We examine the determinants of income mobility and inequality in a Ramsey model with elastic labor supply and … relationship between mobility and inequality is complex. For example, a reduction in the interest rate and an increase in the wage … rate reduce capital income inequality and allow upward mobility of the ability-rich. However, the increase in the labor …

In this paper, we revisit the association between happiness and inequality. We argue that the interaction between the …, income inequality is perceived more negatively with increased perceived fairness, due to the need for unexpected policy …

income inequality are negatively correlated with relative regional social mobility. In the model, segregation is driven by …, whereas regional income inequality also depends on the magnitude of the productivity gap of low-skilled relative to high …-skilled workers. A larger productivity gap does not affect segregation, but causes higher income inequality and lower relative …

, growth and social mobility than under political regimes supported by the rich; pre-tax inequality is greater in the former …