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| Reference : Optimal redistribution with unobservable disability:Welfarist versus non-welfarist socia... |
| Scientific journals : Article | |||
| Business & economic sciences : Economic systems & public economics | |||
| http://hdl.handle.net/2268/13656 | |||
| Optimal redistribution with unobservable disability:Welfarist versus non-welfarist social objectives | |
| English | |
| Racionero, María [School of Economics, Australian National University > > > >] | |
Pestieau, Pierre  [Université de Liège - ULg > HEC-Ecole de gestion de l'ULg > HEC-Ecole de gestion de l'ULg >] | |
| 2009 | |
| European Economic Review | |
| Elsevier Science | |
| 53 | |
| 636-644 | |
| International | |
| 0014-2921 | |
| Amsterdam | |
| The Netherlands | |
| [en] Optimal non-linear taxation ; Quasi-linear preferences ; Asymmetric information ; Responsibility | |
| [en] This paper examines the optimal non-linear income and commodity tax when the same
labor disutility can receive two alternative interpretations, taste for leisure or disability, but the disability is not readily observable. We compare the optimal policy under alternative social objectives, welfarist and non-welfarist, and conclude that the nonwelfarist objective, in which the planner gives a higher weight to the disutility of labor of the disabled individuals, is the only reasonable specification. It has some foundation in the theory of responsibility; further, unlike the other specifications it yields an optimal solution that may involve a lower labor supply requirement from disabled individuals | |
| Centre de Recherche en Économie Publique et de la Population - C.R.E.P.P | |
| http://hdl.handle.net/2268/13656 |
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