in time. In politico-economic equilibrium, more inequality (in terms of the skewedness of the distribution) yields a …

This chapter reviews the theory of the voluntary public and private redistribution of wealth elaborated by economic … voluntary redistribution of income or wealth. The theory concentrates on lump-sum voluntary transfers, individual or collective … altruistic transfers by Pareto-efficient public redistribution. The chapter is organized as follows. Section 2 presents an …

and benefits of redistribution through taxes, land reform or public schooling: such policies simultaneously depress …’ rent-seeking abilities, as well as with the gap between rich and poor. It is not income inequality per se that matters …, however, but inequality in the relative distribution of earning and political power. For each of the three channels of …

blocks of lifetime disparities. We look at lifetime inequality and the redistribution properties of taxes and benefits using …In this paper we look at lifetime inequality to address two main questions: How well does a modern tax system, based on … annual information, target lifetime inequality? What aspects of the tranfser system are most progressive from a lifetime …

association of reduction of income inequality by governmental taxes and transfers (redistribution) with subjective well … its reduction, their results might indicate that not only the outcome (inequality), but also the procedure (redistribution …-being. Their results provide evidence that people in Europe are negatively affected by income inequality, whereas reduction of …

income inequality in OECD countries has grown in the past 30 years and is still rising. Taxes and tax systems, aside from …

additional limit to redistribution is the fact that even very altruistic agents can deliberately reduce its scope because of its … theories, such as inequality-averse social welfare functions or fairness criteria. It is shown how both approaches can be …