Fuster, Luisa - In: SERIEs : Journal of the Spanish Economic Association 13 (2022) 4, pp. 613-648
threshold level. I find that this reform reduces the inequality in after-tax income, wealth, and consumption. However, it …. While this reform does not reduce long-run output, it does not decrease household inequality. All in all, the desirability … of the two reforms depends on the government's preferences for reducing inequality at the expense of aggregate output …