Tax Policy and Present-Biased Preferences: Paternalism under International Capital Mobility
Author
Suggested Citation
Download full text from publisher
Other versions of this item:
- Aronsson, Thomas & Sjögren, Tomas, 2014. "Tax policy and present-biased preferences: Paternalism under international capital mobility," Journal of Economic Behavior & Organization, Elsevier, vol. 106(C), pages 298-316.
References listed on IDEAS
- Matthew Rabin & Ted O'Donoghue, 1999.
"Doing It Now or Later,"
American Economic Review, American Economic Association, vol. 89(1), pages 103-124, March.
- Ted O'Donoghue & Matthew Rabin, 1996. "Doing It Now or Later," Discussion Papers 1172, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Ted O'Donoghue and Matthew Rabin ., 1997. "Doing It Now or Later," Economics Working Papers 97-253, University of California at Berkeley.
- O'Donoghue, Ted & Rabin, Matthew, 1997. "Doing It Now or Later," Department of Economics, Working Paper Series qt7t44m5b0, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
- O'Donoghue, Ted & Rabin, Matthew, 2006.
"Optimal sin taxes,"
Journal of Public Economics, Elsevier, vol. 90(10-11), pages 1825-1849, November.
- Ted O'Donoghue & Matthew Rabin, 2005. "Optimal Sin Taxes," Levine's Bibliography 784828000000000346, UCLA Department of Economics.
- Ted O'Donoghue & Matthew Rabin, 2001.
"Choice and Procrastination,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 116(1), pages 121-160.
- O'Donoghue, Ted & Rabin, Matthew, 2000. "Choice and Procrastination," Department of Economics, Working Paper Series qt5r26k54p, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
- Ted O' Donoghue & Matthew Rabin, 2001. "Choice and Procrastination," Microeconomics 0012002, University Library of Munich, Germany.
- Ted O' Donoghue and Matthew Rabin., 2000. "Choice and Procrastination," Economics Working Papers E00-281, University of California at Berkeley.
- Huber, Bernd, 1999. "Tax competition and tax coordination in an optimum income tax model," Journal of Public Economics, Elsevier, vol. 71(3), pages 441-458, March.
- DePeter James A. & Myers Gordon M., 1994. "Strategic Capital Tax Competition: A Pecuniary Externality and a Corrective Device," Journal of Urban Economics, Elsevier, vol. 36(1), pages 66-78, July.
- John D. Hey & Gianna Lotito, 2018.
"Naive, resolute or sophisticated? A study of dynamic decision making,"
World Scientific Book Chapters, in: Experiments in Economics Decision Making and Markets, chapter 11, pages 275-299,
World Scientific Publishing Co. Pte. Ltd..
- John Hey & Gianna Lotito, 2009. "Naive, resolute or sophisticated? A study of dynamic decision making," Journal of Risk and Uncertainty, Springer, vol. 38(1), pages 1-25, February.
- John D Hey & Gianna Lotito, 2007. "Naïve, Resolute or Sophisticated? A Study of Dynamic Decision Making," Discussion Papers 07/03, Department of Economics, University of York.
- Stefano DellaVigna, 2009.
"Psychology and Economics: Evidence from the Field,"
Journal of Economic Literature, American Economic Association, vol. 47(2), pages 315-372, June.
- Stefano DellaVigna, 2007. "Psychology and Economics: Evidence from the Field," NBER Working Papers 13420, National Bureau of Economic Research, Inc.
- Bucovetsky, Sam & Wilson, John Douglas, 1991. "Tax competition with two tax instruments," Regional Science and Urban Economics, Elsevier, vol. 21(3), pages 333-350, November.
- Thaler, Richard, 1981. "Some empirical evidence on dynamic inconsistency," Economics Letters, Elsevier, vol. 8(3), pages 201-207.
- Aronsson, Thomas & Thunström, Linda, 2008. "A note on optimal paternalism and health capital subsidies," Economics Letters, Elsevier, vol. 101(3), pages 241-242, December.
- Alexander L. Brown & Zhikang Eric Chua & Colin F. Camerer, 2009.
"Learning and Visceral Temptation in Dynamic Saving Experiments,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 124(1), pages 197-231.
- Alexander L. Brown & Colin F. Camerer & Zhikang Eric Chua, 2006. "Learning and Visceral Temptation in Dynamic Savings Experiments," Levine's Bibliography 321307000000000048, UCLA Department of Economics.
- Stiglitz, Joseph E., 1987.
