This paper explores the impact of competition on inequality by developing a new model to illustrate how higher profits … results contribute to the economic literature on the origins of inequality, suggesting that competition may help to reduce … economic inequality. …

over inequality. It documents how concern over income disparities has risen in OECD countries over the long run. Nowadays … intergenerational mobility is low. Yet, sufficient support for inequality-reducing policies may fail to arise if people do not agree on … are often divided as to the extent of inequality and what should be done to address this challenge. The report illustrates …