Haan, Peter; Kemptner, Daniel; Prowse, Victoria - 2018
In this paper, we study how the tax-and-transfer system reduces the inequality of lifetime income by redistributing … offsets around half of the inequality in lifetime earnings that is due to differences in skill endowments. At the same time …, taxes and transfers mitigate around 60% of the inequality in lifetime earnings that is attributable to employment and health …