Evidence on the insurance effect of marginal income taxes (2008)
Grant, Charles, Koulovatianos, Christos, Michaelides, Alexander, Padula, Mario
Marginal income taxes may have an insurance effect by decreasing the effective fluctuations of after-tax individual income. By compressing the idiosyncratic component of personal income fluctuations,...
Evidence on the insurance effect of marginal income taxes (2008)
Grant, Charles, Koulovatianos, Christos, Michaelides, Alexander, Padula, Mario
Marginal income taxes may have an insurance effect by decreasing the effective fluctuations of after-tax individual income. By compressing the idiosyncratic component of personal income fluctuations,...
Redistributive Policies through Taxation: Theory and Evidence (2003)
GRANT, Charles, KOULOVATIANOS, Christos, MICHAELIDES, Alexander, PADULA, Mario
http://www.iue.it/PUB/ECO2003-13.pdf
Redistributive Policies through Taxation: Theory and Evidence (2003)
GRANT, Charles, KOULOVATIANOS, Christos, MICHAELIDES, Alexander, PADULA, Mario
http://www.iue.it/PUB/ECO2003-13.pdf
Redistributive Policies through Taxation: Theory and Evidence (2003)
GRANT, Charles, KOULOVATIANOS, Christos, MICHAELIDES, Alexander, PADULA, Mario
http://www.iue.it/PUB/ECO2003-13.pdf
Properties of Equivalence Scales in Different Countries
Christos Koulovatianos, Carsten Schröder, Ulrich Schmidt
household economies of scale, equivalence scales, survey method, independence of base, C42, C90, D31, D63, I31,
Family-Type Subsistence Incomes
Christos Koulovatianos, Carsten Schröder, Ulrich Schmidt
Different family types may have a fixed flow of consumption costs, related to subsistence needs. We use a survey method in order to identify and estimate such a fixed component of spending for...
Investment in a Monopoly with Bayesian Learning
Christos Koulovatianos, Leonard J. Mirman, Marc Santugini
We study how learning affects an uninformed monopolist?s supply and investment decisions under multiplicative uncertainty in demand. The monopolist is uninformed because it does not know one of the...
Endogenous Public Policy and Long-Run Growth: Some Simple Analytics
Christos Koulovatianos, Leonard J. Mirman
We study the determinants of voting outcomes on the provision of public consumption through marginal income taxes in the context of the simple linear growth model. We provide analytical results on...
The Effects of Market Structure on Industry Growth: Rivalrous Non-excludable Capital
Christos Koulovatianos, Leonard J. Mirman
We analyze imperfect competition in dynamic environments where firms use rivalrous but nonexcludable industry-specific capital that is provided exogenously. Capital depreciation depends on...
Optimal Growth and Uncertainty: Learning
Christos Koulovatianos, Leonard J. Mirman, Marc Santugini
We introduce learning in a Brock-Mirman environment and study the effect of risk generated by the planner's econometric activity on optimal consumption and investment. Here, learning introduces two...
On the Income Dependence of Equivalence Scales
Christos Koulovatianos, Carsten Schroder, Ulrich Schmidt
We suggest a simple survey method for obtaining direct subjective estimates of equivalence scales, also appropriate for testing whether equivalence scales depend on reference-household income. We...
Arbeitslosengeld II: Arbeitsanreize und Verteilungsgerechtigkeit
Christos Koulovatianos, Ulrich Schmidt, Carsten Schröder
Um die Arbeitsanreize und die Verteilungsgerechtigkeit des Arbeitslosengeldes II (ALG II) zu analysieren, ist eine Quantifizierung des Arbeitsleides und des Wertes der Haushaltsproduktion in...
Evidence on the Insurance Effect of Marginal Income Taxes
Grant, Charles, Koulovatianos, Christos, Michaelides, Alexander, Padula, Mario
Marginal income taxes may have an insurance effect by decreasing the effective fluctuations of after-tax individual income. By compressing the idiosyncratic component of personal income fluctuations,...
Endogenous Public Policy and Long-Run Growth
Christos Koulovatianos, Leonard J. Mirman
. We study the determinants of voting outcomes on the provision of public consumption through marginal income taxes in the context of the simple linear growth model. We focus on how the dynamic...
The Effects of Market Structure on Industry Growth
Christos Koulovatianos, Leonard J. Mirman
We study the behavior of firms in an imperfectly competitive environment in which firms influence the evolution of the stock of capital equipment. Our model enables us, using analytical...