"Pareto efficient and optimal taxation and the new new welfare economics,"
Handbook of Public Economics, in: A. J. Auerbach & M. Feldstein (ed.), Handbook of Public Economics, edition 1, volume 2, chapter 15, pages 991-1042,
Elsevier.
- Joseph E. Stiglitz, 1987. "Pareto Efficient and Optimal Taxation and the New New Welfare Economics," NBER Working Papers 2189, National Bureau of Economic Research, Inc.
- Bernheim, B. Douglas, 2002.
"Taxation and saving,"
Handbook of Public Economics, in: A. J. Auerbach & M. Feldstein (ed.), Handbook of Public Economics, edition 1, volume 3, chapter 18, pages 1173-1249,
Elsevier.
- B. Douglas Bernheim, 1999. "Taxation and Saving," NBER Working Papers 7061, National Bureau of Economic Research, Inc.
- B. Douglas Bernheim, 1999. "Taxation and Saving," Working Papers 99007, Stanford University, Department of Economics.
- E. S. Phelps & R. A. Pollak, 1968. "On Second-Best National Saving and Game-Equilibrium Growth," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 35(2), pages 185-199.
- Giovanni Mastrobuoni & Matthew Weinberg, 2009.
"Heterogeneity in Intra-monthly Consumption Patterns, Self-Control, and Savings at Retirement,"
American Economic Journal: Economic Policy, American Economic Association, vol. 1(2), pages 163-189, August.
- Giovanni Mastrobuoni & Matthew Weinberg, 2007. "Heterogeneity in Intra-Monthly Consumption. Patterns, Self-Control, and Savings at Retirement," CeRP Working Papers 57, Center for Research on Pensions and Welfare Policies, Turin (Italy).
- Giovanni Mastrobuoni & Matthew Weinberg, 2007. "Heterogeneity in Intra-Monthly Consumption Patterns, Self-Control, and Savings at Retirement," Working Papers 65, Princeton University, Department of Economics, Center for Economic Policy Studies..
- Giovanni Mastrobuoni & Matthew Weinberg, 2007. "Heterogeneity in Intra-Monthly Consumption Patterns, Self-Control, and Savings at Retirement," Carlo Alberto Notebooks 36, Collegio Carlo Alberto.
- Ted O'Donoghue & Matthew Rabin, 2003. "Studying Optimal Paternalism, Illustrated by a Model of Sin Taxes," American Economic Review, American Economic Association, vol. 93(2), pages 186-191, May.
- Aronsson, Thomas & Granlund, David, 2011. "Public goods and optimal paternalism under present-biased preferences," Economics Letters, Elsevier, vol. 113(1), pages 54-57, October.
- Martin Feldstein, 2008.
"Resolving the Global Imbalance: The Dollar and the U.S. Saving Rate,"
Journal of Economic Perspectives, American Economic Association, vol. 22(3), pages 113-125, Summer.
- Martin S. Feldstein, 2008. "Resolving the Global Imbalance: The Dollar and the U.S. Saving Rate," NBER Working Papers 13952, National Bureau of Economic Research, Inc.
- Feldstein, Martin, 2008. "Resolving the Global Imbalance: The Dollar and the U.S. Saving Rate," Scholarly Articles 2792081, Harvard University Department of Economics.
- Gruber, Jonathan & Koszegi, Botond, 2004. "Tax incidence when individuals are time-inconsistent: the case of cigarette excise taxes," Journal of Public Economics, Elsevier, vol. 88(9-10), pages 1959-1987, August.
- Wolfgang Eggert & Martin Kolmar, 2002. "Residence-Based Capital Taxation in a Small Open Economy: Why Information is Voluntarily Exchanged and Why it is Not," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 9(4), pages 465-482, August.
- Huber, Bernd, 1999. "Tax competition and tax coordination in an optimum income tax model," Munich Reprints in Economics 19402, University of Munich, Department of Economics.
- David Laibson, 1997.
"Golden Eggs and Hyperbolic Discounting,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 112(2), pages 443-478.
- Laibson, David I., 1997. "Golden Eggs and Hyperbolic Discounting," Scholarly Articles 4481499, Harvard University Department of Economics.
- David I. Laibson, 1996. "Hyperbolic Discount Functions, Undersaving, and Savings Policy," NBER Working Papers 5635, National Bureau of Economic Research, Inc.
- George R. Zodrow & Peter Mieszkowski, 2019.
"Pigou, Tiebout, Property Taxation, and the Underprovision of Local Public Goods,"
World Scientific Book Chapters, in: George R Zodrow (ed.), TAXATION IN THEORY AND PRACTICE Selected Essays of George R. Zodrow, chapter 17, pages 525-542,
World Scientific Publishing Co. Pte. Ltd..
