role of social assistance and commodity boom in Brazil, and the inequality puzzle in Egypt. The paper finds that there is a …

two-country DSGE model for the U.K. economy and the euro area, and use the model to compute the welfare trade-offs from … the ones observed during the recent debt crisis in Europe. The reduction of trade costs generates a net welfare gain of 0 ….9 percent of life-time consumption, while the increased interest rate spread volatility generates a net welfare cost of 2 …

that the optimal progressivity increases unambiguously with growing income inequality. This conclusion holds up under … different assumptions about the efficiency cost of taxation and society’s aversion to inequality …

This paper discusses the theory and practice of tax design to achieve an efficient and equitable outcome, id est in … support of inclusive growth. It starts with a discussion of the key principles from tax theory to guide practical tax design …

-evaluation framework. Surprisingly, we find that the welfare costs of inequality outweigh the benefits of growth in most cases. These … increasing production."" In this paper we evaluate this claim using an extended version of Lucas'' (1987) welfare … calculations support the case for a research agenda that treats not only growth but also inequality as a priority …

two-country DSGE model for the U.K. economy and the euro area, and use the model to compute the welfare trade-offs from … the ones observed during the recent debt crisis in Europe. The reduction of trade costs generates a net welfare g …