| Imprint: |
Barcelona Graduate School of Economics 2018 |
| Description: |
26 p. |
| Abstract: |
In the division of scal responsibilities between central and local governments, it is usually argued that income insurance and nequality should be dealt with by the central government. This paper explores the extent to which the US federal tax and transfer system is able to provide uniform social insurance to a prototype family in diferent states, given variations in state tax and transfer policies. We simulate the combined response of federal and state taxes and transfers to a negative pre-tax income shock, and compare the results for di erent states. We nd large di erences in the level of insurance experienced by households in diferent states, particularly for low income households, and that these diferences are mostly driven by state policies. |
| Rights: |
Aquest document està subjecte a una llicència d'ús Creative Commons. Es permet la reproducció total o parcial, la distribució, la comunicació pública de l'obra i la creació d'obres derivades, fins i tot amb finalitats comercials, sempre i quan es reconegui l'autoria de l'obra original.  |
| Language: |
Anglès |
| Series: |
Barcelona Graduate School of Economics. ADEMU working paper series |
| Series: |
ADEMU Working Paper Series ; 138 |
| Document: |
Working paper |
| Subject: |
Fiscal Federalism ;
Insurance ;
Regional Policies |
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