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that the increase in income inequality observed in some industrialized countries has been associated with higher …
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We analyze randomized online survey experiments providing interactive, customized information on US income inequality … about inequality but only slightly moves tax and transfer policy preferences. An exception is the estate tax …
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. Conversely, with credit constraints, lower redistribution translates into more persistent inequality; hence the potential for … multiple steady states, with mutually reinforcing high inequality and low redistribution, or vice versa. …This paper develops a theory of inequality and the social contract aiming to explain how countries with similar …
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