If individuals evaluate outcomes relative to the status quo, then a social planner may limit redistribution from rich … know (when we observe near-complete redistribution). Subjects who are themselves risk-seeking over losses drive the effect … suggest that respect for reference points of the wealthy may help explain why voters demand less redistribution than standard …

productivity, to study the efficient degree of consumption inequality in the long run. In our environment a utilitarian planner … allows for consumption inequality even when labor productivity is public information. We show that adding private information …

rates, inequality, and income redistribution. We also extend that model to incorporate social preferences in the form of … altruism and inequality aversion. The experiment varies the amount of inequality and the collective choice procedure to … determine tax rates. We report four main findings. First, higher wage inequality leads to higher tax rates. The effect is …

-led redistribution and greater acceptance of wage inequality (e.g., United States versus Western Europe). If individual nations evolve …-led redistribution to the poor. These patterns suggest that short-run inequality shocks can be reinforced in the labor market but do not …In cross-sectional studies, countries with greater income inequality typically exhibit less support for government …

We develop a theory of optimal estate taxation in a model where bequest inequality is driven by differences in parental …