their effort, it will chose low redistribution and low taxes. In equilibrium effort will be high, the role of luck limited …

The purpose of the present note is to explore the structure of optimal income taxation/redistribution in an economy …, of course, an additional incentive for income redistribution from wealthy to poor citizens is created and the logical …

skills or not. The government influences individual decision-making by redistribution of income or by subsidizing investment …

This paper constructs a simple model of pair-wise tournament competition to investigate categorical redistribution in … winner-take-all markets. We consider two forms of redistribution: category-sighted, where employers are allowed to use … equilibrium category-sighted redistribution scheme involves a constant handicap given to agents in the disadvantaged category …

We study how monetary policy affects the asymmetric effects of globalization. To this end, we build an open … asymmetric effects of globalization can be smaller for economies with higher international integration …

inequality. Our theory formalizes as well as modifies Linder's conjecture about the relationship between intraindustry trade and …

attendance, labor supply, wage determination, and aggregate production, which is used to compare alternative redistribution …

should be provided, determining how the provision of public goods affects the desirability of income redistribution, and …

Even relatively poor people oppose high rates of redistribution because of the anticipation that they or their children … in large-scale expropriation and highly progressive redistribution. But is it compatible with everyone -- especially the …