provide a novel decomposition of labor income tax formulas into a redistribution and an insurance component. The latter is … capital tax is non-zero and trades off redistribution and insurance against savings distortions. Our quantitative results …We analyze optimal taxation of labor and capital income in a life-cycle framework with idiosyncratic income risk. We …

In this study we experimentally investigate whether solidarity, which is a crucial base for informal insurance … dwellers of Nairobi our design measures subjects' willingness to share income with a worse-off partner both in a setting where … of solidarity with unlucky losers compared to donors and partners assigned to the safe project when they face risk for …

shifts in the shares of wage and non-wage income going to the top decile of U.S. households since 1980. Under realistic … transfers over this period is taken into account. We show that the increase in capital's share of total income and the presence …

There is a striking difference in income inequality and redistributive policies between the United States and … source of inequality and the cost of redistribution. We show that Americans and Norwegians differ significantly in fairness …

We examine whether individuals' experienced levels of income inequality affect their preferences for redistribution. We … their lives are less in favor of redistribution, after controlling for income, demographics, unemployment experiences and … circumstances, perceived relative income or trust in the political system, but seem to operate through our respondents' fairness …

“blunt instrument” for redistribution. To delve deeper in this issue we build models in which workers are heterogeneous in … unemployment benefits). In the second model, the government engages in redistribution through the public provision of private goods …-kind redistribution, and (iii) the MW institution is politically viable only when there is a limited degree of in-kind redistribution …

redistribution. It shows that when globalization increases inequality, a policymaker interested in maximizing the sum of welfares of … all agents increases redistribution. Empirically, the paper examines the effects of globalization on inequality and … redistribution in a panel data set of 140 countries for the period from 1970 to 2012. It finds that both inequality and …

When based on perceived rather than on objective income distributions, the Meltzer-Richards hypothesis and the POUM … and the extent of redistribution in democratic regimes – though such a link does not exist when objective measures of …

I propose a model of income redistribution in an open-economy environment. The world consists of a finite number of … income. While tax competition limits the extent to which redistribution is possible — as compared to the closed …

calculate social welfare weights by income level using the inverse optimal-tax method. We find that all political parties …-benefit system. We argue that political-economy considerations are key in understanding the political status quo and why middle-income … groups are able to lower their tax burdens at the expense of both the low- and high-income groups …