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Understanding The Evolution Of Inequality During Transition: The Optimal Income Taxation

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Author Info
Kanbur, Ravi
Tuomala, Matti
Abstract

What explains the spectacular increases in inequality of disposable income in transitional economies of Central and Eastern Europe? There are at least two possible explanations. First, the pre-tax distribution of income became more unequal because of the shift to a market economy. Second, the degree of progressivity of the income tax system declined. But each of these factors is in turn determined by other structural changes associated with transition-notably, the decrease in public provision of key public goods, the decrease in non income tax revenue sources such as profits from public production, and perhaps a decline in society's inequality aversion. This paper develops a framework in which these different forces on inequality can be assessed. Using a simple two-type and two-sector optimal income tax model with endogenous wages, we first of all show that a decrease in the provision of public goods could indeed lead to increasing "inherent" inequality, in other words inequality in market incomes. It then deploys the Mirrlees model of optimal non- linear taxation to assess the relative impacts of this increase in inherent inequality, the decreasing sources of non income tax revenue, and possible declines in inequality aversion; to get a numerical feel for their possible impacts on inequality.

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Paper provided by Cornell University, Department of Applied Economics and Management in its series Working Papers with number 7240.

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Date of creation: 2002
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Handle: RePEc:ags:cudawp:7240

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Keywords: International Development; Public Economics;

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  1. J. A. Mirrlees, 1976. "Optimal Tax Theory: A Synthesis," Working papers 176, Massachusetts Institute of Technology (MIT), Department of Economics.
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  2. Kevin Roberts, 2000. "A Reconsideration of the Optimal Income Tax," Economics Series Working Papers 006, University of Oxford, Department of Economics. [Downloadable!]
  3. Robin Boadway & Katherine Cuff & Maurice Marchand, 1999. "Optimal Income Taxation With Quasi-Linear Preferences Revisited," Working Papers 984, Queen's University, Department of Economics. [Downloadable!]
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  4. Weymark, John A., 1986. "A reduced-form optimal nonlinear income tax problem," Journal of Public Economics, Elsevier, vol. 30(2), pages 199-217, July. [Downloadable!] (restricted)
  5. Anthony B. Atkinson & Andrea Brandolini, 2001. "Promise and Pitfalls in the Use of "Secondary" Data-Sets: Income Inequality in OECD Countries As a Case Study," Journal of Economic Literature, American Economic Association, vol. 39(3), pages 771-799, September. [Downloadable!] (restricted)
  6. Saez, Emmanuel, 2001. "Using Elasticities to Derive Optimal Income Tax Rates," Review of Economic Studies, Blackwell Publishing, vol. 68(1), pages 205-29, January.
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  7. Lollivier, Stefan & Rochet, Jean-Charles, 1983. "Bunching and second-order conditions: A note on optimal tax theory," Journal of Economic Theory, Elsevier, vol. 31(2), pages 392-400, December. [Downloadable!] (restricted)
  8. Newbery, David M., 1997. "Optimal tax rates and tax design during systemic reform," Journal of Public Economics, Elsevier, vol. 63(2), pages 177-206, January. [Downloadable!] (restricted)
  9. Ritva Immonen & Ravi Kanbur & Michael Keen & Matti Tuomala, 1994. "Tagging and taxing: the optimal use of categorical and income information in designing tax/transfer schemes," IFS Working Papers W94/05, Institute for Fiscal Studies.
  10. Kanbur, Ravi & Tuomala, Matti, 1994. " Inherent Inequality and the Optimal Graduation of Marginal Tax Rates," Scandinavian Journal of Economics, Blackwell Publishing, vol. 96(2), pages 275-82.
  11. Naito, Hisahiro, 1999. "Re-examination of uniform commodity taxes under a non-linear income tax system and its implication for production efficiency," Journal of Public Economics, Elsevier, vol. 71(2), pages 165-188, February. [Downloadable!] (restricted)
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