, since SBTC raises the direct distributional benefits of income taxes, which more than offset their larger indirect …

This paper examines how skill-biased growth can generate economic fragmentation (income dis-parities) that give rise to …-nationalist policies (which destroy productivity, compress the income distribution and promote the benefits of social affiliation) …

acquisition, with important implications for the assessment of immigrants’ career paths and the estimation of their earnings …

strategy exploits the heterogeneous impact of the shock on importers. The results indicate that this relatively minor, non …-localized shock had a non-trivial economic impact on exposed firms and propagated downstream through affected suppliers. Additional … empirical tests, motivated by a simple theory, demonstrate that low-liquidity firms amplified its transmission …

perceptions of intergenerational mobility change along the income distribution. Empirically, we conduct a survey experiment in … Austria and show that the average treatment effect of information on perceptions is mostly driven by higher income individuals … while low-income respondents hardly react. We replicate this result for the United States and Germany using data from two …