- Zodrow, George R. & Mieszkowski, Peter, 1986. "Pigou, Tiebout, property taxation, and the underprovision of local public goods," Journal of Urban Economics, Elsevier, vol. 19(3), pages 356-370, May.
- Stiglitz, Joseph E., 1982.
"Self-selection and Pareto efficient taxation,"
Journal of Public Economics, Elsevier, vol. 17(2), pages 213-240, March.
- Joseph E. Stiglitz, 1981. "Self-Selection and Pareto Efficient Taxation," NBER Working Papers 0632, National Bureau of Economic Research, Inc.
- Bucovetsky, S., 1991. "Asymmetric tax competition," Journal of Urban Economics, Elsevier, vol. 30(2), pages 167-181, September.
- Diamond, Peter & Koszegi, Botond, 2003. "Quasi-hyperbolic discounting and retirement," Journal of Public Economics, Elsevier, vol. 87(9-10), pages 1839-1872, September.
- Brett, Craig, 1998. "A note on nonlinear taxation in an overlapping generations model," MPRA Paper 8776, University Library of Munich, Germany.
- Bacchetta, Philippe & Espinosa, Maria Paz, 1995.
"Information sharing and tax competition among governments,"
Journal of International Economics, Elsevier, vol. 39(1-2), pages 103-121, August.
- Bacchetta, P. & Paz Espinosa, M., 1992. "Information Sharing and Tax Competition Among Governments," UFAE and IAE Working Papers 173.92, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC).
- Philippe Bacchetta & Maria Paz Espinosa, 1993. "Information Sharing and Tax Competition Among Governments," CEPR Financial Markets Paper 0028, European Science Foundation Network in Financial Markets, c/o C.E.P.R, 33 Great Sutton Street, London EC1V 0DX..
- Stern, Nicholas, 1982. "Optimum taxation with errors in administration," Journal of Public Economics, Elsevier, vol. 17(2), pages 181-211, March.
- Thomas Aronsson & Olof Johansson‐Stenman, 2010.
"Positional Concerns In An Olg Model: Optimal Labor And Capital Income Taxation,"
International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 51(4), pages 1071-1095, November.
- Aronsson, Thomas & Johansson-Stenman, Olof, 2009. "Positional Concerns In An Olg Model: Optimal Labor And Capital Income Taxation," Working Papers in Economics 355, University of Gothenburg, Department of Economics.
- Kirby, Kris N. & Marakovic, Nino N., 1995. "Modeling Myopic Decisions: Evidence for Hyperbolic Delay-Discounting within Subjects and Amounts," Organizational Behavior and Human Decision Processes, Elsevier, vol. 64(1), pages 22-30, October.
- B. Douglas Bernheim & Jonathan Skinner & Steven Weinberg, 2001.
"What Accounts for the Variation in Retirement Wealth among U.S. Households?,"
American Economic Review, American Economic Association, vol. 91(4), pages 832-857, September.
- B. Douglas Bernheim & Jonathan Skinner & Steven Weinberg, 1997. "What Accounts for the Variation in Retirement Wealth Among U.S. Households?," Working Papers 97035, Stanford University, Department of Economics.
- B. Douglas Bernheim & Jonathan Skinner & Steven Weinberg, 1997. "What Accounts for the Variation in Retirement Wealth Among U.S. Households?," NBER Working Papers 6227, National Bureau of Economic Research, Inc.
- Shane Frederick & George Loewenstein & Ted O'Donoghue, 2002. "Time Discounting and Time Preference: A Critical Review," Journal of Economic Literature, American Economic Association, vol. 40(2), pages 351-401, June.
- W. Viscusi & Joel Huber & Jason Bell, 2008. "Estimating discount rates for environmental quality from utility-based choice experiments," Journal of Risk and Uncertainty, Springer, vol. 37(2), pages 199-220, December.
- Massimo Guidolin & Elizabeth A. La Jeunesse, 2007. "The decline in the U.S. personal saving rate: is it real and is it a puzzle?," Review, Federal Reserve Bank of St. Louis, vol. 89(Nov), pages 491-514.
- Kay, John A, 1990. "Tax Policy: A Survey," Economic Journal, Royal Economic Society, vol. 100(399), pages 18-75, March.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Arvaniti, Maria & Sjögren, Tomas, 2023. "Temptation in consumption and optimal taxation," Journal of Economic Behavior & Organization, Elsevier, vol. 205(C), pages 687-707.
- Giovanni Immordino & Anna Maria C. Menichini & Maria Grazia Romano, 2020.
