umu.sePublications
Change search
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf
Veblen’s Theory of the Leisure Class Revisited: Implications for Optimal Income Taxation
Umeå University, Faculty of Social Sciences, Umeå School of Business and Economics (USBE), Economics.
Department of Economics, School of Business, Economics and Law, University of Gothenburg, 40530, Göteborg, Sweden.
2013 (English)In: Social Choice and Welfare, ISSN 0176-1714, E-ISSN 1432-217X, Vol. 41, no 3, 551-578 p.Article in journal (Refereed) Published
Abstract [en]

Several previous studies have demonstrated the importance of relative consumption comparisons for public policy. Yet, almost all of them have ignored the role of leisure for status comparisons. Inspired by Veblen (The theory of the leisure class. Macmillan, New York, 1899), this paper assumes that people care about their relative consumption and that leisure has a displaying role in making relative consumption more visible, based on a two-type model of optimal income taxation. While increased importance of relative consumption typically implies higher marginal income tax rates, in line with previous research, the effect of leisure-induced consumption visibility is to make the income tax more regressive in terms of ability.

Place, publisher, year, edition, pages
Springer, 2013. Vol. 41, no 3, 551-578 p.
National Category
Economics
Research subject
Economics
Identifiers
URN: urn:nbn:se:umu:diva-80663DOI: 10.1007/s00355-012-0701-3ISI: 000323254900005OAI: oai:DiVA.org:umu-80663DiVA: diva2:650705
Funder
Swedish Research Council, 421-2010-1420Riksbankens Jubileumsfond
Available from: 2013-09-23 Created: 2013-09-23 Last updated: 2017-12-06Bibliographically approved

Open Access in DiVA

fulltext(601 kB)196 downloads
File information
File name FULLTEXT01.pdfFile size 601 kBChecksum SHA-512
35ab2f88297f7f50db6443cc14cda8366a1f113096058f0560bcf92cd7f9c3975ded688f4fce64963edc750ccabc433d2b78e12e35e65e5a839353b7ea692c53
Type fulltextMimetype application/pdf

Other links

Publisher's full text

Authority records BETA

Aronsson, Thomas

Search in DiVA

By author/editor
Aronsson, Thomas
By organisation
Economics
In the same journal
Social Choice and Welfare
Economics

Search outside of DiVA

GoogleGoogle Scholar
Total: 196 downloads
The number of downloads is the sum of all downloads of full texts. It may include eg previous versions that are now no longer available

doi
urn-nbn

Altmetric score

doi
urn-nbn
Total: 119 hits
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf