Replication data for: Generalized Social Marginal Welfare Weights for Optimal Tax Theory
Principal Investigator(s): View help for Principal Investigator(s) Emmanuel Saez; Stefanie Stantcheva
Version: View help for Version V1
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Project Citation:
Saez, Emmanuel, and Stantcheva, Stefanie. Replication data for: Generalized Social Marginal Welfare Weights for Optimal Tax Theory. Nashville, TN: American Economic Association [publisher], 2016. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2019-10-12. https://doi.org/10.3886/E113013V1
Project Description
Summary:
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This paper proposes to evaluate tax reforms by aggregating money metric losses and gains of different individuals using "generalized social marginal welfare weights." Optimum tax formulas take the same form as standard welfarist tax formulas by simply substituting standard marginal social welfare weights with those generalized weights. Weights directly capture society's concerns for fairness without being necessarily tied to individual utilities. Suitable weights can help reconcile discrepancies between the welfarist approach and actual tax practice, as well as unify in an operational way the most prominent alternatives to utilitarianism such as Libertarianism, equality of opportunity, or poverty alleviation. (JEL D60, D63, H21, H23, I38)
Scope of Project
JEL Classification:
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D60 Welfare Economics: General
D63 Equity, Justice, Inequality, and Other Normative Criteria and Measurement
H21 Taxation and Subsidies: Efficiency; Optimal Taxation
H23 Taxation and Subsidies: Externalities; Redistributive Effects; Environmental Taxes and Subsidies
I38 Welfare, Well-Being, and Poverty: Government Programs; Provision and Effects of Welfare Programs
D60 Welfare Economics: General
D63 Equity, Justice, Inequality, and Other Normative Criteria and Measurement
H21 Taxation and Subsidies: Efficiency; Optimal Taxation
H23 Taxation and Subsidies: Externalities; Redistributive Effects; Environmental Taxes and Subsidies
I38 Welfare, Well-Being, and Poverty: Government Programs; Provision and Effects of Welfare Programs
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