A European Wealth Tax for a Fair and Green Recovery

Rafael Wildauer (), Stuart Leitch and Jakob Kapeller
Additional contact information
Stuart Leitch: University of Greenwich

No 129, ICAE Working Papers from Johannes Kepler University, Institute for Comprehensive Analysis of the Economy

Abstract: This paper investigates the potential of a European net wealth tax to raise substantial revenues while supporting the economy and the consensus on climate action. To achieve this, household survey data from the European Central Bank (covering 22 EU countries) are analysed. To address the problem of under-reporting of wealth at the top of the distribution in survey data, a Pareto distribution is fitted to the right tail of the data and used to create an amended data set which also represents these missing rich, whose wealth goes unreported.

Pages: 34 pages
Date: 2021-09
New Economics Papers: this item is included in nep-eec, nep-ene, nep-env, nep-hme, nep-isf and nep-pub
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Citations: View citations in EconPapers (6)

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https://www.jku.at/fileadmin/gruppen/108/ICAE_Working_Papers/wp129.pdf First version, 2021 (application/pdf)

Related works:
Working Paper: A European wealth tax for a fair and green recovery (2021)
Working Paper: A European Wealth Tax for a Fair and Green Recovery (2021)
Working Paper: A European Wealth Tax for a Fair and Green Recovery (2021)
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Persistent link: https://EconPapers.repec.org/RePEc:ico:wpaper:129

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