In this paper, we study how the tax-and-transfer system reduces the inequality of lifetime income by redistributing … lifetime earnings risk. Based on a dynamic life-cycle model, we find that redistribution through the tax-and -transfer system … offsets around half of the inequality in lifetime earnings that is due to differences in skill endowments. At the same time …

If redistribution is distortionary, and if the income of skilled workers is due to knowledgeintensive activities and … reduction reduces statis inefficiency. On the other hand, standard redistribution also reduces the level of R and D because it … that standard redistribution always dominates limitations to IPRs. …

inequality, such as differences in effort, luck, or opportunities. We study how fairness views and the extent of redistribution …The steady increase in inequality over the past decades has revived a lively debate about what can be considered a fair … distribution of income. Public support for the extent of redistribution typically depends on the perceived causes of income …

A society that believes wealth to be determined by random "luck", rather than by merit, demands more redistribution. We … ground acceleration registered during each shock with survey data about individual opinions on redistribution we show that … inequalities should be levelled by redistribution. The shocks, however, are not all alike. We find that only the last three shakes …

Thirty years after the "Washington Consensus", is there a new policy consensus that addresses the problem of inequality … surprisingly, on what the actual levels of income inequality are, and there are common misperceptions about their trends. In policy …

for the Conservative Party. As far as tolerance for high incomes is related to tolerance of inequality, our results may …

Support for redistribution depends on whether inequality stems from differences in performance or luck, but different … sources of luck may impact redistribution differentially. We elicit redistribution decisions from a U.S.-representative sample … shaping attitudes towards inequality. …

Can inequality in rewards result in an erosion in broad-based support for meritocratic norms? We hypothesize that … social preferences for redistribution. Two separate experiments (one in the UK and the other in the USA) show that the elite …

's attention to inequality that adversely affects Asians. In a nationally representative US sample (N=3,257), we find that around … significantly reduces people's attention to inequality that adversely affects Asians in a pattern detection hiring task, we find …