main patterns of inequality, between and within the social groupings. We find that the effects of peer pressure on within …-group inequality differ between groups. We also find that wealth and consumption inequality increase within groups who aspire to match … social targets from a higher class, despite a reduction in within-group inequality in hours and earnings. …

-of-thumb consumers. We demonstrate that an unexpected increase in government spending increases income inequality and decreases wealth … inequality. In contrast to the conventional wisdom that the financing of additional expenditures by debt rather than taxes …

We present new empirical evidence for the US economy that inflation reduces the inequality of the earnings distribution …

in wealth and health, implying persistent increases in wealth inequality that are characterised by increases in wealth … and/or with lower wealth. These changes lead to inequality in exposure to post-pandemic income risk and, in particular, an … incentivising investment in health for those with low wealth and health, it reduces health inequality and, in the short run, the …

We study the impact of endogenous longevity on optimal tax progressivity and inequality in an overlapping generations … model with skill heterogeneity. Higher tax progressivity decreases both the longevity gap and net income inequality, but at …

for all households, and an increase in wealth inequality. Nevertheless, welfare losses are bigger for households with …