"Taxing and Regulating Vices,"
Scandinavian Journal of Economics, Wiley Blackwell, vol. 122(2), pages 622-647, April.
- Annamaria Menichini & Giovanni Immordino & Maria Grazia Romano, 2016. "Taxing and Regulating Vices," CSEF Working Papers 434, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.
- Aronsson, Thomas & Sjögren, Tomas, 2016. "Quasi-hyperbolic discounting, paternalism and optimal mixed taxation," Mathematical Social Sciences, Elsevier, vol. 84(C), pages 24-36.
- Maria Arvaniti & Tomas Sjögren, 2020. "Temptation in Consumption and Optimal Redistributive Taxation," CER-ETH Economics working paper series 20/339, CER-ETH - Center of Economic Research (CER-ETH) at ETH Zurich.
- Thomas Aronsson & Olof Johansson‐Stenman & Tomas Sjögren, 2019.
"Social Comparisons and Optimal Taxation in a Small Open Economy,"
Scandinavian Journal of Economics, Wiley Blackwell, vol. 121(4), pages 1500-1532, October.
- Aronsson, Thomas & Johansson-Stenman, Olof & Sjögren, Tomas, 2016. "Social Comparisons and Optimal Taxation in a Small Open Economy," Working Papers in Economics 658, University of Gothenburg, Department of Economics.
- Aronsson, Thomas & Johansson-Stenman, Olof & Sjögren, Tomas, 2016. "Social Comparisons and Optimal Taxation in a Small Open Economy," Umeå Economic Studies 933, Umeå University, Department of Economics.
- Aronsson, Thomas & Hetschko, Clemens & Schöb, Ronnie, 2020.
"Globalization, Time-Preferences, and Populist Voting,"
Umeå Economic Studies
978, Umeå University, Department of Economics.
- Thomas Aronsson & Clemens Hetschko & Ronnie Schöb, 2020. "Globalization, Time-Preferences, and Populist Voting," CESifo Working Paper Series 8466, CESifo.
- Christos Kotsogiannis & Robert Schwager, 2022. "Present bias and externalities: Can government intervention raise welfare?," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 55(3), pages 1480-1506, August.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Aronsson, Thomas & Granlund, David, 2010. "Present-Biased Preferences and Publicly Provided Health Care," HUI Working Papers 41, HUI Research.
- Aronsson, Thomas & Sjögren, Tomas, 2016. "Quasi-hyperbolic discounting, paternalism and optimal mixed taxation," Mathematical Social Sciences, Elsevier, vol. 84(C), pages 24-36.
- Thomas Aronsson & Olof Johansson‐Stenman & Tomas Sjögren, 2019.
"Social Comparisons and Optimal Taxation in a Small Open Economy,"
Scandinavian Journal of Economics, Wiley Blackwell, vol. 121(4), pages 1500-1532, October.
- Aronsson, Thomas & Johansson-Stenman, Olof & Sjögren, Tomas, 2016. "Social Comparisons and Optimal Taxation in a Small Open Economy," Working Papers in Economics 658, University of Gothenburg, Department of Economics.
- Aronsson, Thomas & Johansson-Stenman, Olof & Sjögren, Tomas, 2016. "Social Comparisons and Optimal Taxation in a Small Open Economy," Umeå Economic Studies 933, Umeå University, Department of Economics.
- Guo, Jang-Ting & Krause, Alan, 2015.
"Dynamic nonlinear income taxation with quasi-hyperbolic discounting and no commitment,"
Journal of Economic Behavior & Organization, Elsevier, vol. 109(C), pages 101-119.
- Jang-Ting Guo & Alan Krause, "undated". "Dynamic Nonlinear Income Taxation with Quasi-Hyperbolic Discounting and No Commitment," Discussion Papers 11/16, Department of Economics, University of York.
- Jang-Ting Guo & Alan Krause, 2014. "Dynamic Nonlinear Income Taxation with Quasi-Hyperbolic Discounting and No Commitment," Working Papers 201415, University of California at Riverside, Department of Economics.
- Minwook Kang, 2015. "Welfare criteria for quasi-hyperbolic time preferences," Economics Bulletin, AccessEcon, vol. 35(4), pages 2506-2511.
- Galizzi, Matteo M. & Miraldo, Marisa & Stavropoulou, Charitini & van der Pol, Marjon, 2016.
"Doctor–patient differences in risk and time preferences: A field experiment,"
Journal of Health Economics, Elsevier, vol. 50(C), pages 171-182.
