This paper investigates income transfers between dynastic families caused by a public pension system. Using Japanese data, we present simulation results based on a model in which intergenerational altruism works, and income distribution exists between and within generations. The growth rates of...

In this paper, the authors consider reforming the tax system to a comprehensive income tax model in order to amend the differential treatment of income sources. Their simulation analysis shows that the tax reform improves the effectiveness of the tax system on the redistribution of all sources...