haku: @indexterm welfare economics / yhteensä: 236
viite: 94 / 236
| Tekijä: | Wildasin, D. E. |
| Otsikko: | Income redistribution in a common labor market. |
| Lehti: | American Economic Review
1991 : SEP, VOL. 81:4, p. 757-774 |
| Asiasana: | LABOUR MARKETS MIGRATION INCOMES POLICY WELFARE ECONOMICS |
| Kieli: | eng |
| Tiivistelmä: | When households are mobile among jurisdictions (such as cities, states, provinces, or countries), income redistribution by individual jurisdictions creates fiscal externalities. A model of interjurisdictional migration is used to study the nature of this redistributive externality. Analysis of optimal redistribution and optimal corrective subsidies from higher-level governments shows that benefit levels for the recipients of income transfers and tax rates on mobile taxpayers should be equalized across jurisdictions. A system of jurisdictions with a common labour market can achieve welfare improvements through coordination of "domestic" redistributive policy or by intervention of a higher-level government. |
SCIMA