Arbeitspapier
Pareto Weights in Practice: A Quantitative Analysis across 32 OECD Countries
We develop a quantitative heterogeneous-agents general equilibrium model that reproduces the income inequalities of 32 countries in the Organization for Economic Co-operation and Development. Using this model, we compute the optimal income tax rate for each country under the equal-weight utilitarian social welfare function. We simulate the voting outcome for the utilitarian optimal tax reform for each country. Finally, we uncover the Pareto weights in the social welfare functions of each country that justify the current redistribution policy.
- Language
-
Englisch
- Bibliographic citation
-
Series: LIS Working Paper Series ; No. 662
- Classification
-
Wirtschaft
- Subject
-
Income Inequality
Optimal Tax
Pareto Weights
Political Economy
Redistribution
- Event
-
Geistige Schöpfung
- (who)
-
Chang, Bo Hyun
Chang, Yongsung
Kim, Sun-Bin
- Event
-
Veröffentlichung
- (who)
-
Luxembourg Income Study (LIS)
- (where)
-
Luxembourg
- (when)
-
2016
- Handle
- Last update
-
10.03.2025, 11:44 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Chang, Bo Hyun
- Chang, Yongsung
- Kim, Sun-Bin
- Luxembourg Income Study (LIS)
Time of origin
- 2016
Other Objects (12)
Demographic Behaviour and Earnings Inequality across OECD Countries
Evaluating preference weights for the Asthma Symptom Utility Index (ASUI) across countries
What Drives Business R&D Intensity Across OECD Countries?
Income redistribution through taxes and transfers across OECD countries
Fat spouses and hours of work: Are body and Pareto weights correlated?
Fat spouses and hours of work: are body and Pareto weights correlated?
Comparative advantage for research and development across industries in OECD countries
The Cyclical Behavior of Equilibrium Unemployment and Vacancies Across OECD Countries
Comparative advantage for research and development across industries in OECD countries
Comparative advantage for research and development across industries in OECD countries
Structural Change and Convergence of Energy Intensity across OECD Countries, 1970-2005
Pareto Sums of Pareto Sets
Demographic Behaviour and Earnings Inequality across OECD Countries
Evaluating preference weights for the Asthma Symptom Utility Index (ASUI) across countries
What Drives Business R&D Intensity Across OECD Countries?
Income redistribution through taxes and transfers across OECD countries
Fat spouses and hours of work: Are body and Pareto weights correlated?
Fat spouses and hours of work: are body and Pareto weights correlated?
Comparative advantage for research and development across industries in OECD countries
The Cyclical Behavior of Equilibrium Unemployment and Vacancies Across OECD Countries
Comparative advantage for research and development across industries in OECD countries
Comparative advantage for research and development across industries in OECD countries
Structural Change and Convergence of Energy Intensity across OECD Countries, 1970-2005
Pareto Sums of Pareto Sets
Demographic Behaviour and Earnings Inequality across OECD Countries
Evaluating preference weights for the Asthma Symptom Utility Index (ASUI) across countries
What Drives Business R&D Intensity Across OECD Countries?
Income redistribution through taxes and transfers across OECD countries
Fat spouses and hours of work: Are body and Pareto weights correlated?
Fat spouses and hours of work: are body and Pareto weights correlated?
Comparative advantage for research and development across industries in OECD countries
The Cyclical Behavior of Equilibrium Unemployment and Vacancies Across OECD Countries
Comparative advantage for research and development across industries in OECD countries
Comparative advantage for research and development across industries in OECD countries
Structural Change and Convergence of Energy Intensity across OECD Countries, 1970-2005