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Higher tax and less work: reverse “Keep up with the Joneses” and rising inequality
To counteract excessive effort due to relative income comparison among identical agents, the literature suggests a tax response equal to the negative externality. Assuming a general income distribution, we show that an optimal tax must be higher under a general social welfare function, to not only r...
| Autores principales: | , , |
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| Formato: | Online Artículo Texto |
| Lenguaje: | English |
| Publicado: |
Springer Vienna
2023
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| Materias: | |
| Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10050818/ https://www.ncbi.nlm.nih.gov/pubmed/37324503 http://dx.doi.org/10.1007/s00712-023-00821-2 |