skills or not. The government influences individual decision-making by redistribution of income or by subsidizing investment … in skills. Both types of policies have complicated effects on income inequality and social welfare. The first policy … inequality aversion and financing the subsidy is not too distortive …

The relationship between the degree of inequality and the demand for redistribution has been a central question in … political science and political economy. The famous median-voter model predicts that higher inequality, reflected in a growing … gap between the income of the average and the median voter, should lead to increased demand for redistribution, as …

enforcement. Optimal enforcement strategies are developed for both the anti-discrimination and the earnings redistribution models … redistribution model …

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 …

presence of a trade-off between aggregate stabilization and inequality in consumption responses to external shocks. The …

redistributive policies that intend to correct the inequality and injustice generated by corruption. We formalize these insights in a … inequality. Multiple steady states exist in some cases …

excessive flexibility, resulting in suboptimal growth or even self-sustaining technology-inequality traps. Fourth, I examine how … configurations of technology, inequality and redistributive policy are feasible in the long run, when all three are endogenous. I … show in particular how the diffusion of technology leads to the exporting' of inequality across borders; and how this, in …

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 …

role of inequality in the determination of trade flows and patterns. With nonhomothetic preferences, when countries are … similar in all respects but asset inequality, we find that trade is driven by specialization in consumption, not production … look at the effects of combining inequality and endowment differences on trade flows, and see that this has implications …