Optimal income transfers

Description

"A substantial literature addresses the design of transfer programs and policies, including the negative income tax, other means-tested transfers, the earned income tax credit, categorical assistance, and work inducements. This work is largely independent of that on the optimal nonlinear income tax, yet formulations of such a tax necessarily address how low-income individuals should be treated. This paper draws on the optimal income taxation literature to illuminate the analysis of transfer programs, including the level and shape of marginal tax rates (including phase-outs), the structure of categorical assistance, and the role of work inducements in an optimal income transfer scheme"--National Bureau of Economic Research web site.

Subjects

Series Statement

• NBER working paper series -- working paper 12284
• Working paper series (National Bureau of Economic Research : Online) -- working paper no. 12284.

Links

• External source

Other Editions

• Optimal income transfersHarvard Law School2006-01-01
• Optimal income transfersElectronic resourceNational Bureau of Economic Research2006