Different beliefs about how fair social competition is and what determines income inequality, influence the … their effort, it will chose low redistribution and low taxes. In equilibrium effort will be high, the role of luck limited … income inequality and choices of redistributive policies …

redistribution in democratic societies. An infinite-horizon theoretical model is developed, and the properties of the equilibrium tax … rate and the degree of after-tax inequality are characterized. Mobility and stickiness of tax policy are both negatively … two forces are complementary. Tax persistence leads to higher levels of post-tax inequality, for any amount of mobility …

happiness,' we find that there is a large, negative and significant effect of inequality on happiness in Europe but not in the … Europe inequality makes the poor unhappy, as well as the leftists. This favors the hypothesis that inequality affects … right). The results help explain the greater popular demand for government to fight inequality in Europe relative to the US …

earnings inequality in the United States. We first establish a consistent frame of analysis appropriate for administrative data … used to study earnings inequality. We show that the trends in earnings inequality in the administrative data from the …

This paper revisits the Great Gatsby curve that connects inequality to mobility, using panel data spanning several … countries and time periods. Existing literature observes that the intergenerational elasticity of earnings falls as inequality … rises, implying that mobility (viewed as the negative of that elasticity) is negatively correlated with inequality. In sharp …

distribution (relative to their parents) as children born in the 1970s. However, because inequality has risen, the consequences of …

importance since mobility has a direct implication for the way one views the vast changes in wage and earnings inequality in the … computed over varying time horizons in order to examine how the effect on measured inequality as the time horizon is increased … is extended up to four years, reducing wage inequality by 12-26%. We proceed therefore with more detailed examination of …

This paper presents income shares, income inequality, and income immobility measures for all race and ethnic groups in …