Redistributive Policies through Taxation: Theory and Evidence
Charles GRANT, Christos KOULOVATIANOS, Alexander MICHAELIDES, Mario PADULA
Increasing marginal tax rates and making payments to the poor reduce inequality and introduce savings dis-incentives. Using a heterogeneous agent model with incomplete markets, we show that higher...
Evidence on the Insurance Effect of Marginal Income Taxes
Charles Grant, Christos Koulovatianos, Alexander Michaelides, Mario Padula
Marginal income taxes may have an insurance effect by decreasing the effective fluctuations of after-tax individual income. By compressing the idiosyncratic component o personal income fluctuations,...
Properties of Equivalence Scales in Different Countries
Christos Koulovatianos, Carsten Schröder, Ulrich Schmidt
Recent studies in high-income industrialized countries have shown that equivalence scales are income-dependent. We investigate whether this dependence also holds in poorer, services oriented...
Preferences and the Dynamic Representative Consumer
This paper provides families of time-separable, twice continuously di?erentiable, and strictly concave utility functions of a group of consumers that are both su?cient and necessary in order to have...
Non-Market Time and Household Well-Being
Christos Koulovatianos, Carsten Schröder, Ulrich Schmidt
A distinguishing feature among households is whether adult members work or not, since the employment status a?ects a household’s available time for home activities. Using a survey method in two...
Non-Market Household Time and the cost of Children
Christos Koulovatianos, Carsten Schröder, Ulrich Schmidt
A distinguishing feature among households is whether adult members work or not, since the occupational status of adults affects their available time for home activities. Using a survey method in two...
Evidence on the Insurance Effect of Redistributive Taxation
Charles Grant, Christos Koulovatianos, Alexander Michaelides, Mario Padula
A distinguishing feature among households is whether adult members work or not, since the occupational status of adults affects their available time for home activities. Using a survey method in two...
Evidence on the Insurance Effect of Redistributive Taxation
Charles Grant, Christos Koulovatianos, Alexander Michaelides, Mario Padula
A distinguishing feature among households is whether adult members work or not, since the occupational status of adults affects their available time for home activities. Using a survey method in two...
Strategic Exploitation of a Common-Property Resource under Uncertainty
Christos Koulovatianos, Elena Antoniadou, Leonard J.Mirman
We study the impact of uncertainty on the strategies and dynamics of symmetric noncooperative games among players who exploit a non-excludable resource that reproducesunder uncertainty. We focus on a...
Bayesian Learning in Optimal Stochastic Growth
Koulovatianos, Christos, Mirman, Leonard J., Santugini, Marc
We introduce Bayesian learning in a general stochastic growth model and examine the consumption and saving decisions of an agent facing a stochastic production function depending on a parameter. The...
Redistributive Policies through Taxation: Theory and Evidence
Charles Grant, Christos Koulovatianos, Alexander Michaelides, Mario Padula
Increasing marginal tax rates and making payments to the poor reduce inequality and introduce savings dis-incentives. Using a heterogeneous agent model with incomplete markets, we show that higher...
Optimal growth and uncertainty: Learning
Koulovatianos, Christos, Mirman, Leonard J., Santugini, Marc
We introduce learning in a Brock-Mirman environment and study the effect of risk generated by the planner's econometric activity on optimal consumption and investment. Here, learning introduces two...
Nonmarket Household Time and the Cost of Children
Koulovatianos, Christos, Schrder, Carsten, Schmidt, Ulrich
Raising children demands a considerable amount of parental time, obliging working parents either to reduce their leisure time further or to buy childcare services in the market. Parents may face...
Confronting the Robinson Crusoe paradigm with household-size heterogeneity
Christos Koulovatianos, Carsten Schröder, Ulrich Schmidt
Modern macroeconomics empirically addresses economy-wide incentives behind economic actions by using insights from the way a single representative household would behave. This analytical approach...
Welfare-Dependent Household Economies of Scale: Further Evidence
Koulovatianos, Christos, Schröder, Carsten, Schmidt, Ulrich
We use a survey method designed to capture whether the consumption sharing ability of households varies systematically at different levels of well being. Evidence from Cyprus reconfirms our previous...
Non-market time and household well-being
Koulovatianos, Christos, Schröder, Carsten, Schmidt, Ulrich
A distinguishing feature among households is whether adult members work or not, since the employment status affects a household?s available time for home activities. Using a survey method in two...
Family-type subsistence incomes
Koulovatianos, Christos, Schröder, Carsten, Schmidt, Ulrich
Different family types may have a fixed flow of consumption costs, related to subsistence needs. We use a survey method in order to identify and estimate such a fixed component of spending for...