- Galizzi, Matteo M. & Miraldo, Marisa & Stavropoulou, Charitini & van der Pol, Marjon, 2016. "Doctor–patient differences in risk and time preferences: a field experiment," LSE Research Online Documents on Economics 68143, London School of Economics and Political Science, LSE Library.
- Aronsson, Thomas & Granlund, David, 2011. "Public goods and optimal paternalism under present-biased preferences," Economics Letters, Elsevier, vol. 113(1), pages 54-57, October.
- Minwook Kang, 2019. "Pareto-improving tax policies under hyperbolic discounting," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 26(3), pages 618-660, June.
- Committee, Nobel Prize, 2017. "Richard H. Thaler: Integrating Economics with Psychology," Nobel Prize in Economics documents 2017-1, Nobel Prize Committee.
- Heutel, Garth, 2015. "Optimal policy instruments for externality-producing durable goods under present bias," Journal of Environmental Economics and Management, Elsevier, vol. 72(C), pages 54-70.
- Thomas Aronsson & Clemens Hetschko & Ronnie Schöb, 2020.
"Globalization, Time-Preferences, and Populist Voting,"
CESifo Working Paper Series
8466, CESifo.
- Aronsson, Thomas & Hetschko, Clemens & Schöb, Ronnie, 2020. "Globalization, Time-Preferences, and Populist Voting," Umeå Economic Studies 978, Umeå University, Department of Economics.
- Aronsson, Thomas & Granlund, David, 2010. "Public Goods and Optimal Paternalism under Present-Biased Preferences," HUI Working Papers 38, HUI Research.
- Drouhin, Nicolas, 2020.
"Non-stationary additive utility and time consistency,"
Journal of Mathematical Economics, Elsevier, vol. 86(C), pages 1-14.
- Nicolas Drouhin, 2019. "Non stationary additive utility and time consistency," Working Papers halshs-01238584, HAL.
- Nicolas Drouhin, 2020. "Non-stationary additive utility and time consistency," Post-Print halshs-02363089, HAL.
- Dorian Jullien, 2018. "Under Risk, Over Time, Regarding Other People: Language and Rationality within Three Dimensions," Research in the History of Economic Thought and Methodology, in: Including a Symposium on Latin American Monetary Thought: Two Centuries in Search of Originality, volume 36, pages 119-155, Emerald Group Publishing Limited.
- Maria Alessandra Antonelli & Valeria De Bonis & Angelo Castaldo & Alessandrao Gandolfo, 2022. "Sin goods taxation: an encompassing model," Public Finance Research Papers 52, Istituto di Economia e Finanza, DSGE, Sapienza University of Rome.
- Tran, Chung, 2018.
"Temptation and taxation with elastic labor,"
Economic Modelling, Elsevier, vol. 70(C), pages 351-369.
- Chung Tran, 2014. "Temptation and Taxation with Elastic Labor," ANU Working Papers in Economics and Econometrics 2014-617, Australian National University, College of Business and Economics, School of Economics.
- Kang, Minwook, 2020. "Demand deposit contracts and bank runs with present biased preferences," Journal of Banking & Finance, Elsevier, vol. 119(C).
- Chu-chuan Cheng & Hsun Chu, 2018.
"Optimal policies for sin goods and health care: Tax or subsidy?,"
International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 25(2), pages 412-429, April.
- Cheng, Chu-Chuan & Chu, Hsun, 2017. "Optimal Policies for Sin Goods and Health Care: Tax or Subsidy?," MPRA Paper 80183, University Library of Munich, Germany.
- Hammond, Peter J & Zank, Horst, 2013. "Rationality and Dynamic Consistency under Risk and Uncertainty," The Warwick Economics Research Paper Series (TWERPS) 1033, University of Warwick, Department of Economics.
- Arbex, Marcelo & Mattos, Enlinson, 2019. "Optimal paternalistic health and human capital subsidy," Economics Letters, Elsevier, vol. 176(C), pages 39-42.
More about this item
Keywords
Quasi-hyperbolic discounting; capital mobility; source based taxation; residence based taxation; labor income taxation;All these keywords.
JEL classification:
- D61 - Microeconomics - - Welfare Economics - - - Allocative Efficiency; Cost-Benefit Analysis
- D91 - Microeconomics - - Micro-Based Behavioral Economics - - - Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making
- H21 - Public Economics - - Taxation, Subsidies, and Revenue - - - Efficiency; Optimal Taxation
- H23 - Public Economics - - Taxation, Subsidies, and Revenue - - - Externalities; Redistributive Effects; Environmental Taxes and Subsidies
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hhs:umnees:0833. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: David Skog (email available below). General contact details of provider: https://edirc.repec.org/data/inumuse.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.