Intergenerational inequality and old-age poverty are salient issues in contemporary China. China's aging population … population dynamics and productivity growth. Although a reform is necessary, delaying its implementation implies large welfare … funded reform harms current generations, with small gains to future generations. High wage growth is key for these results. …

A recent endogenous growth literature has focused on the transition from a Malthusian world where real wages were … linked to factor endowments, to one where modern growth has broken that link. In this Paper we present evidence on another … locate the causes in the Industrial Revolutionary forces emphasized by endogenous growth theorists, we provide evidence that …

This paper analyses how political institutions, wealth distribution and economic activities affect each other during … played by the initial distribution of wealth in determining the long-run pattern of political participation and economic …

known as Zipf's Law. Further, the growth rate of a city's population is uncorrelated with its size, another well …If one ranks cities by population, the rank of a city is inversely related to its size, a well-documented phenomenon … size distributions of cities and countries are similar. But theories that explain the size-distribution of cities do not …

The endogenous growth literature has explored the transition from a Malthusian world where real wages, living standards … modern industrial growth breaks that link. Recently, economic historians have presented evidence from England showing that … secular rise thereafter – must be explained both by industrial revolutionary growth forces and by global forces that opened up …

personal income taxation financed by a board based consumption tax. …

-of-tax rate of return on wealth and g is the economy's growth rate. This suggests that current trends toward rising wealth-income … ratios and wealth inequality might continue during the 21st century, both because of the slowdown of population and … inheritance. Wealth-income ratios, inherited wealth, and wealth inequalities were high in the 18th-19th centuries up untilWorldWar …

is that the nominal distribution of income could give a misleading picture of tensions in society, both within and across …We investigate how vertical unity within a community interacts with horizontal class divisions of an unequal income … distribution. Community is conceptualized in terms of a public good to which all those in the community have equal access, but from …

absolute inequality in welfare achievement, while leaving the change in relative inequality ambiguous. Additionally …, philanthropic preferences may increase the effectiveness of policies to redistribute income, instead of weakening them. Consequently …