. Differences are also found in the results by asset class. The implications of these findings for private equity management, profit …

the Swedish income tax schedule. Using population-wide register data from the Swedish military enlistment and …

We develop and estimate a model of jointly optimal income taxes for different types of income. Compared to standard … optimal tax formulas, optimal schedular income tax rates additionally depend on cross-elasticities between tax bases capturing … fiscal externalities. We discuss two applications: the taxation of different income sources such as labor or capital income …

that the choices of the proposers and the responders are consistent with social identity theory (higher offers and lower … proportion of income) also decline by almost the same amount, suggesting shared understanding that is characteristic of social …

uninsured capital income risk, and suffer from an information-processing capacity constraint. For given attention devoted to … capital income risk, we solve for the optimal consumption-saving choices and show that the expected welfare is increasing with … households would pay more attention to capital income risk if they have (i) lower initial wealth endowment, (ii) lower marginal …

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) …

This paper studies the market and welfare effects of income heterogeneity in monopolistically competitive product … sensitive to price change compared to poorer ones’, a mean-preserving contraction of income distribution entices firms to charge … poorer individuals and, in specific circumstances, on the whole population. In an open economy with free trade, lower income …