I study the optimal taxation of robots and labor income. In the model, robots substitute for routine labor and …. The robot tax exploits general-equilibrium effects to compress the wage distribution. Wage compression reduces income …

We provide a comprehensive analysis of income inequality and income dynamics for Germany over the last two decades …. Combining personal income tax and social security data allows us — for the first time — to offer a complete picture of the … German labor market and increasing labor supply. In the second part of the paper, we study the distribution of total income …

The paper examines the impact of income inequality and mobility on income redistribution in a modified median voter …

We introduce permanently-shifting income shares into a standard growth model with two types of agents. Capital owners … replicate the observed U.S. time paths of the top quintile income share, capital’s share of income, and key macroeconomic …

We examine the determinants of income mobility and inequality in a Ramsey model with elastic labor supply and … rate reduce capital income inequality and allow upward mobility of the ability-rich. However, the increase in the labor … result, high mobility can be associated with an increase or a decrease in overall income inequality. …

We investigate how income inequality affects social welfare in a model of voluntary contributions to multiple pure … public goods. Itaya, de Meza, and Myles (1997) show that the maximization of social welfare precludes income equality in a … voluntarily supplied public goods; specifically, we show that not only an income inequality-raising redistribution policy but also …

Using new long-run microdata, this paper studies wealth and income trends of college and non-college households in the … considerably larger than the college income premium. Over the past four decades, the wealth of American households with a college …