incomes. This paper assesses the net welfare benefit of mobility by assuming both a social aversion to inequality in permanent … and on the inequality of income across individuals. Using panel data, we find that Canada's tax system limits … income equalizing effect of taxes can reach up to 23 percent of mean income at the higher values of inequality aversion that …

or households can be both consumers and shareholders, the impact of market power on inequality depends in part on the … inequality. Moreover, over time, corporate equity has become even more skewed relative to consumption. …