Fairness and redistribution, a comment
Resumen:
We provide an example that shows that in the Alesina and Angeletos (2005) model one can obtain multiplicity even if luck plays no role inthe economy. Thus, it is not critical that the noise to signal ratio beincreasing in taxes, or that desired taxes are increasing in the noise tosignal ratio.
| 2013 | |
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Inequality Taxation Redistribution Political economy |
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| Inglés | |
| Universidad de Montevideo | |
| REDUM | |
| https://hdl.handle.net/20.500.12806/1331 | |
| Acceso abierto | |
| Attribution-NonCommercial-NoDerivatives 4.0 Internacional |
| Sumario: | We provide an example that shows that in the Alesina and Angeletos (2005) model one can obtain multiplicity even if luck plays no role inthe economy. Thus, it is not critical that the noise to signal ratio beincreasing in taxes, or that desired taxes are increasing in the noise tosignal ratio. |
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