welfare levels are aggregated by social welfare functions with different degrees of inequality aversion. We apply this …

this return inequality? I study capital taxation in an economy in which return rates endogenously correlate with wealth … lower marginal tax rates. The endogeneity of returns generates an inequality multiplier effect between wealth and its …

metric for optimal carbon prices. Previous literature shows that inequality significantly influences the level of the social … cost of carbon, but mostly neglects a major source of inequality - heterogeneity in income below the national level. We … inequality between and within countries. In particular, we demonstrate that climate and distributional policy cannot be separated …

generates small welfare gains. As the price of robots falls, inequality rises but the robot tax and its welfare impact become …