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Taxes in a Wealth Distribution Model by Inelastically Scattering of Particles

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Author Info
Sebastian Guala () (Universidad Nacional de General Sarmiento)
Abstract

In this work we use an inelastic scattering process of particles to propose a model able to reproduce the salient features of the wealth distribution in an economy by including taxes to each trading process and redistributing that collected among the population according to a given criterion. Additionally, we show that different optimal levels of taxes may exist depending on the redistribution criterion.

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File URL: http://indecs.eu/2009/indecs2009-pp1-7.html
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Publisher Info
Article provided by Croatian Interdisciplinary Society Provider Homepage: http://indecs.eu in its journal Interdisciplinary Description of Complex Systems.

Volume (Year): 7 (2009)
Issue (Month): 1 ()
Pages: 1-7
Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Handle: RePEc:zna:indecs:v:7:y:2009:i:1:p:1-7

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For technical questions regarding this item, or to correct its listing, contact: (Josip Stepanic).

Related research
Keywords: wealth distribution; inelastic collisions;

Find related papers by JEL classification:
H21 - Public Economics - - Taxation, Subsidies, and Revenue - - - Efficiency; Optimal Taxation
H23 - Public Economics - - Taxation, Subsidies, and Revenue - - - Externalities; Redistributive Effects; Environmental Taxes and Subsidies
H30 - Public Economics - - Fiscal Policies and Behavior of Economic Agents - - - General

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This page was last updated on 2009-11-22.

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