“the rich are powerful and they dont like taxes, hence we have little taxation and little redistribution.” That is a good … taxation and non-negligible redistributive efforts. But in some of those cases such redistribution comes hand in hand with … macroeconomic imbalances, high inflation, low growth, as well as low-quality public policies. When redistributive efforts are short …

, including 20 Latin American countries, to explore the effects of political parties on redistribution. First, consistent with a … younger and older parties, older left-wing parties are more likely to internalize the long-run costs of redistribution and to … be more credible in their commitment to redistribution, leading them to redistribute less. With entirely different data …

redistribution kept the gap in disposable income between those same households roughly constant, while also closing the gap between …. Household earnings inequalities reversed direction, as hours of work for low-wage men stopped falling and hourly wage growth was …