Arbeitspapier
Relative Consumption Concerns and the Optimal Tax Mix
This articles studies the optimal tax mix (taxes on income and commodities) under asymmetric information in a two-type model, when individuals make relative consumption comparisons. The model includes both positional and nonpositional goods, taking into account the fact that relative concerns matter for some but not for all commodities. We find that in general the whole tax system is affected by the externalities caused by the consumption of positional goods, notably also the taxes on income and on a non-positional good. The tax rates on positional goods are higher than in the absence of status effects, reflecting their Pigouvian role. The sign of the Pigouvian part in the income tax schedule is ambiguous and depends crucially on whether status goods are complements or substitutes to leisure.
- Sprache
-
Englisch
- Erschienen in
-
Series: Working Paper ; No. 1114
- Klassifikation
-
Wirtschaft
Externalities
Taxation and Subsidies: Efficiency; Optimal Taxation
Taxation and Subsidies: Externalities; Redistributive Effects; Environmental Taxes and Subsidies
- Thema
-
Optimal Taxation
Externalities
Relative Consumption
Einkommensteuer
Verbrauchsteuer
Optimale Besteuerung
Internalisierung externer Effekte
Asymmetrische Information
Konsuminterdependenz
Theorie
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Eckerstorfer, Paul
- Ereignis
-
Veröffentlichung
- (wer)
-
Johannes Kepler University of Linz, Department of Economics
- (wo)
-
Linz
- (wann)
-
2011
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Eckerstorfer, Paul
- Johannes Kepler University of Linz, Department of Economics
Entstanden
- 2011
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