dc.contributor.author | LORENZ, Normann | |
dc.contributor.author | SACHS, Dominik | |
dc.date.accessioned | 2017-01-13T16:31:32Z | |
dc.date.available | 2017-01-13T16:31:32Z | |
dc.date.issued | 2016 | |
dc.identifier.citation | Scandinavian journal of economics, 2016, Vol. 118, No. 4, pp. 646-665 | en |
dc.identifier.uri | https://hdl.handle.net/1814/44767 | |
dc.description | Version of Record online: 15 NOV 2016 | en |
dc.description.abstract | We derive a simple sufficient-statistics test for whether a nonlinear tax-transfer system is second-best Pareto efficient. If it is not, then it is beyond the top of the Laffer curve and there exists a tax cut that is self-financing. The test depends on the income distribution, extensive and intensive labor supply elasticities, and income effect parameters. A tax-transfer system is likely to be inefficient if marginal tax rates are quickly falling in income. We apply this test to the German tax-transfer system, and we find that the structure of effective marginal tax rates is likely to be inefficient in the region where transfers are phased out. | en |
dc.language.iso | en | en |
dc.relation.ispartof | Scandinavian journal of economics | en |
dc.title | Identifying laffer bounds : a sufficient-statistics approach with an application to Germany | en |
dc.type | Article | en |
dc.identifier.doi | 10.1111/sjoe.12170 | |
dc.identifier.volume | 118 | en |
dc.identifier.startpage | 646 | en |
dc.identifier.endpage | 665 | en |
dc.identifier.issue | 4 | en |