We examine the determinants of income inequality and mobility in a Ramsey model with elastic labor supply. Individuals …

distribution of risks inside society, the Liberal system wins if the inequality of income is low, and the Beveridgean system wins … if the inequality of income is high. Using a utilitarian criterion, the Beveridgean system always dominates and the …

bootstrapping a commonly used index of inequality leads to inference that is not accurate even in very large samples, although … inference with poverty indices is satisfactory. We find that the major cause is the extreme sensitivity of many inequality …

determining inequality, as tax changes that affect hours of work will affect the distribution of wealth and income, reinforcing or …

distributions. Two main approaches can be distinguished: one in which the object of interest is some index of income inequality or …