate anoptimal mix of wage and bequest taxes with alternative parameter combinations. In all cases,the optimal wage tax rate is clearly higher than the optimal bequest tax rate, but the latter isgenerally positive when the required government revenue in the economy is sufficiently high. | en |
dc.language.iso | eng | en |
dc.publisher | |aCenter for Economic Studies and ifo Institute (CESifo) |cMunich | en |
dc.relation.ispartofseries | |aCESifo Working Paper |x1515 | en |
dc.subject.jel | H31 | en |
dc.subject.jel | I21 | en |
dc.subject.jel | H21 | en |
dc.subject.jel | D64 | en |
dc.subject.ddc | 330 | en |
dc.subject.keyword | bequest taxation | en |
dc.subject.keyword | bequests | en |
dc.subject.keyword | education | en |
dc.subject.keyword | Pareto improvement | en |
dc.subject.stw | Erbschaftsteuer | en |
dc.subject.stw | Optimale Besteuerung | en |
dc.subject.stw | Bildungsinvestition | en |
dc.subject.stw | Privater Transfer | en |
dc.subject.stw | Lohnsteuer | en |
dc.subject.stw | Overlapping Generations | en |
dc.subject.stw | Pareto-Optimum | en |
dc.subject.stw | Theorie | en |
dc.title | Pareto-improving bequest taxation | - |
dc.type | Working Paper | en |
dc.identifier.ppn | 500538255 | en |
dc.rights | http://www.econstor.eu/dspace/Nutzungsbedingungen | en |
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