This paper studies the optimality of a minimum wage law when it is used, jointly with a distortionary tax … policies. Finally, when it is assumed that tax revenues finance not only transfers, but also public spending, the probability …

lending. This means that another channel appears: tax rates influence interest rates, and this is another channel for … redistribution, since a decrease in current interest rates favors agents with below-average wealth. By the same token---and as is …-economic equilibria deliver tax outcomes as a function of a single state variable: median wealth. We use the first-order condition of the …

. Finally, after reviewing the benefits of using simulation games in NRM, the authors stress the ethical issue of changing … of Simulation & Gaming, some key features related to the implementation of gaming in such a context are introduced …

agent of the economy. Moreover, such a policy decreases the tax rate of the pension system. …

linkbetween contributions and benefits has an impact on the level of capital per capita if and only if there are inequalities of …-benefitstructure. The tax rate and inequalities decrease, whereas the wealth of each agent increases. However, with a defined …

redistribution. Controlling for a number of factors usually found to affect individual preferences in the literature, the egoistic … motives for redistribution are taken seriously and this article focuses on the role played by the occupational status of … presented here identifies which socio-political groups may be formed on the basis of their preferences for redistribution. …

expectations of high mobility are sustained (the ?American Dream?) and dampen the demand for redistribution. In so doing, it draws …