this return inequality? I study capital taxation in an economy in which return rates endogenously correlate with wealth … conventional wisdom, rather than calling for more redistribution, the presence of this scale dependence provides a rationale for … 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 …

voluntarily supplied public goods; specifically, we show that not only an income inequality-raising redistribution policy but also … allowed, an inequality-raising redistribution policy is no longer effective and leaves social welfare unchanged. …We investigate how income inequality affects social welfare in a model of voluntary contributions to multiple pure …

Meritocratic beliefs are often invoked as justification of inequality. We provide evidence on how meritocratic beliefs … are shaped by economic status and how they contribute to the moral justification of inequality. In a large-scale survey …. Exploiting exogenous variation in meritocratic beliefs in a two-stage analysis shows that beliefs affect how much inequality …

This paper examines the effects of a unilateral reform of the redistribution policy in an economy open to international … real income in the reforming country, while income inequality is reduced to a larger extent for sufficiently small initial …-reforming trading partner, the unilateral redistribution policy reform resembles a unilateral increase in trade costs leading to a …

relationship between inequality of entitlements, mortality risk, and the size of redistribution in a stylized social security …In most OECD countries, pension reform policy has decreased the level of intragenerational redistribution over the last … three decades, that is, redistribution among members of the same generation with high and low pension entitlements. This …

, and help to explain the gap between lab evidence on support for redistribution and U.S. inequality trends … opportunities and outcomes. We elicit redistribution decisions from a U.S.-representative sample who observe worker outcomes and … lucky opportunities. Our findings have implications for models that seek to understand and predict redistribution attitudes …

, the effectiveness of the electricity tariff as a redistribution device is questionable in the presence of a progressive … model predicts that electricity prices should be subsidised in the presence of purely income redistribution concerns, we … conservation as well as income redistribution …

Increasing inequality and associated egalitarian sentiments have again put redistribution on the political agenda …. Other-regarding preferences may also affect support for redistribution, but knowledge about their distribution in the … national plebiscites, to study the link between other-regarding preferences and support for redistribution in a broad sample of …