LEADER 02943nam 22004093a 450 001 9910831859003321 005 20250203235540.0 010 $a9783863097035 010 $a3863097033 024 8 $ahttps://doi.org/10.20378/irb-46651 035 $a(CKB)4950000000289991 035 $a(ScCtBLL)e656f265-7bc2-41dc-a840-2a60634e1ba7 035 $a(Perlego)2327337 035 $a(EXLCZ)994950000000289991 100 $a20250203i20192021 uu 101 0 $aeng 135 $auru|||||||||| 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 00$aRedistributive Taxation in Dynamic General Equilibrium with Heterogeneous Agents$fChristian Putz$hVolume 38 210 1$a[s.l.] :$cBamberg University Press,$d2019. 215 $a1 online resource (1 p.) 225 1 $aSchriften aus der Fakultät Sozial- und Wirtschaftswissenschaften 330 $aThe consideration of the distribution of income, wealth and consumption within countries around the globe reveals one basic and consistent picture: inequality in the allocation of resources is a prevailing global phenomenon and subject to an ongoing negative trend since, at least, the last three decades. In general, governments are equipped with a range of instruments and tools to influence distribution, with redistributive tax systems being considered the most direct, powerful and popular instrument in this context. Besides its influence on resource allocation, however, tax and transfer policies also possess substantial effects on many economic areas, for example, economic growth, financial markets and individual as well as aggregate welfare. Although widely discussed, the effects of taxation and redistribution as well as the underlying causes are not yet fully understood. By the means of economic equilibrium models the present work, therefore, addresses the influence of redistributive taxation within a closed economy populated by heterogeneous agents. The results show that rising tax rates on labor income or capital gains are generally associated with decreasing economic growth rates and, hence, diminishing future consumption possibilities. Moreover, in a variety of cases, redistributive taxation might foster inequality in wealth, consumption and participation rates. Even when effective, redistributive taxation is generally associated with a trade-off between macroeconomic growth and equality (or welfare). 410 $aSchriften aus der Fakultät Sozial- und Wirtschaftswissenschaften 606 $aPolitical Science / Political Economy$2bisacsh 606 $aPolitical science 615 7$aPolitical Science / Political Economy 615 0$aPolitical science. 700 $aPutz$b Christian$01786937 801 0$bScCtBLL 801 1$bScCtBLL 906 $aBOOK 912 $a9910831859003321 996 $aRedistributive Taxation in Dynamic General Equilibrium with Heterogeneous Agents$94319469 997 $aUNINA