We develop a quantitative heterogeneous-agents general equilibrium model that reproduces the income inequalities of 32 countries in the Organization for Economic Co-operation and Development. Using this model, we compute the optimal income tax rate for each country under the equal-weight...

This study assesses the redistributive impacts of fiscal instruments in a 2014 Mexican household budget survey (ENIGH) correcting for potential top-income measurement problems. We use two correction methods based on within-survey information to re-estimate the redistributive impacts of...

Income inequality is rising but there seems to be no clear-cut effect on redistribution preferences, which is inconsistent with expectations of individual utility maximization. To explain this puzzle, recent research focuses on other-regarding motives. This study follows prior theorization...

This paper explores common trends in inequality and redistribution across OECD countries from the late 1980s to 2013. Low‐end inequality rises during economic downturns while rising top‐end inequality is associated with economic growth. Most countries retreated from redistribution from the...

We study the effect of power sharing over income redistribution among different socio-economic groups in a model of redistributive politics with fairness concern. We prove that a unique pure-strategy equilibrium exists under fairly general conditions; and we show that equilibrium transfers...

How adequately did governments protect their citizens over the Great Recession? The recent recession, the worst since the Great Depression, provides an opportune moment to investigate the adequacy and fairness of countries' responses to an economic crisis. Using household-level LIS data from...

In the context of economic and financial difficulties, the debate over the effect of income taxation and redistribution has come back in most of the European countries. In this paper, we use the LIS data to examine the impact of income redistribution on middle class households from a...

This paper is an empirical overview of inequalities of pension outcomes in six European countries, which are shaped by a variety of institutional pensions schemes. The study contrasts pension system regulation in Denmark, Finland, Germany, Italy, Sweden and the United Kingdom; and analyses their...

This paper analyses major pension system regulation in four European countries: Denmark, Germany, Sweden, and the United Kingdom. It is focused on the government's and social partner's efforts to provide old-age security benefits, and how these regulatory approaches have shaped the current...

This paper presents findings on the changing effectiveness of cash transfers and income taxes on inequality and poverty reduction in four EU countries - the UK, Italy, Sweden and France. We use long time series (spanning four decades) to examine trends within countries over time and between...