Progressive taxes, equity, and human capital accumulation in an endogenous growth model with overlapping generations

Article Abstract:

In an endogenous economic model with overlapping generations and human capital accumulation, progressive taxation of labor incomes hurt growth in the long-run and intensify market failures associated with the intergenerational spillovers from human capital accumulation. In an open economy, however, these taxes result to savings that may improve the employment prospects of low skilled and eventually add to economic growth.

Author: Bovenberg, A. Lans, van Ewijk, Casper
Analysis, Economic development, Progressive taxation

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Income taxes and the timing of marital decisions

Article Abstract:

Nontraditional, nonmarket activities, including decisions on when to marry, are affected by added taxes on income associated with getting married. An analysis of household data from the Panel Study on Income Dynamics shows that marriage taxes increased the probability of delaying marriages until the next year. The effects, however, are small.

Author: Alm, James, Whittington, Leslie A.
Taxation, Marriage

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Endogenous markups and the effect of income taxation: theory and evidence from OECD countries

Article Abstract:

Statistical information from 14 member countries of the Organisation for Economic Cooperation and Development has been used to create a model showing how income tax effects consumption in countries where monopolistic competition is permitted.

Author: Wu, Yangru, Zhang, Junxi
Models, Organization for Economic Cooperation and Development, Monopolistic competition

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Subjects list: Research, Economics, Personal income tax, Income tax
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