fiscal policies that achieve a desired degree of redistribution in society. We find that marginal tax rates on the top 1% of …

to borrowers. In this study, we consider redistribution as a channel for aggregate and welfare effects of inflation. We …-generations model of the U.S. economy. While the redistribution shock is zero sum, households react asymmetrically, mostly because … increase in savings. Even though inflation-induced redistribution has a persistent negative effect on output, it improves the …

We study the politics of intergenerational redistribution in an overlapping generations model with short …

(re-)distribution associated with the government's provision of public goods and services. Third, generational accounting …

second generation. The paper characterizes the determinants of the equilibrium intergenerational redistribution carried out … redistribution. The key features of the model are heterogeneity within each generation and altruism across generations …

, while for sufficiently high rates it is negative. Additionally, income redistribution to the young will normally have …