The effects of redistributive taxation in credit markets with adverse selection

被引：0
|
作者：
Dosis, Anastasios [1 ,2 ]
机构：
[1] ESSEC Business Sch, Dept Econ, 3 Av Bernard Hirsch,BP 50105, F-95021 Cergy, France
[2] ESSEC Business Sch, THEMA Res Ctr, 3 Av Bernard Hirsch,BP 50105, F-95021 Cergy, France
来源：
ECONOMICS LETTERS | 2019年 / 184卷
关键词：
Credit market; Adverse selection; Taxation; Redistribution; Welfare; INSURANCE MARKETS; EQUILIBRIUM;
D O I：
10.1016/j.econlet.2019.108595
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This paper studies the effects of redistributive taxation in credit markets with adverse selection and shows that there exists a range of taxes that creates Pareto improvements relative to the (zero-tax) market allocation by increasing aggregate investment. For sufficiently high taxes, an increase in the safe interest rate can be accompanied by an increase in investment. (C) 2019 Elsevier B.V. All rights reserved.
引用
收藏
页数：5
相关论文
共 50 条
  • [21] OPTIMAL REDISTRIBUTIVE TAXATION AND UNCERTAINTY
    EATON, J
    ROSEN, HS
    QUARTERLY JOURNAL OF ECONOMICS, 1980, 95 (02): : 357 - 364
  • [22] REDISTRIBUTIVE PROPERTIES OF PROGRESSIVE TAXATION
    THON, D
    MATHEMATICAL SOCIAL SCIENCES, 1987, 14 (02) : 185 - 191
  • [23] REDISTRIBUTIVE TAXATION IN THE ROY MODEL
    Rothschild, Casey
    Scheuer, Florian
    QUARTERLY JOURNAL OF ECONOMICS, 2013, 128 (02): : 623 - 668
  • [24] CYCLICAL AND NONCYCLICAL REDISTRIBUTIVE TAXATION
    KEMP, MC
    LONG, NV
    SHIMOMURA, K
    INTERNATIONAL ECONOMIC REVIEW, 1993, 34 (02) : 415 - 429
  • [25] Redistributive Taxation in the Era of Globalization
    Silke Gottschalk
    Wolfgang Peters
    International Tax and Public Finance, 2003, 10 : 453 - 468
  • [26] The Redistributive Potential of Transfer Taxation
    Hines, James R., Jr.
    PUBLIC FINANCE REVIEW, 2013, 41 (06) : 885 - 903
  • [27] Redistributive politics with distortionary taxation
    Crutzen, Benoit S. Y.
    Sahuguet, Nicolas
    JOURNAL OF ECONOMIC THEORY, 2009, 144 (01) : 264 - 279
  • [28] Redistributive Capital Taxation Revisited
    Kina, Ozlem
    Slavik, Ctirad
    Yazici, Hakki
    AMERICAN ECONOMIC JOURNAL-MACROECONOMICS, 2024, 16 (02) : 182 - 216
  • [29] REDISTRIBUTIVE TAXATION AS SOCIAL INSURANCE
    VARIAN, HR
    JOURNAL OF PUBLIC ECONOMICS, 1980, 14 (01) : 49 - 68
  • [30] Adverse Selection in Reinsurance Markets
    Garven, James R.
    Hilliard, James I.
    Grace, Martin F.
    GENEVA RISK AND INSURANCE REVIEW, 2014, 39 (02): : 222 - 253
12345