-cycle model, we determine that taxes and transfers offset 45% of lifetime earnings inequality attributed to differences in …

We assess the usefulness of stochastic redistribution among a continuum of risk-averse agents with quasilinear … circumstances where stochastic redistribution is socially dominated by the deterministic policy where after-tax income lotteries are …

national income (or wealth) appropriated by the same income group. In turn, we develop the Fiscal Inequality Coefficient which …

helps to understand the high levels of inequality. The contemporary fiscal version of that assertion goes something like … “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 …

effect of income inequality on redistribution decisions, we delve into the history behind one's income to isolate the effect … redistribution decisions at the end of that period, in an environment where we keep fixed the sum of incomes over the period. First … augmenting a standard model of inequality aversion. Overall, conditional on exhibiting sufficiently-strong social preferences, we …